For the right investor, real estate could be a great way to invest if you want to create retirement income. Prices are low and so are interest rates. That, my friend, spells opportunity. Does real estate offer the best retirement investment? Of course you have to be mindful about where ...
The goal of this guest post is to introduce to you, and outline for you, a common sense way to manage your money during retirement. I will introduce a retirement income plan that few of you have seen before, but after you read this blog, you will be asking yourself, “Why doesn’t ...
One of the fastest ways to build residual income is to reduce expenses. This could be a few different things, such as:Negotiate for lower payments. For things like your phone, internet, and cable bills, see if there’s a way you can talk to your providers about lowering payments. ...
A reprint of the article "Optimizing Your Retirement Income: What Works Best and Why," by Christine S. Fahlund, which appeared in the summer 2008 edition of "The Price Report" is presented. It discusses the factors that should be considered when optimizing retirement income. These include the...
It is also important to determine yourCanada Pension Plan (CPP)andOld Age Security (OAS)entitlement. CPP and OAS may not provide enough for most retirees to live on, but for a low-income worker with a long career and a low retirement budget, they may not need to save as much as t...
They can help you plan for not only how to invest it to meet your goals, but also walk you through any tax implications and plan for the most advantageous way to receive, save, and invest your money. Your financial planner should begin by reviewing your financial goals, such as paying ...
If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known "Social Security secrets" could help ensure a boost in your retirement income. For example: one easy trick could pay you as much as $22,924more... each year...
While $1,000 might not seem like a large sum, it can go a long way when you invest it while keeping your goals and risk tolerance in mind.
» Learn more about how to invest in bonds Corporate bonds Corporate bonds operate in the same way as government bonds, only you’re making a loan to a company, not a government. These loans are not backed by the government, making them a riskier option. And if it’s a high-yield ...
(MoneyWatch) Welcome back to my series,16 Weeks to Plan Your Retirement. My last post discussed how invest your savings to generate retirement income. Here we'll examine the best ways to buy an immediate annuity with a guarantee of a lifetime payout -- retirement income generator (RIG) #...