6 Brilliant Ways to Build Wealth After 40

Last updated Aug. 1, 2022 | By FinanceBuzz Editors
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Your 40s (and beyond) is a great time to get serious about building your wealth. There's a good chance your career is taking off and you're earning more money than you ever have before. With upcoming expenses like college and retirement looming, investing smartly and saving money are more important than ever.

Now is the time to make sure you're putting that money to work for you. 

Prepare for market volatility by diversifying with gold

Stock market volatility can be financially damaging, especially as you near retirement. You could move your investments into a savings account, but have you seen interest rates lately? Another option to consider — diversify with gold.

Gold values are inversely correlated with the stock market and the dollar. When one goes down, the other usually goes up. If you want to protect your retirement funds, having diversified investments may be able to help you weather market swings.

Gold Alliance is a reputable precious metals dealer that specializes in precious metals IRAs. They make it simple to transfer funds from your current retirement account (like a 401(k) or IRA) into a precious metal IRA — with no taxes or penalties.

Gold Alliance offers a free gold information kit to help you learn more about why gold and silver could be a smart choice for diversifying your portfolio, and how the process works. 

Get your free guide now

Cancel your car insurance

We've got bad news. You could be wasting $500 every year on overpriced, second-rate car insurance. And you should probably cancel your existing insurance right now, because there's something much better.

This new tool from FinanceBuzz can tell you if you're overpaying for your car insurance in just a few clicks. On average, we find around $500 a year in savings for drivers. And once you try it out, you'll never have to look for affordable insurance again because we find you the lowest rates that other companies can't match.

Oh, and it's also free. And come on — you can't tell us you don't want to save up to $500. To find out if you're losing up to $500 or more a year, just enter your zip code here, answer a few questions and see if you're overpaying. It takes less than 2 minutes.

See if you're overpaying

Pay no interest until January 2024

Imagine getting 18 billing cycles with 0% interest on a balance transfer or a big purchase.  You could dramatically change your financial picture with this industry-leading low-interest card - the BankAmericard®️ credit card.

If you want to kick high-interest credit card debt to the curb, this is one of the best get-out-of-debt cards available. Transfer your high interest debt to this card with a 0% intro APR for 18 billing cycles for any qualifying balance transfers made in the first 60 days on balance transfers. Your payments can go directly to paying down your balance without incurring a pile of additional charges. That could save you hundreds of dollars in interest!

It doesn't just stop with balance transfers though. Cardholders also get a generous intro APR of 0% for 18 billing cycles on purchases. After the intro period for purchases and balance transfers, the APR is 15.24% - 25.24% variable.

The best part? There's no annual fee.

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Invest with the platform that’s returned $164 million+ in passive income

Passive income. Is it even realistic? Or is it just reserved for the 1% who can already afford the investments that make it possible? Here’s the truth. While it might *feel* elusive, building passive income is achievable. And diversifying your portfolio with alternative assets could help you get there.

These assets — think art or real estate — typically have low correlation with swings in the stock market. This makes them potentially attractive investments for diversification. Hedge funds and the ultra-wealthy know this and have dominated these assets for years. Until now.

Yieldstreet is a platform that gives you access to these alternative assets for as little as $500. Their products span a range of investments with varying yields, durations, and minimums to help you diversify, and they even have a passive income simulator that shows you potential returns over time. To date, Yieldstreet investors have earned $164 million+ in interest.

Access the investments 

Get out of $10,000 or more in debt

If you have a lot of debt, getting out of it can feel stressful (and nearly impossible). Here’s the problem: the longer you put off tackling it, the harder it gets to fix. If you don’t take control of it early on, it can add undue stress to your life for years. But what if there was a way to get out of debt once and for all?

National Debt Relief could help. If you have more than $10,000 in debt from credit cards, medical bills, collections, or personal loans, their representatives might be able to assist you in consolidating your debt into one low monthly payment.

Best of all? There are zero fees until your debt is resolved, and you could be debt-free in 24-48 months. To get started, just answer a few simple questions. It only takes 30 seconds to see if you qualify!

Try National Debt Relief

Ditch your mortgage lender

Yep, we said it. If you want to save a ton of money next month — $100, $200, $500 — you should ditch your current mortgage right now.

Our new tool will help you compare mortgage offers and rates and could help you simplify refinancing your mortgage. Which means you could slash your interest rate, lower your monthly mortgage payments and even build equity in your home faster… all so you can save money and free up breathing room in your budget.

You could even take advantage of a cash out refinance for massive savings. The money you get could help you crush your high-interest debt for good. Or you could take advantage of that potentially lucrative investment opportunity that you now have the cash for. The possibilities are endless, but you’d be crazy not to see how much you can get just by refinancing.

See how low your rate and payment could be

Start building passive income with a 5 question quiz

Passive income. Building a portfolio. Retiring early. You always hear about these things. And the mass media and “guru” investors make it look like a piece of cake.

But you know deep down that it’s not. What’s right for one person isn’t always right for another. And that just might be the key.

Ditch the stock picks, media hype, and guru “can’t fail” systems. It can be much more helpful to find investments that match your goals, your interests, and your risk tolerance. Because when you blaze your own trail, you may be more likely to stick to it.

You can start by taking this 5-question quiz about how you might want to invest.

We’ll match you with a platform that could be right for your investment goals, for free. Whether you want to potentially get more cash each month, retire early, or even build a balanced portfolio and long term growth.

Take the quiz

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