Saving Isn’t Enough, Digital Estate Planning, Side Hustle Considerations

Pros and Cons of Deferring Taxes With a 721 Exchange | Have Long-Term Care Insurance? What You Need to Know | How to Tackle Digital Estate Planning in Four Easy Steps Created for {EMAIL} | [Web Version]( May 24, 2023 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Building Wealth]( [Youtube]( [Building Wealth]( [SIGN UP]( ⋅ [WEBSITE]( [] Real Estate [] [Pros and Cons of Deferring Taxes With a 721 Exchange]( [Pros and Cons of Deferring Taxes With a 721 Exchange]( (Getty Images) 721 exchanges, or UPREITs, can be an excellent tax mitigation strategy for real estate investors, though they're not perfect for everyone. See real estate investing expert Daniel Goodwin's [guide to 721 exchanges](. [] In Case You Missed It [] [Have Long-Term Care Insurance? What You Need to Know]( [Have Long-Term Care Insurance? What You Need to Know]( (Getty Images) [Long-term care insurance]( can be confusing at times. Financial adviser Tom West offers some insights about premium increases, when you can use your benefits and other issues. [Looking for a Flexible Way to Save? Consider a CD Ladder]( As the Federal Reserve attempts to rein in inflation by raising a key interest rate, the rates on CDs have also gone up. Here are 5 common questions about CD Ladders that can help you build your own and start earning better returns on your savings. [READ MORE]( ADVERTISEMENT [] Estate Planning [] [How to Tackle Digital Estate Planning in Four Easy Steps]( [How to Tackle Digital Estate Planning in Four Easy Steps]( (Getty Images) Your digital life includes dozens of usernames and passwords. CFP Marguerita M. Cheng explains [how to put together a digital estate plan]( that can help your family deal with your accounts with minimal fuss. [] Personal Finance [] [Thinking About a Side Hustle? Three Things to Consider]( Before committing the time and energy to a side hustle, you might want to ask yourself whether you actually have the time and energy. And, financial adviser Angie O'Leary says, don't forget about the taxes! [Read More]( [Are You Maximizing Your Portfolio?]( An advisor can help you determine if you are making the most out of your portfolio so you can make the most of your retirement. Take this short quiz to get matched with up to 3 vetted financial advisors serving your area. [GET STARTED]( ADVERTISEMENT [] Retirement Planning [] [Saving for Retirement Isn't Enough: You Need a Wealth Plan]( To ensure you have a wealth plan in place that will work for you, five key steps, courtesy of financial adviser Bradley Rosen, can help get you safely to your retirement destination and beyond. [Read More]( [Earn $200 After Spending $500]( Spend $500 and earn $200 with these cards. Unlimited cash rewards and great Intro APR deal. Start racking up huge rewards. [LEARN MORE]( ADVERTISEMENT [] Also on Kiplinger [] - How to spot a [drama addict at work]( (and what to do about it) - [Costs of hearing loss]( are both financial and personal - How to help your kids [profit from their collectibles]( - For the latest ways to earn 5% to 7% cash yield safely and reliably, plus 4 Model Portfolios to show you exactly where to put your money, [bank on Kiplinger's Investing for Income](. ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is 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]( 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 © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036