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Rebecca Lake

Home Buying, Retirement and Investing Expert

Rebecca Lake is a retirement, investing and estate planning expert who has been writing about personal finance for a decade. Her expertise in the finance niche also extends to home buying, credit cards, banking and small business. She's worked directly with several major financial and insurance brands, including Citibank, Discover and AIG and her writing has appeared online at U.S. News and World Report, CreditCards.com and Investopedia. Rebecca is a graduate of the University of South Carolina and she also attended Charleston Southern University as a graduate student. Originally from central Virginia, she now lives on the North Carolina coast along with her two children.

Posts by Rebecca Lake:

by Rebecca Lake Dec 02, 2021

Medicare is designed to help eligible individuals pay for healthcare. One of the most important decisions to make when enrolling for the first time or making changes to your coverage during open enrollment is whether to opt for Medicare Advantage or traditional Medicare. Your choice can determine which doctors and hospitals you can visit and what you’ll pay for coverage. Understanding the differences between Medicare Advantage vs. Medicare can make it easier to choose the one that’s right for you. Making decisions about healthcare during retirement is best done in consultation with a financial advisor. Read more

by Rebecca Lake Nov 19, 2021

Investing in tax liens and tax deeds can be profitable for investors who are interested in diversifying with real estate. Both represent a form of debt that’s tied to unpaid property taxes. Though the two are often grouped together, there are some differences in how each type of investment works – and what benefits they convey to investors. Whether it makes sense to invest in a tax lien vs. tax deed or choose both can depend on your investment objectives and risk tolerance. Before venturing in, it’s important to understand how the two compare to one another. Read more

by Rebecca Lake Nov 17, 2021

Trusts can provide certain benefits for estate planning, including asset protection. But can you sue a trust? It’s an important question to ask if you have a trust or plan to create one, are named as the beneficiary to a trust or are owed debts by someone who’s established a trust. While a trust itself generally cannot be sued, the trustee can. Understanding when a lawsuit can be brought in connection with a trust is important for estate planning. Of course, getting estate planning help before you decide on a trust can preempt litigation later on; that’s where a financial advisor can be immensely helpful. Read more

by Rebecca Lake Nov 17, 2021

Inheriting a 401(k) can add a wrinkle to your financial plan from a tax perspective. Under 401(k) inheritance tax rules, any assets passed on from one person to another are taxable. The rules for… Read more

by Rebecca Lake Nov 16, 2021

Life insurance can be part of a well-rounded financial plan. But is life insurance an asset? The answer can depend on which type of policy you have. Term life insurance and permanent life insurance… Read more

by Rebecca Lake Nov 15, 2021

A married put is an options trading strategy in which investors hold both a put contract for a stock and shares of the stock itself. By marrying the two together, the investor builds in some downside… Read more

by Rebecca Lake Nov 15, 2021

Customer relationship management (CRM) software can be vital to running and scaling your advisory business. The right CRM can make it easier to organize and store data for existing clients while… Read more

by Rebecca Lake Nov 15, 2021

Having a website for your advisory business matters for remaining visible in a competitive landscape. The best financial advisor websites are the ones that are designed to convert and turn casual… Read more

by Rebecca Lake Nov 15, 2021

Want to grow wealth but don’t want to have to spend hours poring over your investment portfolio or investment decisions? If so, a lazy portfolio may be right for you. Lazy portfolios are designed to… Read more

by Rebecca Lake Nov 11, 2021

Employer healthcare insurance can be a valuable addition to your employee benefits package. In an effort to reduce costs, more companies are choosing self-insurance plans to meet the healthcare… Read more

by Rebecca Lake Nov 11, 2021

Staying attuned to client needs and delivering solutions to help them reach their goals is one of the hallmarks of a good financial advisor. These are skills you may have acquired during your initial… Read more

by Rebecca Lake Nov 10, 2021

Tax-lien investing allows you to gain exposure to real estate in your portfolio without having to own or maintain a physical property. When you invest in tax liens, you’re making an investment in a… Read more

by Rebecca Lake Nov 10, 2021

Variable universal life insurance is permanent life insurance that offers coverage for as long as you live while your premiums are paid. Once you pass away, your beneficiaries can collect a death… Read more

by Rebecca Lake Nov 10, 2021

Finding success as a financial advisor matters for growing your business to a sustainable level. But that may mean encountering various obstacles and challenges along the way. This is not unusual in… Read more

by Rebecca Lake Nov 12, 2021

A structured settlement is designed to compensate individuals following the outcome of a civil lawsuit. For example, if you were involved in a car accident and were seriously injured, you may choose… Read more

by Rebecca Lake Nov 12, 2021

One of the most useful estate planning tools is a trust, which can be used to create a legacy of wealth and protecting assets. One question to consider when creating one is whether a grantor or non… Read more

by Rebecca Lake Nov 12, 2021

Pure play stocks represent publicly traded companies that focus on a single line of business. While other companies may diversify their business operations, pure play companies focus on selling a… Read more

by Rebecca Lake Nov 04, 2021

There are several types of retirement just as there are various times to retire. Choosing the right time to retire can be challenging, as it often means balancing your desire to leave work behind… Read more

by Rebecca Lake Nov 04, 2021

Growth investing is a strategy that centers on choosing stocks and similar investments that have significant growth potential. A portfolio that’s growth-focused may include stocks, mutual funds,… Read more

by Rebecca Lake Nov 04, 2021

When you need to borrow money to consolidate debt, pay for home renovations or pay for other expenses, 401(k) loans and personal loans are two options you may consider. A 401(k) loan allows you to… Read more

by Rebecca Lake Nov 03, 2021

When planning for retirement, it’s important to consider what income streams you’ll have to cover living expenses. For many people, Social Security is a key part of the income puzzle though it may be… Read more

by Rebecca Lake Oct 26, 2021

Life insurance can be a valuable addition to your financial plan. If you have a family, for instance, purchasing a policy can provide financial peace of mind in case something happens to you. Your… Read more

by Rebecca Lake Oct 26, 2021

Your debt-to-income ratio or DTI represents the amount of your income that goes to debt repayment each month. So why does that matter? For one thing, debt to income can be an important factor in… Read more

by Rebecca Lake Oct 26, 2021

If you want to uncomplicate investing, a three-fund portfolio approach can be a simple way to growth wealth over time. This strategy involves choosing three mutual funds or exchange-traded funds … Read more

by Rebecca Lake Oct 26, 2021

Municipal bonds can be an attractive investment if you’re looking for bonds that generate consistent income with low credit risk. Tax-free municipal bonds may be even better since they’re tax-exempt… Read more