Kiplinger

How to Keep More Money in Retirement: Diversification That Minimizes Taxation

Although you can't control all the challenges you might encounter as you move toward and through retirement, having a well-thought-out plan can help you be better prepared. That's especially true when it comes to two of the biggest risks to a confident and successful financial future: market volatility and taxation.

You've probably heard a lot about volatility lately, as the market reacts to the latest news about interest rates, trade wars and the possibility of an economic slowdown. If those up-and-down movements make you nervous, it may mean your diversified portfolio isn't set to a mix that fits with your risk tolerance, and it's time to talk to your financial professional about making some adjustments.

While you're at it, you should get the ball rolling

You’re reading a preview, subscribe to read more.

More from Kiplinger

Kiplinger2 min read
Fed Rate Hike Meets Expectations, But What Next? Here's What the Experts Say
The Federal Reserve served up a widely expected third consecutive jumbo rate hike when it concluded its regularly scheduled two-day meeting on Wednesday. Chair Jerome Powell and the rest of the Federal Open Market Committee (FOMC) raised the federal
Kiplinger5 min read
What You Need to Know About Life Insurance Settlements
Your life insurance monthly premium can start looking less and less appealing once you’ve retired. It’s a scenario Dan Simon, a retirement planning adviser with Daniel A. White & Associates in Middletown, Del., has seen quite often, even with his own
Kiplinger5 min readRobotics
Retirees: Your Next Companion May Be a Robot
Elliq, a foot-hight robot that looks like an oval lampshade on a small base, greets Monica Perez first thing in the morning, asks her how she feels, and reminds her about taking medications and any upcoming appointments.  “I have good-quality friends

Related Books & Audiobooks