CINXE.COM

<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head><script type="text/javascript" src="/_static/js/bundle-playback.js?v=HxkREWBo" charset="utf-8"></script> <script type="text/javascript" src="/_static/js/wombat.js?v=txqj7nKC" charset="utf-8"></script> <script>window.RufflePlayer=window.RufflePlayer||{};window.RufflePlayer.config={"autoplay":"on","unmuteOverlay":"hidden"};</script> <script type="text/javascript" src="/_static/js/ruffle/ruffle.js"></script> <script type="text/javascript"> __wm.init("https://web.archive.org/web"); __wm.wombat("http://money.cnn.com:80/gallery/pf/2013/04/15/building-wealth-54-to-65.moneymag/index.html","20130424000824","https://web.archive.org/","web","/_static/", "1366762104"); </script> <link rel="stylesheet" type="text/css" href="/_static/css/banner-styles.css?v=S1zqJCYt" /> <link rel="stylesheet" type="text/css" href="/_static/css/iconochive.css?v=3PDvdIFv" />  <title>Building wealth: Best moves if you're 55 to 64 - Prepare for a market downturn (1) - Money Magazine</title> <meta http-equiv="Content-Type" content="text/html; charset=UTF-8"/> <meta http-equiv="X-UA-Compatible" content="IE=edge,chrome=1"/> <link rel="image_src" href="https://web.archive.org/web/20130424000824im_/http://i2.cdn.turner.com/money/dam/assets/130410144514-wealth-55-to-64-216x164.jpg"> <link rel="canonical" href="https://web.archive.org/web/20130424000824/http://money.cnn.com/gallery/pf/2013/04/15/building-wealth-54-to-65.moneymag/index.html"/> <meta name="DATE" content="2013-04-15 18:08:52"/> <meta name="title" content="Building wealth: Best moves if you're 55 to 64"> <meta name="description" content="Money magazine's 101 Ways to Build Wealth package offers blueprints for the different stages of your life on how to achieve real financial security. In tips #78 through #101, we offer advice for 55- to 64-year-olds."> <meta name="keywords" content="building wealth pre retirement, 101 ways to build wealth, mortgage, downsize, m&a, investing, investment income, tax-free income, bonds, dividends, retirement income, inflation, long-term care, consultants, inflation, personal finance, money magazine"/> <meta name="author" content="Carla Fried"> <meta name="section" content="pf"> <meta name="subsection" content=""/> <meta property="og:title" content="Building wealth: Best moves if you're 55 to 64"/> <meta property="og:type" content="article"/> <meta property="og:url" content="https://web.archive.org/web/20130424000824/http://money.cnn.com/gallery/pf/2013/04/15/building-wealth-54-to-65.moneymag/"/> <meta property="og:image" content="https://web.archive.org/web/20130424000824im_/http://i2.cdn.turner.com/money/dam/assets/130410144514-wealth-55-to-64-216x164.jpg"/> <meta property="og:site_name" content="Money"/> <meta property="og:description" content="Money magazine's 101 Ways to Build Wealth package offers blueprints for the different stages of your life on how to achieve real financial security. In tips #78 through #101, we offer advice for 55- to 64-year-olds."/> <meta property="fb:app_id" content="80401312489"/> <meta name="twitter:card" content="summary"> <meta name="twitter:site" content="@Money"> <meta name="twitter:url" content="https://web.archive.org/web/20130424000824im_/http://money.cnn.com/gallery/pf/2013/04/15/building-wealth-54-to-65.moneymag/"> <meta name="twitter:title" content="Building wealth: Best moves if you're 55 to 64"> <meta name="twitter:description" content="Money magazine's 101 Ways to Build Wealth package offers blueprints for the different stages of your life on how to achieve real financial security. In tips #78 through #101, we offer advice for 55- to 64-year-olds."> <meta name="twitter:image" content="https://web.archive.org/web/20130424000824im_/http://i2.cdn.turner.com/money/dam/assets/130410144514-wealth-55-to-64-120x90.jpg"> <link rel="stylesheet" type="text/css" href="https://web.archive.org/web/20130424000824cs_/http://z.cdn.turner.com/money/tmpl_asset/static/style/128/css/cnnmoney.gallery-min.css"/> <script type="text/javascript" src="https://web.archive.org/web/20130424000824js_/http://z.cdn.turner.com/money/tmpl_asset/static/script/344/js/cnnmoney.main-min.js"></script> <script type="text/javascript" src="https://web.archive.org/web/20130424000824js_/http://z.cdn.turner.com/money/.e/script/jquery/1.5.1/jquery.js"></script> <script language="JavaScript" type="text/javascript">var cnnSiteWideCurrDate = new Date(2013, 3, 23);</script> <script language="JavaScript" type="text/javascript">var clickExpire = "-1";</script>  <script src="//web.archive.org/web/20130424000824js_/http://cdn.optimizely.com/js/59492907.js"></script> <script type="text/javascript">var _sf_startpt=(new