Why You Need an Estate Plan | The Average 401(k) Balance by Age | Things Homebuyers Will Hate About Your Home

I Didn't Think I Needed an Estate Plan Until This Happened | How to Find the Best Retirement Community for You | Retirement Income Shouldn't Depend on the Market; It Should Depend on Math Created for {EMAIL} | [Web Version]( August 19, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( [Retirement Tips]( [SIGN UP]( ⋅ [WEBSITE]( [] Your Financial Legacy [] [I Didn't Think I Needed an Estate Plan Until This Happened]( [I Didn't Think I Needed an Estate Plan Until This Happened]( (Getty Images) Financial professional Pam Krueger was motivated to get her estate plan in order after the untimely death of a loved one. She shares [six simple steps to square away your own estate plan](. [] Retirement Communities [] [How to Find the Best Retirement Community for You]( [How to Find the Best Retirement Community for You]( (Getty Images) Retirement communities can vary significantly in terms of their housing options, amenities, healthcare services, and culture. Here's how to [break down the process of choosing your ideal retirement nest](. [Overly Invested in Equities? Consider This Alternative]( Generate attractive tax-advantaged income and long-term capital appreciation that provides diversification away from the broader stock market. 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 and compounded annually over the next ten years. [READ MORE]( ADVERTISEMENT [] Income Strategies [] [Retirement Income Shouldn't Depend on the Market; It Should Depend on Math]( [Retirement Income Shouldn't Depend on the Market; It Should Depend on Math]( (Getty Images) Market ups and downs can keep retirees on edge, worried about potentially big losses from which they may never be able to recover. Dividing your assets into three different buckets -- safety, income and growth -- can help [protect you from inevitable market downturns](. [] Downsizing Your Home [] [20 Things Home Buyers Will Hate About Your House]( [20 Things Home Buyers Will Hate About Your House]( (Getty Images) If you've been considering listing your property, now might be the time to take advantage of low inventory and intense homebuyer competition. Just don't let the small -- or big -- fixes around your house that have added up over the years [sabotage your bottom line]( during a sale. [How Long Will $1M Last in Retirement?]( It may sound like a lot of money, but is $1 million really enough for a comfortable retirement? Check out these scenarious of how long $1M could potentially last, as well as some important factors that could determine whether it's enough to save for retirement. 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Experts identified this top credit card of 2024 offering 0% intro APR until nearly 2026. You can also earn up to 20,000 miles after spending just $500 on purchases in the first 3 months! [Learn More]( ADVERTISEMENT [] Your Savings [] [The Average 401(k) Balance by Age]( [The Average 401(k) Balance by Age]( (Getty Images) Is your 401(k) balance keeping up with the Joneses? Be honest. You can admit it. You -- like most U.S. workers with a 401(k) -- are curious about [how your personal nest egg stacks up against the average 401(k) balance by age](. [] RELATED KIPLINGER ARTICLES WE THINK YOU'LL ENJOY [] [Ten Things In Your Home That Could Be Worth a Fortune]( Those old items collecting dust in your home can actually be worth more than you think. A lot more. [How to Overcome Identity Loss in Retirement]( It's not unusual to mourn the person you were before retirement. 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