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Where Can I Get Some Extra Retirement Income?

In Uncategorized by lisabiz

If you have already retired and are living on a fixed income, you may be wishing you had a little extra cash coming in. Here are a few ideas on how you might be able to access some extra money for those unexpected expenses or even just for fun.   First, let’s talk about some of the passive ways you …

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5 Ways You Can Use Your Life Insurance Now

In Insurance by lisabiz

September is National Life Insurance Awareness Month, which makes it a good time to look at the different ways that life insurance can fit into your financial plan. The traditional thought on life insurance is that it pays your beneficiaries a lump sum when you die. But, there are some ways you can use your life insurance while you’re still …

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Is a Roth Conversion Right for You?

In Retirement by lisabiz

Traditional qualified retirement plans allow you to contribute some of your income without paying income taxes on the contribution . . . until you withdraw it during retirement. A Roth IRA works in the opposite way. You pay income taxes on the amount you contribute, but then do NOT have to pay income taxes when you withdraw the money. This …

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7 Steps for Gaining Your Financial Independence After Divorce

In Divorce by lisabiz

Divorce can seem like a roller coaster ride of legal, financial and emotional complexity. Having a checklist of things you need to do can help keep you on track. Here are some steps you can take to ensure that the most important things get done. Adjust Accounts – As soon as you are legally able to, change your checking, savings, …

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7 Key Pieces to your Retirement Puzzle

In Retirement by lisabiz

Everyone wants a financially secure retirement, but how do you know you’ve covered all of your bases? You don’t want to run out of money before you run out of time and you certainly don’t want to become a burden on your family in what are supposed to be your golden years. So, how do you know when your financial …