Is There a Best Day of the Year to Retire?, Estate Planning Tasks to Do Now, Rethink Your 401(k) Options if You’re Almost 60

How to Cut Taxes as Short-Term Interest Rates Come Down | Is There a Best Day of the Year to Retire? | How to Create a Reliable Retirement Paycheck Created for {EMAIL} | [Web Version]( April 7, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Building Wealth]( [Youtube]( [Building Wealth]( [SIGN UP]( ⋅ [WEBSITE]( [] Taxes [] [How to Cut Taxes as Short-Term Interest Rates Come Down]( [How to Cut Taxes as Short-Term Interest Rates Come Down]( (Getty Images) Investment adviser Jerry Golden details how using after-tax savings to buy an immediate annuity could [shift your taxes on income to later years](, when you might have expenses that can offset higher taxes. [] Retirement Planning [] [Is There a Best Day of the Year to Retire?]( [Is There a Best Day of the Year to Retire?]( (Getty Images) Taking into consideration the time of the month and the time of the year can [make a difference in your retirement income](, according to financial planner Evan T. Beach. [Attention Income Investors, Learn How to Generate Dividend Yields of 10%]( The average annual return of commercial real estate over 20 years is roughly 9.5%, nearly 1% greater than the S&P 500's average annual return of 8.6%. The CRE Income Fund pays an annual 10% dividend yield and is a long-term strategy that returns over $25,000 for every $10,000 invested over the next ten years. [READ MORE]( ADVERTISEMENT [] Saving for Retirement [] [How to Create a Reliable Retirement Paycheck]( [How to Create a Reliable Retirement Paycheck]( (Getty Images) When it's time to [create your retirement income plan](, these do's and don'ts (plus a never) from retirement specialist Thomas Diorio could come in very handy. [] 401(k)s [] [Have You Reached 59½? Time to Rethink 401(k) Options]( A rollover IRA might be in order to help protect your retirement savings from potential (and potentially disastrous) market downturns. Financial planner Chris Ballard explains. [Read More]( [The Minimum Investment for a Financial Advisor]( How much money should you have before hiring a financial advisor? Find out the level of liquid assets at which an advisor's benefits potentially outweigh the costs. [Learn More]( ADVERTISEMENT [] Estate Planning [] [Five Estate Planning Tasks You Need to Do Now]( For a solid estate plan, financial planner Joe F. Schmitz Jr. notes you should put powers of attorney in place, designate beneficiaries, tackle tax planning and more. [Read More]( [Growth Investing: Tapping Trends Beyond the Mag 7]( Innovation at the Magnificent Seven tech giants has driven strong returns, but other companies are also poised to benefit from innovation. At Parnassus Investments, we see promising secular trends in AI, life sciences, cloud computing and digital payments. [LEARN MORE]( The Parnassus Funds are distributed by Parnassus Funds Distributor, LLC. Mutual fund investing involves risk, and loss of principal is possible. ADVERTISEMENT: [] RELATED KIPLINGER ARTICLES WE THINK YOU'LL ENJOY [] [Should you pay cash when you downsize?]( A financial planner presents three scenarios to help you decide if you should skip the mortgage on your next home. [How life insurance can help you preserve your wealth]( Life insurance not only provides liquidity for your family to cover immediate expenses after you pass, but it also can minimize estate taxes. [What to expect in a gray divorce (and three steps to prepare)]( Legal costs, how assets are divided and other expenses can be eyebrow-raising. Being prepared before you start the process is critical. For the latest ways to earn 5% to 7% cash yield safely and reliably, plus 4 Model Portfolios to show you exactly where to put your money, bank on [Kiplinger Investing for Income]( 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. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](mailto:alerts@kiplinger.com) | [ADVERTISE]( [Future]( Future US LLC © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036