Date()).getTime();</script> <script type="text/javascript"> document.adoffset = 0; </script> <script type="text/javascript" src="https://web.archive.org/web/20130424000824js_/http://i.cdn.turner.com/money/fn_adspaces/cnn_adspaces.js"></script> <script> cnnad_newTileIDGroup(new Array('970x418_top', '475x900_rgt')); </script> <script type="text/javascript" src="https://web.archive.org/web/20130424000824js_/http://i.cdn.turner.com/analytics/mon/ais.js"></script> </head> <body class="cnn-gallery"> <div id="cnnHeader" class="moneyPFNav"> <script language="JavaScript" src="https://web.archive.org/web/20130424000824js_/http://i.cdn.turner.com/money/.element/ssi/javascript/1.1/cnnhat_section.js"></script> <div class="innershell"> <div id="logo"><a href="/web/20130424000824/http://money.cnn.com/"><img src="https://web.archive.org/web/20130424000824im_/http://i2.cdn.turner.com/money/.element/img/5.0/logos/cnnmoney_mainnav.gif" width="218" height="67" alt="CNNMoney" title="CNNMoney" class="img-logo"/></a> </div> <div id="flyouts"> <ul id="menu"> <li class="fortune mega"><a class="bg-fortune" href="/web/20130424000824/http://money.cnn.com/magazines/fortune/"></a> <div id="flyout_fortune" class="flyout">  </div> </li> <li class="money mega"><a class="bg-money" href="/web/20130424000824/http://money.cnn.com/magazines/moneymag/"></a> <div id="flyout_money" class="flyout">  </div> </li> </ul> </div> <table cellpadding="0" cellspacing="0" class="topright"> <tr> <td id="banner_maglink"></td> <td class="login"> <div class="brdr_left"> </div> <div class="intl_edition"><dl class="edtn_dropdown"> <dt><a class="dropdownSelect">U.S.</a></dt> <dd> <ul> <li><a id="international">International</a></li> </ul> </dd> </dl> </div> <div class="separator"> </div> <div class="username" style="display: none;"></div> <div class="status"><a href="javascript:void(0)" class="cnnLogin">Log In</a></div> <div class="status" style="display: none;"><a href="javascript:void(0)" class="cnnLogout">Log Out</a></div> <div class="separator"> </div> <div class="cnnlink"><a href="https://web.archive.org/web/20130424000824/http://cnn.com/">CNN</a></div> <div class="brdr_right"> </div> <div class="clearFloat"></div> </td> </tr> </table> <div id="search_box" style="width: 255px;"> <form name="quoteForm" action="https://web.archive.org/web/20130424000824/http://searchapp.cnn.com/money-search/validate.jsp" method="get"> <div id="myContainer"></div> <input id="search_button" type="submit" value=""/> <input type="text" id="symb" name="symbols" id="txtSearchBox" title="Enter symbol or keyword"> </form> </div> <div class="clearFloat"></div> <div class="clearFloat"></div> </div> <script> if (window.SymbolComplete != null) { // Parameters: textBox id, display area id, # results in div (1-20), delay, callback, common part of domain name for async calls (money.cnn.com). //window.SymbolComplete.Setup('symb', 'myContainer', 10, .050, formatResult, 'cnn.com'); window.SymbolComplete.SetupDynamicScript('symb', 'myContainer', 10, .050, formatResult, false); window.SymbolComplete.DisableAutoHighlight(); } </script> <div id="main_menu"> <ul class="megamenu mm-item-link-hover"> <li class="mm-item"><a class="mm-item-link" id="navhome" href="/web/20130424000824/http://money.cnn.com/">Home</a> </li> <li class="mm-item"><a class="mm-item-link" id="navvideo" href="/web/20130424000824/http://money.cnn.com/video/">Video</a> <div class="mm_dropdown mm-item-content"> <div id="flyout_video" class="mm-content-base">  </div> </div> </li> <li class="mm-item"><a class="mm-item-link" id="navbiznews" href="/web/20130424000824/http://money.cnn.com/news/">Business News</a> <div class="mm_dropdown mm-item-content"> <div id="flyout_news" class="mm-content-base">  </div> </div> </li> <li class="mm-item"><a class="mm-item-link" id="navmarkets" href="/web/20130424000824/http://money.cnn.com/markets/">Markets</a> <div class="mm_dropdown mm-item-content"> <div id="flyout_markets" class="mm-content-base">  </div> </div> </li> <li class="mm-item"> <img src="https://web.archive.org/web/20130424000824im_/http://i2.cdn.turner.com/money/.element/img/5.0/sections/investing/new-icon.png" width="29" class="portfolioNewIcon"/> <a class="mm-item-link" id="navportfolio" href="https://web.archive.org/web/20130424000824/https://portfolio.money.cnn.com/">My Portfolio</a> <div class="mm_dropdown mm-item-content"> <div id="flyout_portfolio" class="mm-content-base">  </div> </div> </li> <li class="mm-item"><a class="mm-item-link" id="navinvesting" href="/web/20130424000824/http://money.cnn.com/investing/">Investing</a> <div class="mm_dropdown mm-item-content"> <div id="flyout_investing" class="mm-content-base"> </div> </div> </li> <li class="mm-item"><a