August, 2021 - Crash Proof Retirement
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Monthly Archives: August 31, 2021

Consumer Debt Soars in Second Quarter of 2021

If you are anything like the average American, you are on a budget, and you may have noticed that the cost of consumer goods has skyrocketed during the COVID-19 pandemic. According to the New York Federal Reserve, consumer debt has increased more in one quarter (from ...

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when to downsize your home

Is Now the Right Time to Downsize Your Home?

Many Americans choose to downsize their lives as they approach retirement by selling their house, switching to a more economical car, or selling unused antiques that were taking up closet space. This can be an excellent retirement strategy as it allows a person to dec...

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delaying social security

Delaying Social Security

Claiming Social Security prior to reaching the full retirement age of 67 years old reduces the monthly payment that beneficiaries receive, yet most individuals taking Social Security activate their income payments immediately after reaching age 62. 35% of men, and nearly 40% of women begin collectin...

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Multilevel Marketing Schemes: Always a Risky Investment

Multilevel Marketing Schemes: Always a Risky Investment

At Crash Proof Retirement, we are dedicated to helping people in or near retirement protect their nest eggs from the risk and fees of Wall Street. While this is an important part of our mission, we also feel that it is our responsibility as consumer advocates to raise awareness about common scams so...

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Is Another Housing Market Crash Right around the Corner?

Is Another Housing Market Crash Right around the Corner?

If you are shopping for a new home, or if you are trying to sell your home, you have probably noticed a dramatic price increase over the past year. According to real estate website Redfin, over half of all homes on the market today are selling above their listing price. Inflated home prices have led...

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