Note: Remember that in general, life insurance is not an investment. It's not the best way to pay for retirement, but it is an option if you're out of other options. The cost of senior care can be extremely daunting for retirees. According to Assisted Living, independent living can cost anywhere from $1,500 to $4,00 a month, while residing in assisted living facilities has … [Read more...] about How to Use Your Life Insurance Policy to Pay for Retirement
Retirement
How to Rollover to Gold From a 401k With No Penalty
If you're considering converting your 401k account to a gold IRA, you need a 401k to gold rollover guide. Here, you'll learn about the tax consequences, options for transferring the funds, and the IRA custodians that offer this service. We'll also discuss the pros and cons of rolling your 401k account into gold. Let's get started! 401k to Gold IRA Rollover Process The … [Read more...] about How to Rollover to Gold From a 401k With No Penalty
The 4 Best Ways to Stretch Your Money During Retirement
It is really important to plan for retirement as everybody knows. However, some people do everything right and still end up retiring with less money than they had planned to have. The stock market just took a big tumble and if you just retired you are now seeing your pension lose a lot of its value. Unfortunately, this spells a big retirement crisis for a lot of people. The … [Read more...] about The 4 Best Ways to Stretch Your Money During Retirement
How to Own Your Retirement Before You Retire
Dreaming of retirement is simple. Sometimes life makes executing a plan for retirement complicated. Many things are beyond your control, like what interest rates will be, how the stock market is performing, perhaps even how much money you earn. However, your retirement is ultimately your responsibility and so, you have got to take charge. There are two main tenets to getting … [Read more...] about How to Own Your Retirement Before You Retire
Tax-Efficient Investing in Retirement: A How-To Guide
Investing in your retirement can be both a rewarding and equally complicated process. Every year, countless individuals, and couples, struggle to find the most effective retirement plan. Factoring in all the complexities of retirement investment can be quite taxing – literally. One of the biggest complications when investing for your retirement is the inclusion of tax … [Read more...] about Tax-Efficient Investing in Retirement: A How-To Guide