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8 Money Tips for Seniors Suffering from Inflation

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kiplinger.com

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alerts@kiplinger.com

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Wed, Jun 29, 2022 10:15 AM

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What to Do When Your Tenant is a Hoarder! | Financial Advice I Would Give My Younger Self ? Planni

What to Do When Your Tenant is a Hoarder! | Financial Advice I Would Give My Younger Self – Planning for Education Funding | A 3-Phase Plan to Get into (and Out of) Real Estate Investing Created for {EMAIL} | [Web Version]( June 29, 2022 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Building Wealth]( [Youtube]( [Building Wealth]( [SIGN UP]( ⋅ [WEBSITE]( [] Inflation [] [8 Money Tips for Seniors Suffering from Inflation]( [8 Money Tips for Seniors Suffering from Inflation]( (Getty Images) This year has been an especially tough one for seniors on fixed incomes. To stay on track, try these eight financial survival tips from Neale Godfrey of Children's Financial Network Inc. [READ MORE]( Plus: [Fed’s Latest (and Greatest) Rate Hike Sure to Cause More Pain]( [] Legal Briefs [] [What to Do When Your Tenant is a Hoarder!]( Landlords must be very careful how they approach this tricky situation. Handled incorrectly, you could be in for a lawsuit, warns attorney H. Dennis Beaver. [READ MORE]( Plus: [The Myth of Passive Real Estate Investing]( [Help Automate America's #1 Favorite Food]( Over 90% of Americans eat pizza. Why? It's fast and delicious, of course. Piestro makes it faster and more delicious with a robotic pizza pod that can dish an artisanal pie in 3 minutes. Take this opportunity to give the world what it wants. [Make pizza automation a reality by investing in Piestro.]( [READ MORE]( ADVERTISEMENT [] College [] [Financial Advice I Would Give My Younger Self – Planning for Education Funding]( College 529 plans vs. Roth IRAs: Alvina Lo of Wilmington Trust shares what she wishes she had known when saving for her own law school and her son’s college. Taking her advice could put you years ahead of the game. [READ MORE]( Plus: [Thoughts Before Funding a 529 College Savings Plan]( [] Real Estate [] [A 3-Phase Plan to Get into (and Out of) Real Estate Investing]( [A 3-Phase Plan to Get into (and Out of) Real Estate Investing]( (Getty Images) How one Atlanta couple turned a $62,000 rental property into a $3.5 million real estate portfolio and then used a Delaware Statutory Trust 1031 Exchange to exit the business while paying $0 in taxes. Dwight Kay of Kay Properties and Investments explains their strategy. [READ MORE]( Plus: [I’m Retired. Should I Pay Off My Mortgage?]( [5 Reasons to Invest in COMMERCIAL Real Estate vs. Residential]( Times like today clearly show the value of diversifying a portfolio beyond stocks and bonds. Real estate is one way to do that because this asset class generally doesn't move in tandem with stock and bond markets. [READ MORE]( ADVERTISEMENT [] Investing [] [Move Over ETFs: An Investment Strategy Worth Paying Attention to]( More flexibility, more control, the potential for higher returns and tax-reducing strategies: With pros like that, could direct indexing be right for you? Adam Grealish of Altruist outlines how it works. [READ MORE]( Plus: [Is It Time to Move to Cash? The Father of the 4% Retirement Withdrawal Rule Did.]( [WEBINAR: Accelerate cloud modernization and cost optimization with AWS Marketplace]( In this session, DevOps Institute and AWS will share industry trends, success stories, and solutions to help you make informed decisions about modernizing your infrastructure. [READ MORE]( ADVERTISEMENT [] Also on Kiplinger [] - [How Gas Prices Are Determined]( - [Dividend Stocks Are Paying Off for Income Investors]( - [Sign Up Free for Kiplinger Today -- Timely Tips to Make and Keep More of Your Money Every Day]( ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Since 1920, Kiplinger has earned a reputation as 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’s Personal Finance magazine, The Kiplinger Letter, The Kiplinger Tax Letter, Kiplinger’s Retirement Report, and Kiplinger’s 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]( and [podcasts]( 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 US LLC © 1100 13th St. NW, Suite 1000, Washington, DC 20005

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