class="mm-item-link" id="navecon" href="/web/20130424000824/http://money.cnn.com/news/economy/">Economy</a> <div class="mm_dropdown mm-item-content"> <div id="flyout_economy" class="mm-content-base">  </div> </div> </li> <li class="mm-item"><a class="mm-item-link" id="navtech" href="/web/20130424000824/http://money.cnn.com/technology/">Tech</a> <div class="mm_dropdown mm-item-content"> <div id="flyout_tech" class="mm-content-base">  </div> </div> </li> <li class="mm-item"><a class="mm-item-link" id="navpf" href="/web/20130424000824/http://money.cnn.com/pf/">Personal Finance</a> <div class="mm_dropdown mm-item-content"> <div id="flyout_pf" class="mm-content-base">  </div> </div> </li> <li class="mm-item"><a class="mm-item-link" id="navsmbiz" href="/web/20130424000824/http://money.cnn.com/smallbusiness/">Small Business</a> <div class="mm_dropdown mm-item-content"> <div id="flyout_smallbusiness" class="mm-content-base">  </div> </div> </li> <li class="mm-item"><a class="mm-item-link" id="navleadership" href="/web/20130424000824/http://money.cnn.com/leadership/">Leadership</a> <div class="mm_dropdown mm-item-content"> <div id="flyout_leadership" class="mm-content-base">  </div> </div> </li> <li id="mm-share-twitter">  <a onclick="eventLogger.social_track('twt-tweet', 'https://web.archive.org/web/20130424000824/http://money.cnn.com');" href="https://web.archive.org/web/20130424000824/https://twitter.com/intent/user?screen_name=cnnmoney" class="soc-twtname" target="_blank"><img src="https://web.archive.org/web/20130424000824im_/http://i.cdn.turner.com/money/.element/img/5.0/misc/social_nav_t.gif" height="20" width="20"/></a> </li> <li id="mm-like-facebook">  <div onmouseenter="CNNM.Social.settrackURL('http://money.cnn.com');" class="fb-like" data-action="like" data-href="http://www.facebook.com/cnnmoney" data-send="false" data-layout="button_count" data-width="90" data-show-faces="false"></div> </li> </ul> <div class="clearFloat"></div> </div> <div class="subnav"> <div class="inner"> <ul> <li><a href="/web/20130424000824/http://money.cnn.com/real_estate/">Real Estate</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/retirement/">Retirement</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/news/specials/jobs/">Jobs</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/autos/">Autos</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/pf/taxes/">Taxes</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/pf/savvy_spending/">Spending</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/pf/college/">College</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/bestplaces/">Best Places to Live</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/pf/expert/">Ask the Expert</a></li> <li><a href="https://web.archive.org/web/20130424000824/http://helpdesk.blogs.money.cnn.com/">Help Desk</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/video/pf/">Video</a></li> </ul> </div> </div> </div> <div id="cnnBody"> <div id="adBanner"> <div id="ad-76f1cd1e899765aa" align="center" style="padding: 0; margin: 0; border: 0;"> <script type="text/javascript">cnnad_createAd("76f1cd1e899765aa","https://web.archive.org/web/20130424000824/http://ads.cnn.com/html.ng/site=cnn_money&cnn_money_brand=money&cnn_money_position=728x90_top&cnn_money_rollup=personal_finance&cnn_money_section=build_wealth&params.styles=fs&page.allowcompete=no","","");</script> </div> </div> <div class="cnnCol_main"> <div id="101-ways-build-wealth_04152013" class="gal_slide"> <div class="hed_side"> <a href="/web/20130424000824/http://money.cnn.com/magazines/moneymag/"> <div class="source moneymag"></div> </a> <div class="cmmtcount"> <a href="/web/20130424000824/http://money.cnn.com/gallery/pf/2013/04/15/building-wealth-54-to-65.moneymag/index.html" class="money-social money-get-comments"></a> <a href="#comments">comments</a> </div> </div> <div class="hedbyline"> <div class="breadcrumb"> <a href="/web/20130424000824/http://money.cnn.com/magazines/moneymag/101-ways-build-wealth/">101 WAYS TO BUILD WEALTH</a> </div> <h1><a href="/web/20130424000824/http://money.cnn.com/gallery/pf/2013/04/15/building-wealth-54-to-65.moneymag/index.html">Building wealth: Best moves if you're 55 to 64</a></h1> <h2>Money magazine's <i>101 Ways to Build Wealth</i> package offers blueprints for the different stages of your life on how to achieve real financial security. In tips #78 through #101, we offer advice for 55- to 64-year-olds.