How is everyone planning for retirement?

Discussion in 'Business Operations' started by weed wacker 2, Oct 20, 2009.

  1. topsites

    topsites LawnSite Fanatic
    Messages: 21,653

    I tell you folks one thing thou...

    Before I waste a ton of time trying to figure out this stock market thing,
    the first place to put the money is one's own business.

    That's where my stock belongs, in parts and supplies for the business.
    Because being in debt doesn't work.
  2. mdlwn1

    mdlwn1 LawnSite Silver Member
    Messages: 2,443

    So sayith the shepard..............
  3. lawnspecialties

    lawnspecialties LawnSite Silver Member
    Messages: 2,524

    Hey dtelawn.

    That $5000/month was a typo. Earlier in that same post, I said $5000/year and then later put $5000/month. If we could put away $5000/month doing lawn maintenance, then everybody would be doing it.
  4. Ronniecoleman

    Ronniecoleman LawnSite Member
    Messages: 133

    I have a different approach to saving money, I'm 31 years old and 10 years ago found a part time job to supplement my landscaping. I was lucky that the job offers full medical and dental benefits as well as matching 401k and stock plans. So anyways since I started at this job I have put $25 into there stock program and they match that every paycheck. With the 401k I put in $50 every pay check and they match that until a certain dollar amount everyyear. The remaining money I split 50% into a cd for short term savings and the other 50% remaining is mine to spend on whatever I want.

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