The Oxford Club was founded in 1989. The company is a privately owned firm that helps clients grow and manage their wealth. The company mainly consists of private investors as well as entrepreneurs. The company works with clients from around the world.
The company offers many products and services to its clientele. Some of these products are newsletters and investment research services. Some of the latter group of products the company has are the Emerging Trends Trader, Gold and Resource Trader, and the Momentum Alert. With services like these clients can grow and manage money easily.
In an article for Investment U, Chief Investment Strategist Alexander Green shows people how to save enough money for their golden years as well as how much of that money should be in stocks. The answer to this question varies for each person. If you expect to live twenty or thirty years after hitting retirement age then it would be wise for the person to set a good deal of money aside for that time. Green provides an example for people to understand. If a person needs five-thousand dollars a month to live on or sixty-thousand dollars per year, the best advice Green gives is to save three-hundred thousand dollars. This money can provide for unexpected expenses cover the costs of daily living. This can also help in the stock market if times get rough for the investor.
There are a few things that people can do if the portfolio is not as large as the one mentioned earlier. First, the person can work more and retire later. Second, the individual can save more money. Third, invest in a higher rate of return which can make the investor more money for retirement. Fourth, set aside a higher risk reserve which could pay off big, and finally reduce living expenses.
These are just a few things that people can do to help bolster their retirement savings. Every situation is different and unique. With the help of Alexander Green from the Oxford Club, any client that is looking to save for retirement can have the necessary tools.