Social Security Taxes Jump, Perfect Time to Buy Life Insurance, Florida Condo Crisis

When Is the Perfect Time to Buy Life Insurance? | Seven Habits for a Happy Retirement | Social Security Tax Wage Base Jumps for 2024 Created for {EMAIL} | [Web Version]( May 20, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( [Retirement Tips]( [SIGN UP]( ⋅ [WEBSITE]( [] Your Financial Legacy [] [When Is the Perfect Time to Buy Life Insurance?]( [When Is the Perfect Time to Buy Life Insurance?]( (Getty Images) This is not an easily answered question, other than 'when you're the youngest and healthiest you can be.' Your occupation, habits and extracurricular activities will also affect your [insurance premiums](. [Life insurance]( expert Karl Susman walks you through some of the different factors at play. [] Retirement Mindset [] [Seven Habits for a Happy Retirement]( [Seven Habits for a Happy Retirement]( (Getty Images) Most people think that planning for a [happy retirement]( is all about numbers. But ask any retiree, and they will likely tell you that is only half the story. These strategies for a happy retirement are just as important as [financial security]( as you age. [How to Develop a Dividend Reinvestment Strategy]( Generate $2,000 a month in dividends with a private REIT, specializing in industrial properties. This fund offers a path to create passive income using dividends and compound interest. With 250k at 10% APY discover how to yield $2000/month to help you reach your financial goals. [READ MORE]( ADVERTISEMENT [] Social Security Changes [] [Social Security Tax Wage Base Jumps for 2024]( [Social Security Tax Wage Base Jumps for 2024]( (Getty Images) The Social Security tax, withheld from each paycheck, stops once your income reaches a certain amount. [Wealthier taxpayers]( will have more [Social Security tax]( taken from their paychecks this year due to a wage base increase. [] Retirement Real Estate [] [As Florida Condo Prices Fall, What's a Condo Seller to Do?]( [As Florida Condo Prices Fall, What's a Condo Seller to Do?]( (Getty Images) Condo prices in Florida have been steadily falling, fueled by an increasing rate of motivated sellers. Real estate consultant Joseph Hernandez examines how [high interest rates]( and changes to the Florida Condominium Act are creating [headaches for condo sellers](. [7 Secrets About Hiring a Financial Advisor]( Working with a financial advisor can be a crucial part of any healthy retirement plan. But choosing the wrong one could wreak havoc. Check out these 7 secrets comfortable retirees know about hiring an advisor, so you can work to potentially save years of stress. [See the list]( ADVERTISEMENT Featured Content Sponsored Content from Kiplinger Retirement Planning 2024 [Plan and enjoy a worry-free retirement.]( Whether you've already left the workforce or you're just beginning to think about it, [Kiplinger Retirement Planning 2024]( will show you how to maximize your 401(k), select top-performing investments, get the most from Social Security, protect your estate, ensure affordable top-notch health care and much more. [Click to see table of contents.]( [] Pension Protection [] [Should You Take the Survivor Option on Your Pension?]( [Should You Take the Survivor Option on Your Pension?]( (Getty Images) Many people think they should take the [pension survivor option]( to make sure their spouse is left in the best financial position. Joe F. Schmitz Jr., CFP, reveals how you may be able to create a better outcome through some [creative financial planning](. [Get Your Retirement on Track]( As you're deciding when to retire, you'll need to think about how much money you're likely to spend each year. Vanguard advisors are here to help investors like you make more informed and confident financial decisions. [LEARN MORE]( ADVERTISEMENT [] See the World, Safely [] [Travel Medical Insurance: Here's What You Need to Know]( [Travel Medical Insurance: Here's What You Need to Know]( (Getty Images) Almost 82% of all American adults (more than 212 million people) intend to travel this summer, with 25% planning on [traveling internationally](. While you're planning your getaway, [consider your options for travel insurance](. It's better to be safe than sorry when traveling abroad. [] RELATED KIPLINGER ARTICLES WE THINK YOU'LL ENJOY [] [Want to Hire a Remote Financial Adviser? What to Consider]( It's not as big a deal as it used to be, but there are still some things to think about first. [Should IRS Direct File Return Next Year to Compete With TurboTax, H&R Block?]( Several lawmakers and organizations are urging the Treasury and the IRS to bring Direct File back next tax season. [Sign up free for A Step Ahead: Guidance on how to navigate today's challenges to business, the economy, and financial markets.]( 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