If you are looking for some extra retirement income, you’re probably intrigued by the idea of a reverse mortgage annuity. It’s a way for you to tap into the equity of your home. You’ll receive that money for as long as you’re able to live in your home, and you won’t have to repay the […]
Retirement Planning
This category is the heart and soul of Wealth Pilgrim. Here you’ll find a host of information created to help you reach your retirement goals and enjoy the journey. These are nuts-and-bolts articles to help you understand where you are now, identify where you want to be and when you want to get there, and design a roadmap to help you do so.
How To Invest In 401k Funds Now
When the market does the herky-jerky, you might be wondering how to invest in 401k funds now. This is a question I get asked daily. Believe it or not, there is no one answer that works for everyone. I realize that your goal is to avoid investment losses but before you ask how to invest, […]
9 Top Jobs in Retirement
There are plenty of employers who want to offer you a job in retirement. You might want to work to make some extra money to balance your budget or to solve your debt problems. On the other hand, you might not need the money but just want to get back into the workforce again because […]
Bear Market Withdrawal Strategies for Retirees
If your are retired and taking withdrawals from your investments, you’re likely very concerned when the market isn’t doing well. That’s when bear market withdrawal strategies become important. Even if you are not taking distributions out of your account, it’s important to know what to do when that bear market hits. The amount of money […]
Financial Abuse – How to Spot It and Stop It
How do you spot and stop financial abuse? The sad reality is that someone you care about might be abused financially right under your nose. According to an Investor Protection Trust survey done in June 2010, 7.3 million older Americans – about one in five people over 65 years of age – have been swindled. […]
Is Privatizing Social Security a Good Idea?
What does privatizing S0cial Security mean? There’s lots of talk about a looming government shut-down. What’s at issue of course is the budget. Some people argue for increasing taxes and others talk about reducing expenditures. Part of that discussion includes talk about changing Social Security. As a way to reduce government spending, some people argue […]