How Much Money Do You Need to Be Rich? | The Highest Paying College Majors | Rolling a 401(k) Into an IRA: What to Know

Yes, You Can Retire on a Cruise Ship. But Consider This First | Should You Roll Your 401(k) Into an IRA? | Here's How Much Money You Need to be Considered Rich Created for {EMAIL} | [Web Version]( July 22, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( [SIGN UP]( ⋅ [WEBSITE]( [] Top Story [] [Yes, You Can Retire on a Cruise Ship. But Consider This First]( [Yes, You Can Retire on a Cruise Ship. But Consider This First]( (Getty Images) Plenty of people are taking an unusual approach to retirement. Instead of downsizing to a ranch-style home near kids, they’re [booking apartments in residential cruise ships](. Here, a New York attorney and author who spent six years on a cruise ship talks about what you should consider before taking the plunge, including what types of ships to look for, which amenities you’d need, and what type of person is suited for the cruise life. [] Savings [] [Should You Roll Your 401(k) Into an IRA?]( [Should You Roll Your 401(k) Into an IRA?]( (Getty Images) [Rolling over a 401(k) into an IRA]( is an effective way to keep retirement savings growing when you plan to switch jobs or retire from the 9-to-5 for good. This type of rollover can also confer tax benefits and give you more control over your investments. But is it the right move for you, and when should you do it? Expert Adam Shell explains everything to know about it. [Who Has the Cheapest Car Insurance in 2024?]( Do not pay your next car insurance bill until you read this... [Learn More >]( ADVERTISEMENT: [] Personal Finance [] [Here's How Much Money You Need to be Considered Rich]( [Here's How Much Money You Need to be Considered Rich]( (Getty Images) Think you know [what it takes to be rich in America](? How much is enough to afford a rich lifestyle, and what does being wealthy actually mean? There are plenty of different ways to answer the question, including looking at how much a person makes vs how much a person is worth. Read on to see some thresholds — and figure out how you stack up. [] Successful Retirement Planning [] [10 Ways to Generate Retirement Income]( [10 Ways to Generate Retirement Income]( (Getty Images) When it comes to retirement planning, income planning is typically the first point of discussion. Can you afford to retire and enjoy the lifestyle you want with the resources you have? What seems like a straightforward question has become anything but. Here, we provide [10 ideas for generating income in retirement](. [Financial experts + automated tech]( While you focus on what's important to you, Betterment is working behind the scenes to optimize your investments and make your money hustle. [Learn More]( ADVERTISEMENT Featured Content Sponsored Content from Kiplinger Personal Finance Magazine [Build wealth. Cut taxes. Retire rich.]( Get a [FREE ISSUE]( of Kiplinger Personal Finance magazine, and save up to 74% to subscribe. Includes special issues such as Investing Outlook, Retirement Planning, Mutual Fund Roundup, and Guide to ETFs. Count on Kiplinger for trustworthy help to make more money, keep more of the money you make, and live a financially secure life. [CLICK HERE]( [] Stocks [] [How to Find the Best Energy Stocks]( Have you ever looked at rising gas prices and thought to yourself, "man, someone is getting rich off this, and it sure isn't me"? Well, guess what? You don't have to be left out. With the best energy stocks, you can indeed build a little wealth from pain at the pump. Investing expert Kyle Woodley walks through what to look for in energy stocks. [Read More]( [] Careers [] [The 10 Highest Paying College Majors]( No surprise, majoring in engineering and finance yields the biggest paydays five years after graduating college, while majoring in liberal arts or performing arts pays the least. But which specific majors result in the highest and lowest paydays? [Read More]( [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 ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. 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