</h2> </div> <div class="clearFloat"></div> <div class="header"> <div class="slidehed"> Prepare for a market downturn</div> <div class="pagination"> <div class="label">1 of 8</div> <a href="/web/20130424000824/http://money.cnn.com/gallery/pf/2013/04/15/building-wealth-54-to-65.moneymag/jump.html" class="btn_back"></a> <a href="/web/20130424000824/http://money.cnn.com/gallery/pf/2013/04/15/building-wealth-54-to-65.moneymag/2.html" class="btn_next"></a> </div> <div class="clearFloat"></div> </div> <div class="body"> <div style="width:620px;" class="slideimg "> <img src="https://web.archive.org/web/20130424000824im_/http://i2.cdn.turner.com/money/dam/assets/130410145447-target-mix-age-60-620xb.png" width="620" height="380" alt="target mix age 60" border="0"/> </div>   <p>On the verge of retirement, bear markets and high living costs can cut into your nest egg. How to reduce those risks. </p> <p><strong>78. Be ready for a bear attack.</strong> As you near retirement, you have less time to recover from a severe bear market (and fewer future paychecks to replenish your portfolio). One way to limit the damage from a market plunge is to beef up your cash cushion during these years. </p> <p>Look ahead to your spending in retirement, says financial planner Harold Evensky, and calculate what portion you'll have to fund with investments rather than Social Security or a pension. Then build up a year's worth of those self-funded expenses in cash. You can avoid selling stocks in a slumping market, and you'll have money to deploy if a crash creates buying opportunities.</p> <p><strong>79. Retire from your company stock. </strong>Vanguard 401(k) savers with balances of at least $250,000 have an average of 13% of their money in company stock. What's optimal: Don't keep more than 5% of your money in a single stock. Sell to cut your nest egg's risk.</p> <p><strong>8</strong><strong>0</strong><strong>. Give yourself shelter.</strong> If you're a couple making over $250,000 a year, you could be facing higher tax rates, a new Medicare surcharge, or both. So stash your least tax-efficient assets, such as taxable bonds, in 401(k)s or IRAs. Put your most efficient holdings, such as index funds and muni bonds, in taxable accounts. The payoff:</p> <p><strong>After-tax value of a $1 million portfolio after 10 years </strong><span/> <br/>Tax-inefficient: $1.4 million <span/> <br/>Tax-efficient: $1.5 million <span/> <br/><i>Notes: Assumes 33% federal bracket and 3.8% Medicare tax, 6.6% pretax average annual return. </i><span/> <br/><i>Source: Vanguard</i></p> <p><a href="/web/20130424000824/http://money.cnn.com/gallery/pf/2013/04/15/building-wealth-54-to-65.moneymag/2.html" class="next">NEXT: Lighten up living expenses</a><br></p> </div> <div class="clearFloat"></div> <div class="cnnDateStamp"> <span class="byline"> By Carla Fried, Paul J. Lim, Ismat Sarah Mangla, Donna Rosato and Penelope Wang </span> <a href="https://web.archive.org/web/20130424000824/https://twitter.com/intent/user?screen_name=money" class="soc-twtname">@Money</a> - Last updated April 18 2013 04:35 PM ET</div> <div class="clearFloat"></div> </div> <div id="quigo628"><div id="ad-356491" align="center" style="padding: 0; margin: 0; border: 0;"><script type="text/javascript"> cnnad_createAd("356491","https://web.archive.org/web/20130424000824/http://ads.cnn.com/html.ng/site=cnn_money&cnn_money_position=628x215_bot&cnn_money_rollup=personal_finance&cnn_money_section=quigo&cnn_money_subsection=galleries&page.allowcompete=no&params.styles=fs&page.allowcompete=yes","215","628"); </script></div></div> <div id="taboola-autosized-generated-2r-new"></div> <div id="OB_div"></div> <a name="comments"></a> <div class="mod-disqus"> <div class="boxHeading">Join the Conversation</div> <div id="ad-844980" align="center" style="padding: 0; margin: 0; border: 0;"><script type="text/javascript"> cnnad_createAd("844980","https://web.archive.org/web/20130424000824/http://ads.cnn.com/html.ng/site=cnn_money&cnn_money_position=620x60_mid&cnn_money_rollup=personal_finance&cnn_money_section=social_media&cnn_money_subsection=commenting&page.allowcompete=no&params.styles=fs&page.allowcompete=yes","60","620"); </script></div> <div id="disqus_thread"></div> </div> </div> <div class="cnnCol_side"> <div class="mod-spFeatstories"> <div class="boxHeading"><a href="https://web.archive.org/web/20130424000824/http://money.cnn.com/magazines/moneymag/101-ways-build-wealth/">101 Ways to Build Wealth</a></div> <div class="summaryBlock"> <a href="/web/20130424000824/http://money.cnn.com/gallery/pf/2013/04/15/building-wealth-young-adults.moneymag/index.html" class="summaryImg"> <img src="https://web.archive.org/web/20130424000824im_/http://i2.cdn.turner.com/money/dam/assets/130410133610-wealth-25-to-34-120x90.jpg" width="120" height="90" alt="Best moves if you're 25 to 34" border="0"/> </a> <div class="cnnHeadline"> <a href="/web/20130424000824/http://money.cnn.com/gallery/pf/2013/04/15/building-wealth-young-adults.moneymag/index.html"> Best