6 Things 50 Year Olds Could Do With Extra Cash In The Bank
Money is a tool that when used properly can help us better our future.
These 6 top things on the list below could be beneficial in helping to save, invest, grow our money:
1. Help Protect Your Family By Leaving Them With Up To $2,000,000 (This Is Super Simple To Do Online Now)
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.
Life insurance is made fast, easy, and affordable with Ethos, a company that lets you apply online in minutes without leaving your couch (no medical exams, no blood tests) and get personalized term life insurance offers based on your family’s needs. Coverage ranges from $100,000 – $2,000,000.
You’ll simply answer a few health questions as part of the online application. Ethos has helped protect over 100,000 families and has provided over $34 billion in coverage.
Coverage is affordable through Ethos, term life insurance policies go higher or lower depending on factors like age, health and coverage amount, you can complete the company’s application in 5 minutes right now.
Get your free quote from Ethos today and help ensure your family’s financial future is secure.
2. Get A Top Financial Advisor To Help You Reach Your Money Goals (This Is Not Just For Wealthy People)
There is no better time to plan for your financial future than today.
And a professional money manager/advisor could do wonders for your financial and retirement future. Getting a second opinion from a pro certainly can’t hurt. A financial advisor could help you create long-term strategies for building wealth and managing risk.
If you have a portfolio size of over $50,000 (it could be a combination of cash, stocks, bonds or other assets), there are no-cost online services that make it easier than ever to find trustworthy financial advisers in your area. For example, WiserAdvisor. 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 about a minute, and you’ll be offered a free consultation. WiserAdvisor is an independent matching service that helps individuals find the best financial advisor for their unique needs. They have successfully helped over 100,000+ individuals like you find their ideal financial advisor since 1998.
The best advisors will work with you, as a partner, to make a game plan that puts you on track to achieve your financial goals and retirement dreams.
This has the potential to be hugely beneficial: Take a minute to fill out the short questionnaire now.
3. Diversify Your Retirement Investments with Gold & Real Estate No Matter The Income Level
Not planning for the future could literally be asking to fail. And nowadays there’s no excuse not to plan ahead with the internet making it easier than ever.
Gold and real estate are some of the best ways to diversify a portfolio, but so many people are missing out because traditional retirements accounts only let someone invest in stocks and bond. Also people make the mistake of thinking they need huge sums of money to invest in these assets. With a self directed Equity Trust IRA (IRA stands for Individual retirement account) anyone can now set up a retirement account that allows them to invest in gold, real estate, and more.
Equity Trust has been in business for more than 45 years, and has over $39 billion in retirement assets under custody and administration. They have over 400 client-focused associates that are there to provide dedicated, personalized service whenever someone needs it.
Simply start by requesting your free self-directed IRA success kit from Equity Trust, it contains useful information. Then (or whenever you’re ready), set up a free no obligation phone call with one of the Equity Trust associates that can help you set up your Equity Trust IRA account if you choose to do so.
4. Think About Potential Investments Outside of Stocks And Real Estate, There’s Another Asset that Has Outperformed
When you think about investing you probably think about stocks and real estate. You might think that investing in fine art by the likes of Banksy and Andy Warhol is only an option for the ultra-rich. But not anymore.
Masterworks is an investment platform designed specifically for investing in contemporary artwork.
Why? Because, like a fine wine, a piece of fine art can get better — and more valuable — with time.
Investors were able to collect a 15.4% net return after just 36 days, a triple-digit (325%) return on an annualized basis. And while it’s not common for Masterworks to exit so fast, investors have recently secured 14%, 27%, and even 35% annualized returns from other offerings. Get priority access to their new offerings, skip the waitlist and sign up with Masterworks today.
Masterworks is one of the first art investment platforms, and it’s available by invite only. It lets you bypass the hard parts of art collecting, so you can just enjoy the potential rewards.
Here’s how it works:
- The Masterworks research team watches the art markets to discover which types of works are going up in value.
- Then it sends out an acquisition team to snatch up a piece and offers shares to member investors.
- You select shares to buy (with no minimum investment), and Masterworks uses its proprietary data to help you tailor your portfolio based on your financial goals.
- You can earn money by selling your shares to other Masterworks users, or hold onto them and earn your share of the proceeds when Masterworks sells the piece.
5. Try This Instead Of Using High Interest Credit Cards
If you want cash to do something like pay off debt, make a home improvement or make any other kind of purchase, you could use your home to take out a lower interest home equity loan instead of using a high interest credit card or other higher interest loan. You could use the cash for virtually anything you want and potentially save lots of money in interest payments.
Check your rates now right here with LendingTree in under 2 minutes by answering a few questions and find out how much cash you might be able to get.
A home equity loan allows you to borrow money using the equity in your home as collateral. Because you’re using your home as collateral you usually can get much better interest rates than other loans or using a credit card. You receive the money from a home equity loan as a lump sum, and you pay back the loan in monthly payments.
LendingTree is an online marketplace that could help you get a large sum of cash against the equity in your home quickly. It has been finding top loan options for Americans for more than 20 years.
6. Save Money On Repairs To Your House
If you own a house, you know it requires lots of maintenance. One of the biggest pains is cleaning and making sure your gutters aren’t clogged.
From roof to foundation, the damage caused by clogged gutters can be devastating for your home. But not anymore with LeafFilter, it’s a filter that is secured and installed on your gutters that is scientifically engineered to perform throughout all seasons, allowing only water to filter through and be moved AWAY from your home’s foundation. You’re also protected and backed by a lifetime warranty.
The LeafFilter crew will install it in 6 hours for you in 3 steps:
Step 1: Prep & Clean: First, their professional installers will prepare and thoroughly clean every inch of your existing gutter system to ensure LeafFilter works properly and lasts a lifetime.
Step 2: Repair: Next, they check for any areas of concern to identify parts of your gutter system that may need extra attention, as they would never install on a faulty gutter system.
Step 3: Install: They secure LeafFilter to your existing gutters to protect your system from damaging debris. After installation, they’ll clean up and discard all debris, screws, and other materials from your property.
Gutter cleaning is a tedious, messy, and a potentially dangerous task that you have to complete year after year. With LeafFilter Gutter Protection, you can end the hassle of cleaning out gutters for good.
LeafFilter’s award-winning and patented technology is scientifically designed to keep everything out of your gutters — except for water.
With hundreds of thousands of satisfied customers, LeafFilter is the largest gutter protection company in the nation. From coast to coast, they provide the most effective debris-blocking professionally installed gutter protection system on the market, paired with an exceptional customer experience from beginning to end.
LeafFilter has an excellent rating on Trustpilot with over 75,000 reviews.
Get a free quote now, and claim a 20% off offer.