May 10, 2015

10 Tricks to raise your retirement living standard

By Boston University economist Larry Kotlikoff
1. Work longer, retire later.
2. Move to a low tax state
3. “Downsize” the housee.
4. Increase to 401(k) contributions
5. Contributes to an IRA.
6-8. Make strategic choices when claiming Social Security retirement benefits.
9. Contributes to a Roth, not a 401(k).
10. Annuitize half of your retirement assets.

1 comment:

  1. I would always encourage my friends to contribute more to their 401K. It has been great so far since I have retired and it has really paid off. I don't have to worry much about my finances because I have all I need and then some.


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