New to investment, looking for advice to open an acount

[mike357]

Hello everyone, I'm mike, new to this investment thing. I'd like to start an account for retirement, I'm 23 right now.

I don't have much money now as I'm finishing college, but I would like to start something where I can put money in each month and generate 10% a year. This 10% would be after all fees and payments to whatever broker or service I'm using. I could go lower than that but I do not want less than 8% a year ever.

My plan is to invest 200$ a month for the first 5 years, then 1,000$ a month for about 15 years, and 2,000$ a month after that until I retire.

I really don't want to mess with buying and selling myself, please point me in the right direction, and let me know what problems I might face in the future with this investment idea. Also how much would it cost to start an account, or how much down payment do I need to start something like this?

Thanks!