Originally Posted by BigDave39355
Originally Posted by Calvin
I like a wells fargo advantage or eaton vance closed end mutual fund. Pays above 8% div, and pays out monthly. Reinvest, and let things start to snowball for you. I own a fair amount of EVV.


This got me to thinking I'm looking for something long term.
I have no clue when it comes to this stuff.

I'm 36 and want to plan for retirement.
Right now I just put 8% + 6% match into 401k. What else should I look into ( other than savings)

Thanks


On January 1st, increase it to 9%. Do that each year until you reach the max your plan will allow. You will be automatically increasing your savings rate, lowering your tax bill and learning to live on a little less which will make retiring to a fixed income easier when the time comes.