Retirement investing strategy guides

I’m finding many useful retirement investing strategy guides as I work to build you the best site for financial security after 50.

One of the best retirement investing tutorials is Prudential Financial’s Retirement Planning Tutorial, in which they describe a process to design your retirement with a business plan. This method is sure to be a hit with entrepreneurs and business executives strategically planning their retirement investing.

An example from the Prudential Financial retirement tutorial:

One way to convert a retirement plan into a business plan is to follow these four steps:

• Know your client. That’s you. When do you plan to retire? What do you hope to do? Will your mortgage be paid by then? Will you have children in college?
• Create a business plan. What are your fixed expenses? How much income overall will you need? How much do you expect to get from Social Security, company pensions or other retirement benefits and from your own retirement savings? Remember to factor in the effects of inflation.
• Remain focused. Monitor your savings and investments. Compare them to your plan. You’ll most likely discover any problems early in this way, when they are likely to be relatively simple to fix.
• Update your plan as necessary. Your retirement business plan should change over time as your needs change. Perhaps you will decide to travel more. The birth of a new grandchild may cause you to shift some funds to create a college fund for him or her.

Other retirement investment topics discussed in detail include 401(k)s, Traditional IRAs, Spousal IRA, Roth IRA, Rollover IRAs, Planning for an Early Retirement, Early IRA Distribution and Taxes, and more. Setting aside some time to read through the Prudential Financial retirement tutorial could pay for itself over and over again.