How to Score a Retirement Hole in One, Three Ways to Supersize Retirement Savings, Should You or the Trust Pay a Trust's Income Taxes?

Eight Tips for Managing Fluctuating Income | How to Score a Hole in One for Retirement | Should You or the Trust Pay a Trust's Income Taxes? Created for {EMAIL} | [Web Version]( July 7, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Building Wealth]( [Youtube]( [Building Wealth]( [SIGN UP]( ⋅ [WEBSITE]( [] Personal Finance [] [Eight Tips for Managing Fluctuating Income]( [Eight Tips for Managing Fluctuating Income]( (Getty Images) Your income might not be regular, but your saving, budgeting and financial planning can be. Financial professional Anthony Martin asked other business experts to share their ideas on how to [manage fluctuating income](. [] Retirement Planning [] [How to Score a Hole in One for Retirement]( [How to Score a Hole in One for Retirement]( (Getty Images) Financial planner Evan T. Beach uses a [golf analogy for retirement planning](: Start with your stance (aka your financial plan), choose the right club (aka asset allocation) and go from there. [This Billion Dollar Startup Wants to Help You Retire]( This Princeton grad's startup raised $161 million to help people plan for retirement. If you're one of the whopping 110 million Americans over the age of 50, or wisely planning ahead, SmartAsset's no-cost tool can help match you with up to 3 vetted financial advisors. [Learn more]( ADVERTISEMENT [] Estate Planning [] [Should You or the Trust Pay a Trust's Income Taxes?]( [Should You or the Trust Pay a Trust's Income Taxes?]( (Getty Images) Irrevocable trusts can be set up so that the trust maker [no longer pays income taxes](, and the taxes are instead paid by the trust. Estate planning attorney Rustin Diehl explores the pros and cons. [] Insurance [] [What to Consider Before Buying Life Insurance]( Financial professional and attorney Patrick M. Simasko offers the lowdown on the types of life insurance out there and what could work for you and your budget. 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