Baby Boomer and Retirement Weekly Reader – Catching Up
I write a weekly post for the On Retirement blog published by U.S. News and World Report. Lately, I have been negligent in informing readers here about those posts, some of which you might find interesting or helpful. So consider this a catch-up, round-up of those posts.
In Three Reasons to Pay Off Your Mortgage Before Retirement, I emphasize the tax flexibility that owning a mortgage-free home can provide. Having this tax flexibility is so helpful to retirees who need to maximize the spending power of their retirement income.
I am a big believer in tracking net worth. I expand this concept to other financial measures in Three Ways to Track Yearly Progress Toward Retirement. Remember, if you don’t measure it, you can’t manage it.
If the general concepts of “save more, spend less” are not getting it done for your retirement plan, consider one of these Four Radical Strategies to Retire Sooner.
Switching to some other reading, the IRS has published 1o tips for tax time, courtesy of the AARP.
Emily Brandon at U.S. News put together an excellent summary of retirement benefit changes coming in 2011.
Courtesy of the Retirement Revised blog, Reuters reports that defaults on reverse mortgages are increasing. This is not good.
I hope you enjoy at least some of these.
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