Summary
Retirees can boost their income by taking proactive financial steps. First, build a clear retirement plan and consider professional advice to guide key decisions. Delaying Social Security benefits increases future monthly payments, while working longer—full- or part-time—adds earnings and may let you contribute more to retirement accounts. Smart money moves, like managing taxes and reallocating assets thoughtfully, strengthen cash flow. Additionally, using home equity, such as through rentals or reverse mortgages, can generate extra funds. These strategies help retirees stretch savings and increase financial flexibility throughout 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.
|
|
|
