Smart Money: ; 30-Year Investment for Kids Isn't Easy to Select; Encouraging Children to Retire at 55 Is Doing Them a Disservice

Summary


Q. What stocks or investments would you suggest for a 21-year- old to buy and hold for a retirement plan? I would like to have my children buy something and invest money so they have a retirement by the time they are 55 years old.

R.A.

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Smart Money: ; 30-Year Investment for Kids Isn't Easy to Select; Encouraging Children to Retire at 55 Is Doing Them a Disservice

Ojai, Calif.

A. I'm wondering why you would want your 21-year-old to retire at 55? Having said that, retirement age by that time will very likely be 70 or more. Life expectancies are increasing at a ve...

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