In today’s world, we’re living longer. And that means our money needs to last longer too. Fortunately, there are plenty of ways to generate extra income if you’re nearing retirement age, or even if you’re already retired. From the traditional to the speculative, take advantage of these income generators to help fund your retirement and boost your savings.
When building a long-term portfolio, don’t put all of your eggs in one basket: Remember that bond funds, which have no maturity date, provide less of a guarantee than individual bonds.