Four Simple Ways You Can Boost Your Nest Egg
Most investors know (or should know) the tried-and-true methods to help nest eggs grow.
Shift money automatically from your paycheck to a savings plan; take advantage of your employer's matching contributions to 401(k) plans; eliminate (virtually) all consumer debt; track and trim household expenses; reduce investment fees; and, of course, save more than you're saving now.
But with the economy and markets still struggling, investors are seeking, and financial advisers are recommending, additional steps to shore up retirement savings.
Ideally, at least one or two of the following will help you do so:
1. Dividends
In 2009, more companies cut their dividend payouts -- and fewer companies increased them -- than in any year since 1955.
Now, though, the tide is turning. Tom Huber, manager of T. Rowe Price Dividend Growth Fund, says many companies, after recent spending cuts, are flush with cash. And, as such, dividends are likely to be restored or increased.
www.intouchproperties.net your property management team.