It seems more and more difficult these days to make money in retirement. More and more people are turning to part-time work and other ways to supplement their retirement income. Here are 11 great ways for anyone in retirement, or even for people who have other jobs, to make a little extra.
Caring for your elderly loved one can be really costly. The good news is, your loved one can cut the costs of senior care in the future by investing in 401(k) plans, long-term care insurance, individual retirement accounts, and more. But did you know that you can save money by applying for a health and savings account? It has not one, but three separate tax benefits your loved one can enjoy. Find out more about it here.
As we grow old and our health begins to decline, there may come a time when we won’t be able to effectively manage our personal and financial affairs. It pays to prepare for the worst and expect for the best. Getting a Power of Attorney will give you and your elderly loved one peace of mind knowing that their personal and financial affairs will be taken care of.