Posted by: tuple November 17, 2014
How are you planning for retirement?
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From all the threads about incomes and savings , its good to see Nepalese doing well. Anyways, just wanted to bounce this by you guys to get some ideas on how to plan for retirement. I know it entirely depends on when and where you want to retire, but still no harm in running some ideas across...

questions ? (might be invasive but most of us use a throwaway account here anyways..)

1. How much annual income would be a good/reasonable amount in today's dollars during retirement?
2. How much are you contributing to your 401K? just enough to get the employer match or maxing out the limits (18000 annually for 2014 ...i think)
3. Do you take into account Social Security Benefits for retirement?(might not apply for people who plan to return or similar scenarios along that line) , and given the uncertainty in this aspect are you expecting anything from it after ~30 years?
4.Contributions to IRA ( What kind? ROTH/ Regular, I seriously need some suggestions here, shortly put(one who is just starting out, couple of years in IT, making OK money(not that stellar money as some of you folks make) . Manage it yourself or someone else? Which brokerage /company would be the best to open an IRA?
5.Invest here or in Nepal? what sectors and for what reasons ?

just seeking suggestions...

Thanks,
Tuple
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