moves if you're 25 to 34 </a> </div> <p class="cnnBlurbTxt"> Just starting out? Now's the time to create a solid plan for investing and saving. <br/> </p> </div> <div class="galleryHeadline "> <div class="cnnHeadline"> <a href="/web/20130424000824/http://money.cnn.com/gallery/pf/2013/04/15/building-wealth-35-to-44.moneymag/index.html"> Best moves if you're 35 to 44 </a> </a> </div> </div> <div class="galleryHeadline lastItem"> <div class="cnnHeadline"> <a href="/web/20130424000824/http://money.cnn.com/gallery/pf/2013/04/15/building-wealth-45-to-54.moneymag/index.html"> Best moves if you're 45 to 54 </a> </a> </div> </div> </div> <div id="adsquare"> <div id="ad-315c018983fde82a" align="center" style="padding: 0; margin: 0; border: 0;"> <script type="text/javascript">cnnad_createAd("315c018983fde82a","https://web.archive.org/web/20130424000824/http://ads.cnn.com/html.ng/site=cnn_money&cnn_money_brand=money&cnn_money_position=336x280_rgt&cnn_money_rollup=personal_finance&cnn_money_section=build_wealth&params.styles=fs&page.allowcompete=no","","");</script> </div> </div> <script language="javascript"> function submitmyform(frm) { url = "https://web.archive.org/web/20130424000824/http://realestate.money.cnn.com/syndication/?id=AACN0001&url="; url += encodeURIComponent("https://web.archive.org/web/20130424000824/http://realestate.money.cnn.com/validate.php?"); if(frm.search.value) { url += "search="+encodeURIComponent(frm.search.value+"&"); } if(frm.min_price.value) { url += "min_price="+encodeURIComponent(frm.min_price.value+"&"); } if(frm.max_price.value) { url += "max_price="+encodeURIComponent(frm.max_price.value+"&"); } if(frm.type.value) { url += "type="+encodeURIComponent(frm.type.value+"&"); } frm.action = url; } </script> <div id="mod-trulia"> <div class="boxHeading"> <div class="logo"><a href="https://web.archive.org/web/20130424000824/http://www.trulia.com/" title="Real estate and homes for sale on Trulia"><img src="https://web.archive.org/web/20130424000824im_/http://images.trulia.com/images/tpp_powered_by_trulia.png" alt="Real estate and homes for sale on Trulia" border="0"/></a></div> Find Homes for sale </div> <form action="" method="post" name="formtruliaWidget" target="_blank" onsubmit="submitmyform(document.formtruliaWidget);"> <ul> <li> <ul> <li> <label class="truliaWidgetsubhead" for="search">City, state, or zip</label> <div class="truliaWidgetsubbody"> <input class="addrSearchBox" type="text" name="search" id="search"/> </div> </li> <li> <label class="truliaWidgetsubhead" for="min_price">Price range</label> <div class="truliaWidgetsubbody"> <select name="min_price" id="min_price"> <option selected="selected" value="0">Min</option> <option value="10000">$10,000</option> <option value="20000">$20,000</option> <option value="30000">$30,000</option> <option value="50000">$50,000</option> <option value="100000">$100,000</option> <option value="130000">$130,000</option> <option value="150000">$150,000</option> <option value="200000">$200,000</option> <option value="250000">$250,000</option> <option value="300000">$300,000</option> <option value="350000">$350,000</option> <option value="400000">$400,000</option> <option value="450000">$450,000</option> <option value="500000">$500,000</option> <option value="550000">$550,000</option> <option value="600000">$600,000</option> <option value="650000">$650,000</option> <option value="700000">$700,000</option> <option value="750000">$750,000</option> <option value="800000">$800,000</option> <option value="850000">$850,000</option> <option value="900000">$900,000</option> <option value="950000">$950,000</option> <option value="1000000">$1M</option> <option value="1100000">$1.1M</option> <option value="1200000">$1.2M</option> <option value="1250000">$1.25M</option> <option value="1400000">$1.4M</option> <option value="1500000">$1.5M</option> <option value="1600000">$1.6M</option> <option value="1700000">$1.7M</option> <option value="1750000">$1.75M</option> <option value="1800000">$1.8M</option> <option value="1900000">$1.9M</option> <option value="2000000">$2M</option> <option value="2250000">$2.25M</option> <option value="2500000">$2.5M</option> <option value="2750000">$2.75M</option> <option value="3000000">$3M</option> <option value="3500000">$3.5M</option> <option value="4000000">$4M</option> <option value="5000000">$5M</option> <option value="10000000">$10M</option> <option value="20000000">$20M</option> </select> <label for="max_price">to</label> <select name="max_price" id="max_price"> <option value="10000">$10,000</option> <option value="20000">$20,000</option> <option value="30000">$30,000</option> <option