Retirement

Roth or 401k, Which to Max Out First?

Roth or 401k, Which to Max Out First?

By in Investing, Reader Question, Retirement, Saving | 0 comments

Roth or 401k which should I max out first? asked Buck Inspire This is an excellent question, which to max out first, a 401k or Roth IRA? The easy answer, max out both the 401K and the Roth IRA! You can’t go wrong saving and investing as much as you possibly can now. What if I Can’t Max out Both My Roth IRA and 401K? In the real world we all need to make financial choices. Most investors can’t afford to max out their 401k and their IRA. So, how to allocate retirement funds is a common question. If you can...

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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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3 Dividend Stocks to Own In Retirement

3 Dividend Stocks to Own In Retirement

By in Guest Post, Inflation, Investing, Retirement, Stocks | 0 comments

Guest Contributor; Gaurav Sharma 3 Top Dividend Stocks for Retirement If there is and one priority for a retiree investor, it is income.  This can be achieved by owning the best dividend stocks within your investment portfolio.  Dividend stock investing actually has two potential benefits: An opportunity for capital appreciation. A steady or increasing cash flow. A dividend stock investor deploys capital into companies with juicy dividend payments. Depending upon when the dividends are paid, you earn regular cash payments deposited into your brokerage account. After purchasing the stock, there’s no additional work, making dividend investing perfect for retirees....

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6 Steps to Avoid Outliving Your Money in Retirement

6 Steps to Avoid Outliving Your Money in Retirement

By in Debt, Guest Post, Retirement | 0 comments

Guest Contributor, Kostas Chiotis Don’t Outlive Your Retirement Money! Planning for retirement is one of the most important things you can do financially. It’s also one of those things that people tend to put off until retirement is right around the corner. But if you don’t have a solid plan in place, you risk outliving the money you set aside for retirement. Although, if you start today, it’s possible to avoid outliving your money. Make it a priority and your future self will thank you. So whether you are already retired, nearing retirement, or still have decades to go, this article...

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How to Earn Money Online – 5 Jobs For Seniors and Retirees

How to Earn Money Online – 5 Jobs For Seniors and Retirees

By in Make Money, Retirement, Sponsored | 0 comments

*Please read affiliate disclosure below. More and more seniors are working in retirement. Either by choice or necessity, the idea of retiring to a life of complete leisure is becoming a distant memory. As a solopreneur, working with my laptop – wherever – I appreciate the desire to learn how to make money online. With basic computer skills, the opportunity to earn from home is easier than you might think. Even if you must work in retirement, to pay the bills, there’s a silver lining for seniors and retirees building their online businesses. The National Insitute of Health claims that you’ll...

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