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MANAGEMENT RETIREMENT INCOME-RELATED ARTICLES BELOW
Retirees Should Consider Investing More
in Real estate
If you’re starting your retirement,
consider your portfolio allocation
strategy – i.e. how to split your money
among different asset categories. You’ll
want investment income to cover living
expenses but you’ll also need long term
investments to maintain your portfolio’s
value against inflation damage. Here’s
why real estate investments can deliver
both of these...read
more
Use High Income Investments in Your
IRAs for Retirement Income
The tax-deferred and tax-free nature
of IRAs makes high income
investments attractive for retirees
especially if they’re looking for
income to live on. Here’s why...read
more
Withdraw from Taxable Accounts First and Let
Tax-Deferred Accounts Compound to Best
Maintain Savings
Retirees who need to dip into savings to pay
their yearly expenses should first take from
their taxable accounts (i.e. not IRAs, etc).
Let the tax-deferral help your tax-deferred
accounts grow faster for greater future
savings. This article explains why...read
more
Failing Health during Retirement Brings You
through 3 Distinct Financial Stages
Determining
how much income you’ll need to get you
through retirement can be tricky. We can’t
predict how long we’ll live nor how our
health will fare over the duration. It’s
wise to consider how failing health may
bring you through different financial stages
– each with its own income demands. That’s
what this article is about...read
more
Ways for Soon-to-be Retirees to Protect and
Preserve Their Assets
If you’re
in the 62 to 65 year old range, you’re getting
ready to retire. And you have a remaining life
expectancy that’s statistically about 20 years
or more - still a long way to go. Be sure to
prepare to preserve your assets for the long
haul. Here are a few things to work on...read
more
Retirees, Take Charge of Your Retirement
Income and Expenses
To get the most for your
buck, you need to take charge of your income
and expenses - maximize the former and
minimize the latter. Knowing the statistics
of retirement incomes can help you
understand where you stand compared to
others...read
more
Watch You Don’t Pay More on Loan
Consolidations
In preparing for retirement,
you may consider consolidating your loans
for ease of payments. Perhaps you may just
want to make one payment per month and
minimize that amount. Beware you don’t end
up paying more financing fees than you would
on your original loans for consolidating
them...read
more
‘Retirement Work’ Can Be Good For You
Many who reach retirement
need more income than their Social Security,
pension or savings can supply. And many
retirees also want something to ‘work at’
that keeps them going in a purposeful and
satisfying way. Whichever is the case,
consider this for what to ‘work at’ in your
retirement...read
more
Know Your Income Options in Retirement
Most retirees want a steady
income relatively immune to market turn downs,
but not outlive their income. At 65 you have
some 20 years of life expectancy and with 50%
living longer! Inflation has historically
averaged 3% which cuts the value of a dollar by
a 25% in 10 years. Consider how to handle your
income options...read
more
Use Your Motivation to Prepare for Your Retirement
Work
If
it looks like you’ll need to work in retirement, at
least for a while, choose an endeavor you enjoy to
keep yourself motivated. This article gives you an
approach to finding a job you want.
Read more
How to Choose Retirement or ‘Independence’
Work for Your Salvation
Many who reach retirement
need to work for more income. Those who are
younger want out of the drudgery of their
‘employee’ jobs. Both can find something to
‘work at’ that makes life enjoyable. This
article helps get them started.
read more
Four Ways to Use Your Home Equity for Retirement
Income
If you own a house, you can use
its equity to improve your retirement income.
This article summarizes 4 ways to generate
income from your home’s equity.
read more
Social Security Income – When Should You
Start Receiving Yours
Social Security pays you a monthly income
that’s annually adjusted to the cost of
living (COLA) until you die. But whenever
you die, all benefits to you stop. read
more
How to Withdraw an Annual Income but Maintain Your
Portfolio Value
Statically
you have some 20 years more to live at retirement
age. But you never know; you could live 35 more
years. That means if you want to withdraw income
every year to live on, you should withdraw only at a
rate that keeps the ‘real’ value of your portfolio
at least constant...read
more
Get Oriented to Handling Your Retirement Income and
Expenses
When you start your retirement, get a handle in what
your income is and what your expenses are. Maximize
the former and minimize the latter to give you more
to do what you want...read
more
Consider the Real Cost of You Loan Consolidation
Loan consolidations are
targeted to people with good credit ratings.
Debt consolidation, on the other hand, is
directed to people with serious debt problems.
Debt consolidation may hurt your credit rating.
Here, we’ll concentrate on loan consolidation...
read more
Do a Reverse Mortgage on You Home for Needed
Income or Cash
For most people around retirement age, their
home represents a big chunk of their assets.
Unfortunately it’s just sitting there not
being used – aside from a place for living.
But now, you can turn the equity in your
house into a stream of income or a lump sum
payment...read
more
Inflation Will Eat Up More Than Half Your
Income after 25 Years of Retirement – Unless
You Invest Right
Sixty-five year olds have a remaining life
expectancy of about 20 years. And that means
50% will live even longer. So you should
plan for your retirement income to last for
at least 25 years. By all measures,
inflation will take a big bite of a dollar’s
purchasing power over that time. Below, I
review inflation’s effect and the amount of
portfolio growth you’ll need to maintain
your purchasing power in your withdrawal
income....read
more
A Reverse Mortgage Is a Costly Option to Use
Your Home Equity
The first advantage of a reverse mortgage is
that it allows you to borrow from your home
equity without having to pay it back for as
long as you live there. But it’s a costly
way to access your home equity. Here, I
consider why it’s costly, who might best use
a reverse mortgage and other options to
access home equity....read
more
Withdraw Conservatively While Investing
Aggressively to Preserve Your Income and
Portfolio’s Purchasing Power
Projecting how much reliable income your
savings will give you concerns every
potential retiree. Since you have a 50%
chance of living more than 20 years at age
65, you really must plan to avoid dipping
into principal until you’re quite old. But
inflation over this time will eat into your
principal...read
more
Keep Your Wealth Longer by Withdraw Income
from Your IRA or 401(k) Only After Using Up
Your Taxable Accounts
As a
retiree you’ve probably accumulated savings
in both government-regulated retirement
accounts – such as a 401(k) or an IRA – and
regular taxable accounts. You’ll withdraw
from them for your annual living expense...read
more
Different Tax Treatments Suggest an Order
for Tapping Your Sources of Income
By
the time you hit retirement, you’ve probably
acquired a variety of savings and income
assets. From these you’ll withdraw income to
live on and enjoy your retirement years...read
more
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