value="50000">$50,000</option> <option value="100000">$100,000</option> <option value="130000">$130,000</option> <option value="150000">$150,000</option> <option value="200000">$200,000</option> <option value="250000">$250,000</option> <option value="300000">$300,000</option> <option value="350000">$350,000</option> <option value="400000">$400,000</option> <option value="450000">$450,000</option> <option value="500000">$500,000</option> <option value="550000">$550,000</option> <option value="600000">$600,000</option> <option value="650000">$650,000</option> <option value="700000">$700,000</option> <option value="750000">$750,000</option> <option value="800000">$800,000</option> <option value="850000">$850,000</option> <option value="900000">$900,000</option> <option value="950000">$950,000</option> <option value="1000000">$1M</option> <option value="1100000">$1.1M</option> <option value="1200000">$1.2M</option> <option value="1250000">$1.25M</option> <option value="1400000">$1.4M</option> <option value="1500000">$1.5M</option> <option value="1600000">$1.6M</option> <option value="1700000">$1.7M</option> <option value="1750000">$1.75M</option> <option value="1800000">$1.8M</option> <option value="1900000">$1.9M</option> <option value="2000000">$2M</option> <option value="2250000">$2.25M</option> <option value="2500000">$2.5M</option> <option value="2750000">$2.75M</option> <option value="3000000">$3M</option> <option value="3500000">$3.5M</option> <option value="4000000">$4M</option> <option value="5000000">$5M</option> <option value="10000000">$10M</option> <option value="20000000">$20M</option> <option selected="selected" value="">Max</option> </select> </div> </li> </ul> <div class="clearFloat"></div> </li> <li> Property Type <div class="truliaWidgetsubbody"> <select name="type" id="type"> <option value="" selected="selected">Any type</option> <option value="single-family">Single-Family Home</option> <option value="condo">Condo</option> <option value="townhouse">Townhome</option> <option value="coop">Coop</option> <option value="apartment">Apartment</option> <option value="loft">Loft</option> <option value="tic">TIC</option> <option value="apartment,condo,townhouse">Apt/Condo/Twnhm</option> <option value="mobile">Mobile/Manufactured</option> <option value="farm">Farm/Ranch</option> <option value="lot">Lot/Land</option> <option value="multifamily">Multi-Family Home</option> <option value="investment">Income/Investment</option> <option value="houseboat">Houseboat</option> <option value="unspecified">Unspecified</option> </select> <input name="button" type="image" id="searchButton" src="https://web.archive.org/web/20130424000824im_/http://i2.cdn.turner.com/money/.element/img/2.0/buttons/button_search.gif" onmouseover="this.src='https://web.archive.org/web/20130424000824/http://i2.cdn.turner.com/money/.element/img/2.0/buttons/button_search_blue.gif'" onmouseout="this.src='https://web.archive.org/web/20130424000824/http://i2.cdn.turner.com/money/.element/img/2.0/buttons/button_search.gif'"/> </div> </li> <li class="lastItem"> Find a home in: <br/> <a href="https://web.archive.org/web/20130424000824/http://realestate.money.cnn.com/NY/New_York/" target="_blank">New York</a> | <a href="https://web.archive.org/web/20130424000824/http://realestate.money.cnn.com/GA/Atlanta/" target="_blank">Atlanta</a> | <a href="https://web.archive.org/web/20130424000824/http://realestate.money.cnn.com/IL/Chicago/" target="_blank">Chicago</a> | <a href="https://web.archive.org/web/20130424000824/http://realestate.money.cnn.com/CA/Los_Angeles/" target="_blank">Los Angeles</a> <br/> <a href="https://web.archive.org/web/20130424000824/http://realestate.money.cnn.com/DC/Washington/" target="_blank">Washington D.C</a> | <a href="https://web.archive.org/web/20130424000824/http://realestate.money.cnn.com/TX/Houston/" target="_blank">Houston</a> | <a href="https://web.archive.org/web/20130424000824/http://realestate.money.cnn.com/PA/Philadelphia/" target="_blank">Philadelphia</a> | <a href="https://web.archive.org/web/20130424000824/http://realestate.money.cnn.com/" target="_blank">More options</a></li> </ul> </form> </div> <div class="mod-mostpop"> <div class="boxHeading">Most Popular</div> <table cellpadding="0" cellspacing="0" border="0"> <tr> <td class="cnnHeadline"><a href="https://web.archive.org/web/20130424000824/http://money.cnn.com/2013/04/23/technology/mobile/apple-earnings/index.html">Apple's profit crunch continues</a></td> <td class="scale"><div class="bars pct100"> </div></td> <td class="count"><a href="/web/20130424000824/http://money.cnn.com/2013/04/23/technology/mobile/apple-earnings/index.html" class="money-social money-get-comments"></a></td> </tr> <tr> <td