Sources of Retirement Income When you’re retired, you need dependable income — often from multiple sources Try not to rely on just one income stream in retirement, as it may not provide enough money. Think about what kinds of income streams are most possible and appealing for you. Consider dividend-paying stocks or reverse mortgages, for […]
4 Surprising Sources of Retirement Income
4 Surprising Sources of Retirement Income Consider these four uncommon sources of retirement income if Social Security, 401(k), and pensions can’t meet your needs. It’s scary to stop earning income when you stop working, but everyone dreams of a comfortable retirement, so it’s a bridge you’ll have to cross eventually. Popular sources of retirement income, […]
Need Cash in These Tough Times
Need Cash in These Tough Times? Here Are 16 Strategies These are financially stressful tough times. If you could use some more cash, put some of these ideas to work. I found this article today in the Motley Fool- an investment blog. I thought I needed to shre this in these tough times. The ongoing […]
Five Terrible Money Mistakes That’ll Wreck Your Retirement
Five Terrible Money Mistakes That’ll Wreck Your Retirement No one wants a lean, downgraded lifestyle in retirement. Stay off that path by avoiding these money no-nos. Money mistakes are like termites. They can work quietly behind the scenes, gnawing away at your wealth. You might even avoid any major consequences for years — right up […]
Run Out of Money in Retirement
Here’s How Many U.S. Households Will Run Out of Money in Retirement This is going to turn into a major problem affecting young boomers at a large scale. I am involved with my parents who have a Reverse Mortgage and they were set. Plenty of money, plus VA aid and attendance to add over $2000 […]
10 Ways to Boost Retirement Income
10 Ways to Boost Retirement Income Don’t assume that your retirement income is fixed. You can increase it — and live off of more money in the future. by Selena Maranjian- The Motley Fool If you think of the term “fixed income,” you probably think of retirees. After all, people in retirement are typically relying […]
5 Income Strategies
5 Income Strategies to Supplement Social Security in Retirement. If you want income, annuities aren’t the only way to go. Social Security is only designed to replace about 40% of the average retiree’s income, leaving two options — either dramatically reduce your standard of living, or create additional income from other sources. While annuities are […]
No Retirement Savings
No Retirement Savings and Nearly Out of Time? Here’s How to Compensate. Countless older workers are about to end their careers without money in the bank. Here’s what to do if you’re one of them. Article I found today from the Motley Fool. Maurie Backman (TMFBookNerd) Though we’re told to prioritize retirement savings during our […]
Should I Get a Reverse Mortgage
Should I Get a Reverse Mortgage? The Motley Fool A reverse mortgage isn’t right for everyone and it does have some drawbacks, but for certain people, it can be a solid solution to retirement income needs. by Selena Maranjian. You can go other places, all right — you can live on the other side of the […]
