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September 29, 2017

You know it’s important to diversify your investment portfolio and tweak your asset mix as you get closer to retirement. But you might not appreciate that where you save can be just as important as what you save. Planners recommend having a mix of taxable and tax-free assets to increase financial flexibility in retirement. Consider opening a Roth account, whose contributions are taxed on the way in -- not on the way out like a traditional 401(k) or IRA.

Best wishes,

Elizabeth

P.S. If you like this weekly update, please pass it on to a friend! And if you got it from a friend, sign up here for email delivery each Friday to make sure you don’t miss the next issue.

THIS WEEK'S RETIREMENT NEWS, INSIGHTS AND ADVICE

Find Out If You're Making More or Less Money Than People Your Age

Are your savings going to be on track by the time you retire? MONEY

How to Make the Most Money Selling Your Home

This should be a seller's market -- but it's not so simple, particularly if you're looking to cash out some equity. MONEY

All the Places to Get Free Coffee TODAY for National Coffee Day

Need a pick-me-up today? Check out our list of deals. MONEY

Should You Pay to Get Guaranteed Income for Life?

While most consumers love the idea of guaranteed retirement income, few actually buy an annuity that would supply it. Here’s how to decide if an annuity is for you. MONEY

Worried about U.S. Stocks? Put Your Money Here Instead

As the bull market continues to age, U.S. investors have pulled their money out of domestic stocks and put it to work overseas. MONEY

America’s Best Cities for Fall Travel

Spectacular foliage is just the beginning. Check out these cities for the best that fall has to offer. TRAVEL + LEISURE

Senate Passes Bipartisan Medicare Reform Bill

Not all federal health care initiatives are proving controversial: This week the Senate unanimously passed a bill to improve Medicare. THE HILL

6 States That Are Most Likely to Tax Your Social Security Income

The federal government taxes a portion of Social Security benefits above certain income levels, and six states also take a cut of most benefits. USA TODAY

Can I Get More Affordable Long-Term Care Insurance?

Veteran journalist Philip Moeller answers readers’ questions about long-term care insurance and Medicare. PBS NEWSHOUR

Learn to Code in Your 60s, 70s or 80s

Older adults are learning how to code, and not just as a retirement hobby: Some are landing good jobs. THE NEW YORK TIMES

ABOUT ELIZABETH

Elizabeth O'Brien is a senior writer at MONEY, covering retirement and health care. You can email her at elizabeth.o'brien@moneymail.com and follow her on Twitter at @elizobrien.

 
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