class="cnnHeadline"><a href="https://web.archive.org/web/20130424000824/http://money.cnn.com/2013/04/23/news/economy/obamacare-subsidies/index.html">Millions eligible for Obamacare subsidies, but most don't know it</a></td> <td class="scale"><div class="bars pct60"> </div></td> <td class="count"><a href="/web/20130424000824/http://money.cnn.com/2013/04/23/news/economy/obamacare-subsidies/index.html" class="money-social money-get-comments"></a></td> </tr> <tr> <td class="cnnHeadline"><a href="https://web.archive.org/web/20130424000824/http://money.cnn.com/2013/04/23/technology/smart-guns/index.html">'Smart guns' could be next step in gun control</a></td> <td class="scale"><div class="bars pct50"> </div></td> <td class="count"><a href="/web/20130424000824/http://money.cnn.com/2013/04/23/technology/smart-guns/index.html" class="money-social money-get-comments"></a></td> </tr> <tr> <td class="cnnHeadline"><a href="https://web.archive.org/web/20130424000824/http://money.cnn.com/2013/04/23/technology/innovation/trey-mcintyre-project-hewlett-packard/index.html">Why Hewlett-Packard is hiring dancers </a></td> <td class="scale"><div class="bars pct50"> </div></td> <td class="count"><a href="/web/20130424000824/http://money.cnn.com/2013/04/23/technology/innovation/trey-mcintyre-project-hewlett-packard/index.html" class="money-social money-get-comments"></a></td> </tr> <tr class="lastItem"> <td class="cnnHeadline"><a href="https://web.archive.org/web/20130424000824/http://money.cnn.com/2013/04/23/investing/stocks-markets/index.html">Stocks rebound after fake tweet spooks investors</a></td> <td class="scale"><div class="bars pct40"> </div></td> <td class="count"><a href="/web/20130424000824/http://money.cnn.com/2013/04/23/investing/stocks-markets/index.html" class="money-social money-get-comments"></a></td> </tr> </table> </div> <div id="quigo336"><div id="ad-572037" align="center" style="padding: 0; margin: 0; border: 0;"><script type="text/javascript"> cnnad_createAd("572037","https://web.archive.org/web/20130424000824/http://ads.cnn.com/html.ng/site=cnn_money&cnn_money_position=336x280_quigo&cnn_money_rollup=personal_finance&cnn_money_section=quigo&cnn_money_subsection=galleries&page.allowcompete=no&params.styles=fs&page.allowcompete=yes","280","336"); </script></div></div> <div id="MagOFIE"> <script type="text/javascript">chooseMagOFIE();</script> </div> </div> <div class="clearFloat"></div> </div> <script language="javascript" type="text/javascript"> var cnnBrandingValue = "101-ways-build-wealth"; var cnnAuthor = "Carla Fried"; var cnnSource = "MONEY"; var cnnPublishDate = "2013-04-15"; var cnnContentType = "gallery"; //global </script> <div id="cnnFooter"> <div id="ad-391428" align="center" style="padding: 0; margin: 0; border: 0;"><script type="text/javascript"> cnnad_createAd("391428","https://web.archive.org/web/20130424000824/http://ads.cnn.com/html.ng/site=cnn_money&cnn_money_position=1x1_survey&cnn_money_rollup=personal_finance&page.allowcompete=no&params.styles=fs&page.allowcompete=yes","1","1"); </script></div> <script> function getCookie( check_name ) { var a_all_cookies = document.cookie.split( ';' ); var a_temp_cookie = ''; var ck_name = ''; var cookie_value = ''; var b_cookie_found = false; for ( i = 0; i < a_all_cookies.length; i++ ) { a_temp_cookie = a_all_cookies[i].split( '=' ); ck_name = a_temp_cookie[0].replace(/^\s+|\s+$/g, ''); if ( ck_name == check_name ) { b_cookie_found = true; if ( a_temp_cookie.length > 1 ) { cookie_value = unescape( a_temp_cookie[1].replace(/^\s+|\s+$/g, '') ); } return cookie_value; break; } a_temp_cookie = null; ck_name = ''; } if ( !b_cookie_found ) { return null; } } function setCookie(c_name,value) { var exdate=new Date(); exdate.setDate(exdate.getDate()+365); document.cookie=c_name+ "=" +escape(value) + ";expires="+exdate.toUTCString()+";path=/;domain=cnn.com"; return; } function checkCookie(set_value) { if(getCookie('CNNMoneyEdition')==null || getCookie('CNNMoneyEdition')==""){ setCookie('CNNMoneyEdition', set_value); } return; } try { checkCookie('domestic'); } catch(e){} </script> <div class="innershell"> <div class="cnnlogo"> <a href="/web/20130424000824/http://money.cnn.com/"><img src="https://web.archive.org/web/20130424000824im_/http://i.cdn.turner.com/money/.element/img/5.0/logos/cnnmoney_footer.gif" alt="CNNMoney" width="105" height="22" border="0" title="CNNMoney.com"></a> </div> <ul> <li> <div class="listHeader"> About CNNMoney</div> <ul> <li><a rel="nofollow" href="/web/20130424000824/http://money.cnn.com/services/bridge/contact.us.html">Contact Us</a></li> <li><a rel="nofollow" target="new" href="https://web.archive.org/web/20130424000824/http://www.cnnmoneymediakit.com/">Advertise