What is the best way to invest ones locked in retirement funds to draw on at 60 years? Through bonds or mutua

If you do not want to work for someone, and want to live off retirement funds, Help???

If your money is in an IRA, you can invest in much more than just bonds and funds. You can invest in things that can make you much more of a return like stocks and options. You, of course, risk more (if you don't know what you're doing).

This depends on several things.
1. Do you have any other income?
2. How much do you have?
3 WHat are your epenses?
4. What other assets do you have?
5. How long are you going to live (i.e. any known medical conditions)
6. Where are you located?

Withot one knowing the answer to these questions, nobody can really help you.

By the way, you have far more options than just mutual funds and bonds. (e.g., annuities)

The biggest question is, how far are you away from 60? If you're still at least 15-20 years away, go with a diversified portfolio of stock mutual funds. As you get closer to 60, mix in more bonds to stabilize your portfolio so that there's less chance of it taking a big hit shortly before you'll need your money.

IRAs allow you to withdraw funds after you reach 59 1/2 years of age without penalty until then your earnings grow either tax differed (pay taxes when you retire) or tax free such as a ROTH IRA (money you have already paid taxes on). If you have many years before you reach 60 put most of your money in mutual funds you can choose some that invest in stocks and some that invest in bonds. Mutual Funds are less risky than owning individual stocks or bonds because they are less volatile. Good luck!