[USER]

Needing help on how to invest my IRA. I am 36 and want to retire around 50. Currently held with fidelity. Any advice?

want to make the most of my IRA investments. What strategies or asset allocations would you recommend to achieve this goal?

Should I focus on index funds, real estate, or alternative investments? Also, how can I balance risk and growth while ensuring long-term stability?

I’d love to hear from those who have successfully navigated early retirement or have insights into tax-efficient investing.

Any advice or lessons learned would be greatly appreciated!

[Arturo]

36 years old but without knowing your annual expenses or expected expenses for retirement makes it difficult to say but to assume needing 50k a year from the start of retirement at age 59 1/2 or 60.

Because you can only pull your contributions from a Roth IRA prior to that age so even if you maxed contributions right now that would be about 105k worth of contributions being 7k each year. (Likly will increase over the years)

So, I would make a Brokerage account also and invest in VOO as well to help grow money that will be taxable later but you can use it at 50-60 at your own will.

You’ll have to pay taxes on the profits at the end of the year.

Anyway, if you can max your Roth IRA that is with a bank that allows you to invest it like vanguard or fidelity for example and buy VOO being similar to S&P500 (with slightly less fees nothing to be concerned about although.) choose whatever one same difference.

You’ll want to try your best to put in that 7k each year which is $583 each month and assuming the 30 year average for VOO at 13% although it’s best to say 8-9% but we will go with the 13% right now
So, if you put in $583 each month till age 60 with 13% that’s $1,157,000 at age 60 ready to be withdrawn tax free.

At this point you’ll want to sell of a portion that will allow you to move into out of the stock market to allow some to be safe and used for the upcoming years you plan on using as the rest of it will be allowed to continue to go up and down with the market to continue to grow.

If you only put $583 each month till 50 then at 60 it’ll look more like $1,012,000.

If you have a pensions or something that allows you to reduce how much you withdraw that 1mil to the age of 70 can grow to be closer to 3.5 mil estimated also depending how much you withdraw.

Now if you needed 50k a year at age 50 and you plan on living til 90 you would need 2 mil overall.

But mind you 550k at 60 untouched still investing will grow 10 more years potentially to 2mill and keep you covered the rest of your age.

[Kash]

Don’t have kids or buy a big house. Get a townhouse with no hoa

[Zach]

If you’re talking about a traditional or Roth IRA – Invest into VTI or VOO every month and check out the balance when you’re 59 1/2.

If you’re wanting to retire prior to that you’d probably need to do a regular old brokerage account (which isn’t tax advantaged).

However, if the Universal Savings Account goes through, watch out! It’s gonna make FI a lot easier prior to age 59 1/2.

[Winston]

FXAIX is fine. It gives you exposure the biggest 500 US companies out there and is perfect for novice investors looking for long term growth potential.

To accelerate the growth of your retirement savings be sure to take reach out to a CFP to draw out a roadmap and financial strategy to help you achieve e goals plus invest in education, read books.

I’ve got a couple of finance book pdfs that would help you make better informed decisions

Lastly, you could also look into setting up an automatic investment plan that draws from your bank monthly so you never have to lift a finger or worry about forgetting to invest

[Author]

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