Finance Spectrum issued these tips because in the
Finance Spectrum’s tips’ included “Work to make more money” including ideas for retired seniors to maximize their pre-retirement skill set and utilize these unique skills to supplement their income at higher pay rates while still only working a few hours a day. Another of the tips is to analyze their existing financial products and look for ways that they can lower the hard costs. It was suggested that for existing policies and investments to ask their broker or agent if they offer cheap life insurance, discounted annual investment fees or any other cost saving measures on the retirees existing policies.
Other tips Finance Spectrum included were based on being more creative in one’s activities and spending time to plan some fulfilling moments as opposed to following your normal, more expensive life patterns. One example was taking your children or grandchildren on a walk to identify wild flowers as opposed to giving them disposable gifts.
The Federal Reserve of St. Louis’s report indicated that much of the recovered wealth of
Finance Spectrum inspired by The Federal Reserve’s report on the failure of Americans to recover their lost wealth, released a series of tips to help Americans try to get back their lost wealth.
Read the full story at http://www.prweb.com/releases/pre-recession-lost-wealth/not-recovered/prweb10788021.htm
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