How do I turn 50k usd into a retirement in 20 years?

roth ira?

But how? Iroth? Money market? What is the most secured option? I am a total retard when it comes to making money. I have no problems saving, I just have no clue as to how to make it grow.

50k isn't enough. 50k plus about 20k a year into the usual retirement fund combo of a maxed out IRA and index fund / bonds is.

You'd be very luck to get 7% a year interest and best place to get that would be a stock market tracker = but let's pretend you will.

This means you'd have just under $200000 in 20 years but don't forget that inflation of at least 2% a year will eat into that. What could you buy a house for 20 years ago?

If you can pay in another $500 a month you'll have a good pot, and $1000 you'll be laughing. But if you just put the $50k you aren't having the retirement you hope for.

moneychimp.com/calculator/compound_interest_calculator.htm

Just look for any stock market tracker fund and put your cash there. Not sure if US rules but ideally you want to sheils this cash from income tax and so need to take it from your pre tax earnings.

They sell books on this. Find a financial planner in your city that works as a fiduciary (technical term, you ask them and they tell you if they are or not) if you're not willing to read. In your case they'll recommend a combination of 401k, IRA or Roth IRA, and bonds / low fee index funds most likely.

Under no circumstances give your 50k to some financial planner who is not a fiduciary. They will try to tell you otherwise when you talk to them.

Invest money on a few start ups.
Use educational establishments for cheap(free) labour
Market the crap outta them when money comes in fold company, rinse repeat...
Y1 - 50k
Y2 - 20k
Y3 - 70k
Y4 - 150k
Y5 - 300k+

This makes perfect sense to me. I am a blue collar worker with a union pension, but I don't think that I will be able to tough out my career for the next 20+ years, so my credits will be worth much less by the time I get to retirement, so I need to get something else going. So my best bet is to start a Roth IRA with the 50k and then do my best to throw a couple hundred bucks a month at it for as long as I can?

If you invest in a index fund the idea is that the market will always be rising?

What happens if it crashes? In the book ‘the intelligent investor’ (or something like that) they showed that investing each month for the same amount would be best. You could buy high or low. But overall it would work in the long run.

If you invest 50k at once don’t you have the change the market would go down?

Yes the market could go down. But over a 2o year horizon it should give time to even out. Difficult bit will be timing when to cash out. You can either leave invested forever or remove and turn into cash funds at that point for safety.

I don't know anything about it. That's why I am asking. I get that diversification is key, but I have no clue where the safest place to put that money is.

Dude get a financial assistant. No use ducking around when you can find someone who knows more than you. It’s worth paying for

OK safest place is in a cash account but that won't give you the growth you want. If you want safe investing look for a fund tracker. Investing just in Apple or Amazon or even a small basket of companies will put you in too much risk

Obviously just keeping it in the bank is doing absolutely nothing for me. Is it worth going to an investor and taking that leap of faith?

At this point, I think this is the best advice I have gotten from this thread.

probably not possible in the current economic climate. 200k or so would be ideal.

I understand, but I have somewhat the same issue, so when i read the replies I wonderd if it would be a better bet to do 50k at one or in steps.

ps. You could also invest a small amount in silver or gold. If everything crashes and war happens or what not those prices will go sky high, so with a small % of your investment you could secure your capital worth.

I have about 260k in capital but I am not willing to spend it all. I want 100k for a home and a substantial saftey net. 50k is my comfortable number.

>small amount

Traditional financial advice is that gold should comprise 5-10 percent of assets, or 10-20 percent if you’re not including home equity.

Yeah, like 15k of it. That is a small amount of the grand total.

25 small gap, 25 mid gap, 25 international, 25 high gain all vals in percentages

How is the marajana market looking? Is it worth getting in early on the supposed "green rush"?

5-10% is small, but is gold still valued as it was traditionally? oil is defintitely not.

Bitcoin is like $20 a coin or whatever when I first hear about it. I kick myself slightly every time I think about it. I told myself it was just a fad and not putting a few grand into coins , mining early on. Not to say I wouldn’t have lost said coins some how. Also not to say I’d have cashed out at its peak either.

OP is not asking about get rich quick shit, he is asking about secured investments. Yes resources like oil or gold fluctuate in short term models, over time they always increase in value. How much value is where being smart about selling comes into play.

Graham Stephan on youtube has a lot of good slow, genuine investing advice cause idk jack shit about it, but watch him so I can pretend I do

not many individual investors can track markets like that. its usually better to let managers handle it.

OP here, this has all been very interesting to me and really got me thinking. Thanks Yea Forumsros.

The fact is that long term investments will always turn a profit. How much of a profit depends on where the money is.