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10 Things You Should Know About REITs

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kiplinger.com

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Mon, Apr 1, 2024 11:56 PM

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And, will the newest Powerball billionaire net more from a lump sum or payments Created for {EMAIL}

And, will the newest Powerball billionaire net more from a lump sum or payments Created for {EMAIL} | [Web Version]( April 1, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Instagram ]( [Youtube]( [SIGN UP]( ⋅ [WEBSITE]( [] Introduction [] [Stepping Into Not Being An April Fool]( I love spring. I’ve had enough of the scant sunlight and bare trees, and I welcome the warmer, sunnier weather. I also love an April Fools’ joke. Pulling off the perfect prank on April 1 was a laudable goal when I was in high school. I wanted to take a different tack and offer some real advice about not being foolish financially. To that end, here are [four financial myths to reject]( if you don't want to be a financial fool. - Donna LeValley, personal finance writer [You can do better than the 4% rule for retirement income]( Many advisors say you should only withdraw 4% of your savings at the start of your retirement. With Go2Income you'll get a plan with income that: 1. Starts between 4.5% to 6.5% 2. Increases to age 85 3. Does not run out 4. Factors in your personal objectives See how you can increase your retirement income with a complimentary Go2Income plan. [Order Your Plan]( ADVERTISEMENT [] TOP STORY [] [28 Great Places to Retire Near the Beach]( [28 Great Places to Retire Near the Beach]( (Getty Images) I spent my adolescence at the beach and enjoyed every sundrenched day. That’s why I’m not surprised that so many people aspire to live or retire in proximity to sand and surf. The air is cleaner, the days are cooler and there are an endless list of activities to do. If you are so inclined, take a look at these [28 great beach communities]( that are ripe for retirees. You’ll be surprised by the diversity of places and shorelines that are on this list. [] REAL ESTATE [] [What You Should Know About REITS]( [What You Should Know About REITS]( (Getty Images) Real estate is typically a good long-term investment, and REITs can give you access to a wider portfolio of properties. They function like mutual funds but hold properties in lieu of securities. If you think flipping properties is a good investment but is too labor intensive, a REIT can give you a hands-off way to participate in the upside of appreciation without the heightened liability. Keep reading to learn the [10 things you should know about REITs before investing](. [How to Help Your Retirement Savings Last]( Spending your hard earned retirement money can be complicated—and it's important to make the right decisions that will help your savings last. Vanguard Personal Advisor is built to provide you an ongoing collaboration with our professional advisors — so you can retire with the support you need. 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[$1B Powerball jackpot winner will get a hefty tax bill]( This is one hefty tax bill I’d be happy to pay. [Digital estate planning guide]( Let your loved ones know what should happen to your email and social media accounts and photos after you’re gone. [What experts see in economic signals for 2024]( Insights about the economy and investing for 2024. [Build a Better Portfolio for 2024 — Sign Up for Kiplinger's Free Investing E-Newsletters]( ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger Retirement Report]( and [Kiplinger Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. 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