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6 Retirement Planning Tips for 50 Year Old’s

6 Retirement Planning Tips for 50 Year Old’s

By in Debt, Insurance, Retirement, Saving, Sponsored, Tips | 0 comments

Retirement Planning Action Tips for Today You’ve hit the big 5-0 and the reality that you’re not going to work forever sinks in. If you’re like most Americans, your retirement account is on the lean side. A recent Economic Policy Institute article reports that for households between ages 50 and 55, the average savings balance is $124,831. Yet, all is not lost and at age 50, there’s still a solid 15+ years to go before retirement. With targeted planning, you’ve got time to craft a successful retirement. Read on for 6 important retirement planning tips for 50 year olds: Retirement...

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5 Life Insurance Mistakes Retirees Make (That Cost Them Thousands)

5 Life Insurance Mistakes Retirees Make (That Cost Them Thousands)

By in Guest Post, Insurance, Retirement | 0 comments

Life Insurance Mistakes in Retirement By, Chris Huntley Life insurance mistakes in retirement are common. And they are easy to fix. Learn how. Don’t let Alex Trebek be your insurance agent. Don’t avoid insurance if you’re in ill health.  Use a full-service insurance broker. As you’re dealing with life insurance in retirement, the wrong move can cost you thousands of dollars. …and unless you have a massive pension or other retirement accounts, those are mistakes you simply can’t afford. To help you make the right choice with your life insurance needs, here’s a list of the top life insurance...

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Should I Invest in an Annuity? Simple Answers to All Your Annuity Questions

Should I Invest in an Annuity? Simple Answers to All Your Annuity Questions

By in Advanced Investing, Insurance, Money Management, Reader Question, Retirement | 0 comments

Understand the Annuity Product-In Plain Language Annie Logue of the Root of All, Chicago on the Cheap, and author of several Money and Investing Dummies books about asks; “When are annuity investment products a good idea?” Annuities are a hot button financial offering because they are a product that usually charges you high fees and nets the seller a high commission. Thus, they are frequently (inappropriately) promoted to individuals for the purpose of giving the seller a fat commission. This article delves into the nuts and bolts of the annuity product, when and when not to buy an annuity, and how not to...

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You Don’t Need Life Insurance (Or Do You?)

You Don’t Need Life Insurance (Or Do You?)

By in Insurance, Personal Finance, Sponsored | 3 comments

You Don’t Need Life Insurance Life insurance is one of the few things you buy and hope you don’t use. You may be thinking, “If I’m not going to use it, then I don’t need life insurance”. Why Should You Spend Money On Something You’ll Never Enjoy? The life insurance conversation typically begins with these questions: Are you married? Do you have kids? Is your income helping to support someone else? If so, you’ve probably been told to get life insurance. Here’s why you don’t need life insurance: Why spend money on life insurance when you’ll never see a...

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Do Billionaires Need An Emergency Fund?

Do Billionaires Need An Emergency Fund?

By in Automatic Saving, Debt, Insurance, Saving | 29 comments

How Billionaires and the Uber-Wealthy Went Under If you think billionaires don’t go broke, think again. Lottery winners, professional athletes, actors, and others with tremendous wealth have lost it all. The interesting thing about money, not matter how much you have, if you spend more than you make or swindle others, at some point you’ll wind up broke.  Bernie Madoff – From $17.179 Billion to Zero How wealthy do you think the Madoff family is today?  According to a Time.com article by Sam Frizell last year, “Where are Bernie Madoff and His Inner Circle Now?” The once wealthy Madoff family...

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Get Rid of Money Stress with Free Text

Get Rid of Money Stress with Free Text

By in Asset Allocation, Automatic Saving, Bond, Budget, Debt, Inflation, Insurance, Investing, Mind and Money, Money Management, Mutual Funds, Personal Finance, Retirement, Saving, Stocks, Tips | 0 comments

You Can Live Without Money Stress Click here to get FREE investing book. It will reduce money stress + build wealth A recent Amercian Psychological Association Survey found that Money is the leading stressor for Americans. In spite of the finding that overall stress in the U.S. is at a seven year low and average stress levels are falling, money stress continues to distress us. Click here to get this FREE investing guide to build a 6-7 figure retirement fund (even if you’re over 40) You’d think financial worries were worst during bad economic times. Yet, since this survey...

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