If I Have Full Coverage Auto Insurance Will It Pay for Damage to Rental Car
Use Coupons for Car Rental Discounts But Read the Fine Print Carefully and Exceptions
Full coverage auto insurance is most commonly defined as an insurance policy that exceeds the state minimum requirements and includes comprehensive, collision, property damage and medical overages.
Car Rental insurance is usually a daily charge and can drive the cost of your car rental way up. Most people turn it down and assume they are covered by their personal auto policy and additionally by credit cards but few take the time to call and verify the coverage.
Categories: Finance, Insurance Tags: rental car coupons, should you buy rental car insurance
Umbrella Insurance Policy Can Reduce Your Cost of Insurance
Personal Umbrella Insurance Rates
One way you can lower the total cost of all your insurance policies is to take out an umbrella policy. Many people are not even aware umbrella policies exist or if they do know about them, think they are only for wealthy people.
Umbrella insurance policies provide additional liability insurance for claims exceeding your existing automobile or homeowner’s insurance policies, are most commonly bought by wealthy individuals with substantial assets to protect but they can be used by the frugal to get more insurance for less money.
Categories: Cheap Insurance, Finance Tags: insurance umbrella, insurance umbrella policy, personal umbrella insurance, personal umbrella insurance rates, state farm insurance umbrella, umbrella insurance, umbrella insurance eligibility, umbrella insurance policies, umbrella insurance policy, what is umbrella insurance, what is umbrella insurance for homeowners
Extreme Early Retirement – Difference in Planning for Early Retirement vs. Retiring at 65
Traditional IRA and Roth IRA
Planning for an early retirement is different than planning for retirement at 65. Obviously the money will have to last much longer but what are the other important financial issues for early retirees?
Investment strategy – Your investments need to be more conservative than what is typical for your age group. While aggressive investing might make more money in the long run, you can’t afford those short term dips. Aggressive investors planning on retiring at 65 can wait a few years for the market to come back but if you want to retire in a few years you need your money accumulating a steady rate with little risk of losing a large percentage of your capital. Early retiree bloggers recommend going with conservative dividend-paying stocks using lower risk asset allocation strategies like the “permanent portfolio.”
Categories: Cheap Insurance, Finance, Retirement, Saving Money Tags: early retirement, retire at 30, retire at 30 vs. retire at 65
Extreme Early Retirement – Easiest Way to Build up Savings
Early Retirement Blogs
One of major challenges for early retirees is figuring out how to get enough money saved to meet their living expenses before they become eligible for retirement plan distributions and Social Security checks.
The government says you have to be at least 62 to begin collecting Social Security. In most cases you can’t take money out of your 401(k) and other retirement accounts until age 59½ without incurring a penalty.
There are a few exceptions. The Internal Revenue Service will waive the 10 percent penalty for early 401(k) withdrawals if you “separated from service,” or leave your job during or after the calendar year in which you turn 55.
