Summary
The article outlines six proactive strategies retirees can use to boost income and protect assets. It urges readers to begin with a robust financial plan, ideally with a transparent advisor. Delaying Social Security benefits can significantly raise lifetime payouts. Continuing to work—whether full-time, part-time, or through side gigs—helps stem erosion of savings. Retirees should also rethink their portfolio strategies to optimize tax and risk outcomes. Downsizing to a smaller home cuts costs and frees capital. Finally, tapping into home equity via options like reverse mortgages can provide additional steady cash flow during retirement.
Money
Read the Full Article
The dedicated team at Newsletter Station has provided this summary for your convenience.
Harness the potential of email marketing with Newsletter Station. Reach your target audience, drive conversions, and achieve your business goals.
|
|
|
