7 Surprisingly Valuable Assets for a Happy Retirement

Is Your Retirement Portfolio a Tax Bomb? | What’s All the Fuss About Direct Indexing? | 5 Things to Teach Your Kids about Money and Happiness Created for {EMAIL} | [Web Version]( August 24, 2022 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Building Wealth]( [Youtube]( [Building Wealth]( [SIGN UP]( ⋅ [WEBSITE]( [] Retirement Planning [] [7 Surprisingly Valuable Assets for a Happy Retirement]( [7 Surprisingly Valuable Assets for a Happy Retirement]( (Getty Images) A long and happy retirement takes more than just money. Jacob Shroeder of Advance Capital Management lists seven things happy retirees do – besides dutifully saving the money they’ll need to quit the 9-to-5 grind. [READ MORE]( Plus: [Sports Give Seniors a Zest for Life]( [] Tax Planning [] [Is Your Retirement Portfolio a Tax Bomb?]( A warning to high earners and super savers: That massive 401(k) or traditional IRA that you worked so hard to build may become a big problem in retirement. David McClellan of Forum Financial Management shares what you need to know, and what you can do about it. [READ MORE]( Plus: [Is an Army of New IRS Agents Coming for Your Tax Dollars?]( [Balancing Public and Private Investments]( With new private investment opportunities emerging across a range of asset classes, is now the time to reevaluate the role of private investments in your portfolio? A new report from The Northern Trust Institute offers research-backed insights to weigh your options. [LEARN MORE]( ADVERTISEMENT [] Investing [] [What’s All the Fuss About Direct Indexing?]( Investors who want control over which stocks they own are looking at direct investing. It comes with some distinct advantages, but it’s not for everyone. Here’s what to consider if you’re curious, according to Amy Richardson of Charles Schwab. [READ MORE]( Plus: [Warren Buffett Stocks Ranked: The Berkshire Hathaway Portfolio]( [] Family Matters [] [5 Things to Teach Your Kids about Money and Happiness]( [5 Things to Teach Your Kids about Money and Happiness]( (Getty Images) To be happy and independent, kids need to know a thing or two about money. Barbara Shapiro of HMS Financial Group has five suggestions for helpful money lessons that parents should share with their children as they grow up. [READ MORE]( Plus: [The Best Way for Kids to Save Isn’t in a Boring Bank Account]( [Take Control of Your Finances with Personal Capital's Free, Powerful Financial Tools, And You Could Win a Brand New Tesla Model 3]( 1. Sign up to get access to our free dashboard and tools 2. Link all of your eligible accounts for up to 20 chances to win 3. See your chances of retirement success with our Retirement Planner [READ MORE]( ADVERTISEMENT [] Legal Briefs [] [When Newspaper Editors Fail to Edit, Harm Can Result]( Don’t believe everything you read, because there’s a lot of bad advice out there, warns attorney Dennis Beaver. Writers make mistakes. Editors don’t catch them all. And sometimes when mistakes are pointed out, nothing happens. [READ MORE]( Plus: [Are You Rich? The Answer May Surprise You]( [Vanguard Advice to Help Maximize Your Income in Retirement]( At Vanguard, we're invested in you. Which is precisely why we've created Vanguard Personal Advisor Services®, providing remote access to financial advisors, real-time goal tracking, and more confidence you'll meet your goals. [There's never been a more perfect time to get started](. 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