Exactly How I'd Invest $50,000 for Retirement, Starting From Scratch
Even with today's elevated inflation levels, $50,000 is still a lot of money. All by itself, it can potentially compound to over $1 million within the course of a typical career if you get hold of it early enough and invest it well enough. Even more importantly, though, it just might be enough to enable a life-changing financial strategy that can serve you well throughout your career and beyond. It's one that can work even if you're starting from nothing and are already established in your career.
With that in mind, using that money to jump-start a lifetime investment strategy would be the basis of exactly how I'd invest $50,000 for retirement, starting from scratch. That kind of money is pretty close to two years' worth of maximizing qualified retirement plan contributions available to many working Americans, and that's what I'd target doing with it.
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Source Fool.com
