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How one woman realized her retirement goal to travel
the world

Speaker: Joyce Kimura

VIDEO, (2:46) Recorded June 19, 2012

 

JOYCE KIMURA: I think I always thought that when I retired, I wanted to travel. Because even when I was teaching, I would travel in the summer when I could. So yeah, that was one of my goals was to be able to afford to travel when I had the time.  

I love to eat. I like to cook and bake and so forth. And one of the things I love about traveling is that you get to eat the food in the country, so that’s one of the things I really love about traveling. I love to eat.

Well, actually, my financial adviser got me started in putting away monthly whatever I could afford. I think it was $25.00. Of course, I wasn’t making very much either. I was probably making $700 a month, if that.

But I just started with $25 and then I would just gradually increase it. If I got a raise, I would maybe take a little bit of that and increase my investment. It was taken out of my paycheck so I didn’t really miss it. No matter whether the market went up or down, I just kept putting in that monthly amount that I had committed to, and I did that for over, well, about 37-1/2 years.

When the market went down I really didn’t need to adjust my investment withdrawals, because I was pretty much just trying to live on what I was still earning or getting from my pension. I didn’t want to open the statement when it came. I think everyone felt that way because you know, you looked at it and everything had gone down. So I did talk to him and he was reassuring. So I just pretty much went with his advice.

I think teachers have to be conservative because they don’t make a lot of money. When teachers are starting out and if they have a family, they don’t have a lot of extra money to invest. I think my style is that I just consistently invested every month, and so it turned out well.

 


The statements included in this section are the opinions and beliefs of the speakers expressed at the time the commentary was recorded and are not intended to represent those persons' opinions and beliefs at any other time. These investor experiences may not be representative of the experience of other investors.

Past results are not predictive of results in future periods.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Investing outside the U.S. involves risks such as currency fluctuations, periods of illiquidity and price volatility. These risks may be heightened in connection with investments in developing countries. See the most recent shareholder report or prospectus for more information on these and other risks associated with investing in the fund.

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