6 Powerful Wealth Moves 50 Year Olds Could Make Today
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Making smarter decisions today can really payoff big. No more time to waste. You likely know this, and that’s why you’re reading this. So let’s jump right in.
If you’re in your 50s, there’s no better time than today. Whether it’s retirement or your financial future next week, here are 6 top moves.
We always think we know best, but sometimes there are options right in front of us that could help us more than we’ve imagined.
1. Find Out How Much Your Home Could Sell For In 3 Minutes Now (no real estate agent needed)
You might want to upgrade or downgrade your current home. Maybe you want to move. Or maybe you’re just curious to know what you can currently get for your home? Whatever the reason, did you know there’s a way you could receive a no obligation cash offer within 24 hours without any broker/agent, or any showings? And it might be a really great offer (there are no real estate agent fees).
There is no obligation to sell and it’s completely free to check what your offer is: Offerpad could give you a competitive cash offer right now. Plus, they’ll show you other potential selling options that could be beneficial you may not have thought of.
All you need to do is enter your address and answer a 3-minute questionnaire. Just answer some questions about your home and Offerpad will carefully evaluate your home with local market expertise.
If you choose to accept your offer, Offerpad will also provide you with free local moving to your next place. You can also pick your closing day, which could be in as little as 24 hours, or choose to extend your stay to live in your current home longer.
Find out what your home’s cash offer is right now.
2. Get A Top Financial Advisor To Help You Reach Your Retirement Goals (This Is Not Just For Wealthy People)
There is no better time to plan for your financial future than now, and you don’t have to do it alone.
Getting a second opinion from a pro can’t hurt. A professional money manager/advisor could do wonders for your financial and retirement future. A financial advisor could help you create long-term strategies for building wealth and managing risk. They can help you create a plan, navigate investment options, maximize your Social Security, help with tax planning, protect your assets and offer you peace of mind by ensuring you’re on the right track.
There are no-cost online services that make it easier than ever to find trustworthy financial advisers in your area. For example, WiserAdvisor. You fill out a short questionnaire and are instantly matched with up to three local fiduciary financial advisers, all legally bound to work in your best interests.
The process only takes about less than 2 minutes, and you’ll most likely be offered a free consultation. WiserAdvisor is an independent matching service that helps individuals find the best financial advisor for their unique needs. They have successfully helped over 100,000+ individuals like you find their ideal financial advisor since 1998.
The best advisors will work with you, as a partner, to make a game plan that puts you on track to achieve your financial goals and retirement dreams.
This has the potential to be hugely beneficial: Take a minute to fill out the short questionnaire now.
3. Got $5,000 or More To Invest? Think About Potential Investments Outside of Stocks And Real Estate, There’s Another Asset that Has Outperformed
When you think about investing you probably think about stocks and real estate. You might think that investing in fine art by the likes of Banksy and Andy Warhol is only an option for the ultra-rich. But not anymore.
Masterworks is an investment platform designed specifically for investing in contemporary artwork.
Why? Because, like a fine wine, a piece of fine art can get better — and more valuable — with time.
Between 1995 and 2020, contemporary art has outperformed the S&P 500 by 174% — that’s nearly three times the returns — according to the Citi Global Art Market chart.
Looking to invest $5,000 or more? You can now get priority access to their new offerings and book your free no-obligation intro call with a Masterworks specialist, skip the waitlist and sign up with Masterworks today. Once you request your invite, make sure to browse all the artwork on the site.
Masterworks is one of the first art investment platforms, and it’s available by invite only. It lets you bypass the hard parts of art collecting, so you can just enjoy the potential rewards.
Here’s how it works:
- The Masterworks research team watches the art markets to discover which types of works are going up in value.
- Then it sends out an acquisition team to snatch up a piece and offers shares to member investors.
- You select shares to buy (with no minimum investment), and Masterworks uses its proprietary data to help you tailor your portfolio based on your financial goals.
- You can earn money by selling your shares to other Masterworks users, or hold onto them and earn your share of the proceeds when Masterworks sells the piece.
Set up your intro call with Masterworks and browse all their artwork investments.
4. Get Top Life Insurance To Protect your Family
We hate to think about it, but who would make the mortgage or rent payments if something were to happen to you? One of the smartest moves you can make is to help protect your family’s financial future. Many people underestimate how much money is needed to provide for their families after they die. This is why life insurance is very important.
The reality is the longer you wait to get life insurance, the more expensive it becomes. That’s because prices go up as you age. It’s best to lock in a low rate as soon as possible before it gets too expensive. And because today is the youngest you’ll ever be, there’s no better time than today. It’s also best to get higher coverage than you think you need, because people underestimate how much cash they actually need.
Life insurance is made fast, easy, and affordable with Fabric by Gerber Life, a company that lets you apply online in 10 minutes without leaving your couch. Most applicants do not require a medical exam if you are looking for coverage under $1,500,000. If it is required, it would be at no cost to you and entails a trained professional working around your schedule to meet you conveniently at home or work. Get personalized term life insurance offers based on your family’s needs. Coverage ranges from $100,000 – $1,500,000.
You’ll simply answer a few health questions as part of the online application. Fabric by Gerber Life can give parents coverage that is affordable, plus wills, access to college savings funds, and more tools to help protect your family’s financial future—all in an easy online experience. It’s the digital convenience of Fabric, now partnered with a brand trusted by millions of families like yours for more than 50 years.
Policies go higher or lower depending on factors like age, health and coverage amount, you can complete the company’s application in under 10 minutes. You’ll simply have to answer a few health questions as part of the online application.
Start your application. You could be covered in less than 10 minutes, and help ensure your family’s financial future is secure.
5. Get Your Vehicle Covered By The Ultimate In Vehicle Service Protection Before It’s Too Late (It Could Save You $1,000s In Repair Costs)
Nobody likes it when their check engine light comes on, especially when your car is out of warranty. That can mean expensive repairs.
There’s a company called CarShield that could help you avoid expensive repairs. They have covered over 2 million cars, and have paid over $1 billion in administrator claims. They’ve been serving customers for over a decade and have a 4.3 out of 5 star rating on Google.
CarShield offers vehicle protection plans that cover things like your engine, transmission, drive axle, brake system, air conditioner, water pump, alternator, fuel pump, power windows, radiator, suspension, electrical, and much more.
You provide some basic information about your vehicle to CarShield and they will help you find the best plan options for your vehicle and budget. Choose your coverage level, and protection plan. You’ll be surprised at how affordable and flexible these service plans are. They offer a coverage plan that fits every budget.