Retirement question

Discussion in 'Business Operations' started by groundskeeper4, Mar 17, 2009.

  1. groundskeeper4

    groundskeeper4 LawnSite Member
    Messages: 20

    I've been professionally landscaping for 8 years (3 years with my own business) and was wanting to know what others are doing to save for retirement? I currently have a Roth IRA that I've been contributing to for the past 2 years but with the way the stock market is, it's looking like I may retire at age 125. My financial advisor says that now is the time to buy and I am but when your returns aren't great it's hard to keep pumping cash into your IRA. I just wanted to know what other landscapers are doing to plan for their own retirement. Thanks in advance for your help.
  2. touhey33

    touhey33 LawnSite Senior Member
    Messages: 778

    keep investing in your ira and stop watching the market. Your IRA is a long term investment don't worry about what the market is doing right now, also it is a good time to buy as everything is low.
  3. bohiaa

    bohiaa LawnSite Fanatic
    Messages: 5,220

    NO, NO,, NO,,, Pick up the phone, call the White house and ask Obummer, how much more money are you going to give away ?

    then ask him how much should I write this check for ?

    he will tell you...

    Mine is up to 9,000.00 Well that was at 5:00 Pm tonight...
  4. Classified

    Classified LawnSite Senior Member
    Messages: 988

    Thats why I have a wife who is a teacher with a 401k. LOL Im a newer company so I havent put much thought into retirement funds on my end. but the wifey is doin good, LOL
  5. ford550

    ford550 LawnSite Member
    from PA
    Messages: 221

  6. groundskeeper4

    groundskeeper4 LawnSite Member
    Messages: 20

    Thanks for the replies. I'm gonna keep contributing to my IRA but I didn't know if their was any other retirement plans that may be more secure. I like the IRA but I feel like I'm putting all my eggs into one basket.

    IRRITECH LawnSite Senior Member
    Messages: 999

    if you are the business owner why don't you ask your financial guy about a SEPF from Vanguard.
  8. Proc's Lawncare

    Proc's Lawncare LawnSite Member
    Messages: 92

    BLAH to all of this advice!!! Open a self directed IRA and invest in tax lien certificates across the US! You earn a guaranteed 8%-50% return on your MONEY!! Don't let people blow your money, take cahrge of it...educate yourself on tax liens... then bank the cash, working for a financial guru company, they dont tell there customers this, but thats how ALL of them make there money, AND tax lien certificates are NOT based on the economy.... Read into it or pm me with can turn 5k into 15k within 24 months if you just educate yourself on it!! Hope this helps!

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