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10 Ways To Get 5 More Years Out Of A Cracked Retirement Nest Egg
Adam Shell says everyone should be thinking about making their retirement money last longer because 401k and IRA balances are shrinking. Plus, everything costs more than it used to. Finding ways to generate more income during retirement is at the top of every retiree’s and aging worker’s wish list. Shell offers these top 10 tips:
1. Make Cash Work Harder With Retirement Planning
2. Get A Raise From Social Security By Waiting to Claim Until Age 70
3. Retirement Planning: Consider A Roth IRA Conversion
4. Combine Social Security Raise With A Roth IRA Conversion
5. Earn Income With Covered Calls For Retirement Planning
6. Invest Outside Retirement Accounts
7. Max Out 401(k) Contributions And Play Catch-Up
8. Get Professional Retirement Planning Help
9. Avoid Unforced Errors
10. Move To A Cheaper Locale
Read the details on each and full article here.