6 Moves You Could Make For Your Future Retirement

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Are you enjoying the lifestyle you want? How does your net worth compare to others around your age? Don’t even bother comparing, it’s not worth it. What’s more important is to figure out if you’re on track for retirement or living the life you want. Are you headed toward your goals?

Regardless of where you’re at, there’s no better time to start making better financial decisions and smarter investments. Here are 6 moves you could make literally right now to set you and your family up for a potentially more prosperous future!

1. Get A Top Financial Advisor To Help You Manage Your Money

Now might be one of the best times to get on top of your finances with the economy being on a wild ride.

Obviously, there are no guarantees a professional will do better than you at managing your money. But if you have a portfolio size of over $50,000 (could be a combination of cash, stock, or other assets) getting a second opinion from a pro certainly can’t hurt. Even if you don’t need help picking investments, they can help you create a plan, maximize your Social Security, protect your assets and offer you peace of mind by ensuring you’re on the right track.

These days, there are no-cost online services that make it easier than ever to find trustworthy financial advisers in your area. For example, Wiser Advisor. 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 a few minutes, and in many cases you’ll be offered a free consultation.

Nothing to lose, lots to potentially gain: Take a minute and check it out right now.

2. Help Protect Your Your Family By Leaving Them With Millions Of Dollars

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 older you are, the more expensive life insurance becomes. And because today is the youngest you’ll ever be, there’s no better time than today to get a life insurance policy.

Plus, with Ladder, you can actually lock in your rate. As you age and your health declines, you’ll get to keep paying that same low premium.

Ladder offer’s term life insurance policies starting from as little as $4.95 a month, and you can complete the company’s application in 5 minutes. Ladder is 100% digital for coverage up to $3 million which means no medical exams or filling out paperwork! You’ll simply have to answer a few health questions as part of the online application.

Click here to get your free quote from Ladder right now and help ensure your family’s financial future is secure.

$4.95/month pricing is based on 20-year-old female, preferred plus rating with a 10 year term and $100,000 in coverage.

Ladder Insurance Services, LLC (CA license # OK22568; AR license #3000140372) distributes term life insurance products issued by multiple insurers – for further details see ladderlife.com. All insurance products are governed by the terms set forth in the applicable insurance policy. Each insurer has financial responsibility for its own products.

3. Your Homeowners or Renters & Auto Insurance Bills Are Probably Too High, Here’s How You Might Reduce It In Minutes

When was the last time you checked your homeowners or renters and auto insurance rate? Don’t you hate being ripped off! Insurance companies love when you’re lazy. You could be saving money! For many people, there are cheaper rates floating around but they just don’t know where to look. You may be able to save up to $947 a year with the company below.

With Liberty Mutual, you could customize your car and home insurance to save $947 a year. It takes just a couple of minutes to check your rate.

You could only save further with an online purchase discount and get rewarded for things like good driving behavior. There’s also a possible paperless policy discount and a pay-in-full discount.

Whether you’re looking for a better rate on home or auto insurance (or both), get a quote right now.

4. Invest In Venture Capital On This Platform

Some 75% of high-net-worth investors between the ages of 21 and 42, compared to 32% of investors over 43-years-old, don’t expect “above-average returns” solely from traditional stocks and bonds, according to a Bank of America Private Bank study released on October 11. The firm polled 1,052 high-net-worth investors with at least $3 million in investable assets from May to June 2022.

What’s more, 80% of those young investors are turning to so-called alternative investments, which fall outside of traditional asset classes, the study found. Younger investors are allocating three times more to alternative assets and half as much to stocks than other generations.

So what are alternative investments? Alternative investments are assets like real estate, venture capital, private credit, crypto, and even art.

The Yieldstreet platform, the leading platform for  alternative private market investing, makes it easy for anyone to sign up and get started investing in different alternative assets.

They are called alternative investments because they aren’t public equity or bonds.

These alternative investments have the potential to offer higher returns. With Yieldstreet you can start investing in these assets with minimums ranging from just $500 to $2,500.

Create a free account and when you’re ready you can start investing. Yieldstreet has paid out $1.8 billion and has over 350,000 registered users.

5. Roll Over Your Old 401(k) Funds to an IRA for Free

If you have money in a 401(k) account, whether it’s with your current employer or a former one, it might be a smart move to roll over those funds to an individual retirement account (IRA).

After all, you don’t choose your 401(k) provider—your employer does. Rolling your funds over to an IRA could give you more control, greater flexibility, and more diversified investment options. Not to mention, an IRA allows you to defer paying taxes until you withdraw the money.

Many people wait until they either switch jobs or retire to rollover their 401(k) savings to an IRA. Others don’t roll them over at all or have difficulty finding their funds.

Well, with Capitalize, 401(k) rollovers are not only easy but also free. This company allows you to choose from several top IRA providers—including Betterment, SoFi, Vanguard, Fidelity, E-Trade, and others.

Here’s how their process works in three simple steps:

  • Locate your 401(k). If you don’t know where it is, plug in the name of your employer and Capitalize will find it for you.
  • Choose an IRA provider for your funds. Capitalize will even help you compare options so that you choose the best one for you.
  • Capitalize will then handle all administrative work and communicate with your 401(k) provider on your behalf.

That’s it! Ready to roll over your previous 401(k) funds into a new IRA? Get started with Capitalize today and see how easy it can be!