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Ensuring Your Money Lasts Through Retirement, How to Earn Tax-Free Rental Incomes, Loosening the Reins in Philanthropy Could Mean Better Outcomes

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Thu, Dec 14, 2023 12:01 PM

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Retiring Soon? Seven Expert Tips to Ensure Your Money Lasts | Paying No Taxes on Rental Income Legal

Retiring Soon? Seven Expert Tips to Ensure Your Money Lasts | Paying No Taxes on Rental Income Legally | Credit Karma Claims Process Begins. Are You Owed Money? Created for {EMAIL} | [Web Version]( December 14, 2023 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( [SIGN UP]( ⋅ [WEBSITE]( [] Top Story [] [Retiring Soon? Seven Expert Tips to Ensure Your Money Lasts]( [Retiring Soon? Seven Expert Tips to Ensure Your Money Lasts]( (Getty Images) One of the biggest fears soon-to-be retirees have is that they won’t have enough money to get through retirement. However, with an intentional plan and the right support, you can retire comfortably and confidently at the age you choose. To help prepare, [seven financial experts from Kiplinger’s Advisor Collective discuss their top tips]( on how to combat your fears and make your money last. [] Smart Taxes [] [Paying No Taxes on Rental Income — Legally]( [Paying No Taxes on Rental Income Legally]( (Getty Images) If you own real estate, your rental income needs to be reported on your federal income tax return. But did you know [there is a legal way to earn tax-free rental income](? [Hedonova outperforming S&P 500 by +200%]( Hedonova makes investing in diverse alternatives simple. Since late 2019, it outperformed the S&P 500 by over 200%. Recognized at the 2023 Hedgeweek European Awards, this SEC-regulated fund won the best multi-strategy hedge fund award. [Start investing with $5K]( ADVERTISEMENT: [] In the News [] [Credit Karma Claims Process Begins. Are You Owed Money?]( [Credit Karma Claims Process Begins. Are You Owed Money?]( (Getty Images) Nearly half a million people who were offered a pre-approved credit card from Credit Karma but were then denied are due refunds, according to the Federal Trade Commission (FTC). Credit Karma allegedly caused these people to waste time on applying and, in some cases, caused them to end up with lowered credit scores, the FTC charges. The company agreed to a $3 million settlement with the government and began to send notices to those affected. For more information on who to call or email and how to stay updated on the process, [click here](. [] Real Estate [] [Five Great Places to Buy a Vacation Home]( [Five Great Places to Buy a Vacation Home]( (Getty Images) Finding the house of your dreams may be a challenge in this market, but we're here to help. We list [five vacation areas nationwide to suit every taste](, including seaside towns, mountain getaways and lake retreats – all with low climate risks and median prices under $400k. [7 Mistakes to Avoid When Hiring an Advisor]( Working with a financial advisor can be a crucial part of retirement planning. But choosing the wrong one can wreak havoc on your investments. Here are 7 common mistakes to avoid when hiring a financial advisor so you can work towards a more comfortable retirement. [LEARN MORE]( ADVERTISEMENT Featured Content Sponsored Content from Kiplinger Advisor Collective [Join the Kiplinger Advisor Collective Today]( Are you a seasoned financial professional with a wealth of experience waiting to be shared? Do you dream of expanding your influence within the industry and connecting with like-minded peers? The Kiplinger Advisor Collective is the ultimate platform for personal financial experts like yourself. [Find out more](. [] Personal Finance [] [What Student Athletes Need to Know About Their NIL Income]( An athlete who receives name, image and likeness (NIL) income is considered self-employed, which means they need to keep a few financial issues in mind, explains financial planner Richard Pianoforte. [Read More]( [] Charity [] [Loosening the Reins in Philanthropy Could Mean Better Outcomes]( Corporate philanthropy has trouble responding quickly to urgent needs, but that could change if they worked well with nonprofits and the communities they serve, writes attorney Shelley Sylva. [Read More]( [Retirement Savings Made Easy]( Vanguard Advisors can help you think through your retirement income and budget and balancing your expectations for growth with a disciplined approach to risk.[There's never been a more perfect time to get started]( Paid non-client promotion [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. 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 Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger Retirement Report]( and [Kiplinger 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. 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