with Us</a></li> <li><a rel="nofollow" href="/web/20130424000824/http://money.cnn.com/profile/">User Preferences</a></li> <li><a rel="nofollow" href="https://web.archive.org/web/20130424000824/http://www.fortunecareeropportunities.com/">Career Opportunities</a></li> <li><a rel="nofollow" href="https://web.archive.org/web/20130424000824/http://www.fortunecouncil.com/">Business Leader Council</a></li> <li><a rel="nofollow" href="/web/20130424000824/http://money.cnn.com/services/closed-captioning.html">Closed Captioning</a></li> </ul> </li> <li> <div class="listHeader"> Content</div> <ul> <li><a href="/web/20130424000824/http://money.cnn.com/magazines/fortune/">Fortune Magazine</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/magazines/moneymag/">Money Magazine</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/news/">Business News</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/data/markets/">Markets</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/termsheet/">Term Sheet</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/news/economy/">Economy</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/technology/">Tech</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/pf/">Personal Finance</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/smallbusiness/">Small Business</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/video/">Video</a></li> </ul> </li> <li> <div class="listHeader"> Magazines</div> <ul> <li id="footer_maglinkF"><a rel="nofollow" href="https://web.archive.org/web/20130424000824/https://subscription.fortune.com/storefront/subscribe-to-fortune/link/1002982.html">Subscribe to Fortune</a></li> <li id="footer_maglinkM"><a rel="nofollow" href="https://web.archive.org/web/20130424000824/https://subscription.money.com/storefront/subscribe-to-money/link/1003748.html">Subscribe to Money</a></li> <li><a rel="nofollow" href="https://web.archive.org/web/20130424000824/https://subscription.fortune.com/storefront/subscribe-to-fortune/link/1003749.html">Give the Gift of Fortune</a></li> <li><a rel="nofollow" href="https://web.archive.org/web/20130424000824/https://subscription.money.com/storefront/subscribe-to-money/link/1003746.html">Give the Gift of Money</a></li> <li><a rel="nofollow" href="https://web.archive.org/web/20130424000824/http://www.fortunereprints.com/">Reprints</a></li> <li><a rel="nofollow" href="https://web.archive.org/web/20130424000824/http://www.timeincnewsgroupcustompub.com/">Special Sections</a></li> <li><a rel="nofollow" href="/web/20130424000824/http://money.cnn.com/services/bridge/contact.us.html">Magazine Customer Service</a></li> <li><a rel="nofollow" href="https://web.archive.org/web/20130424000824/http://www.fortuneconferences.com/">Conferences</a></li> </ul> </li> <li> <div class="listHeader"> Site Tools</div> <ul> <li><a href="/web/20130424000824/http://money.cnn.com/services/sitemap/">Site Map</a></li> <li><a rel="nofollow" href="https://web.archive.org/web/20130424000824/http://markets.money.cnn.com/secure/watchlist/">Watchlist</a></li> <li><a target="new" href="https://web.archive.org/web/20130424000824/http://jobsearch.money.cnn.com/a/all-jobs/list">Search Jobs</a></li> <li><a href="https://web.archive.org/web/20130424000824/http://realestate.money.cnn.com/">Real Estate Search</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/pf/loan_center/">Mortgage and Savings Center</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/tools/">Calculators</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/news/corrections/">Corrections</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/profile/">Market Data Alerts</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/profile/">News Alerts</a></li> </ul> </li> <li class="lastItem"> <div class="listHeader"> Stay Connected</div> <ul> <li><a rel="nofollow" href="/web/20130424000824/http://money.cnn.com/profile/">My Account</a></li> <li><a rel="nofollow" href="/web/20130424000824/http://money.cnn.com/services/mobile/">Mobile Site & Apps</a></li> <li><a target="new" href="https://web.archive.org/web/20130424000824/http://facebook.com/cnnmoney">Facebook</a></li> <li><a target="new" href="https://web.archive.org/web/20130424000824/http://twitter.com/cnnmoney">Twitter</a></li> <li><a target="new" href="https://web.archive.org/web/20130424000824/http://www.linkedin.com/today/money.cnn.com">LinkedIn</a></li> <li><a target="new" href="https://web.archive.org/web/20130424000824/http://www.youtube.com/CNNMoney">YouTube</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/services/rss/">RSS Feeds</a></li> <li><a href="/web/20130424000824/http://money.cnn.com/profile/">Newsletters</a></li> <li><a href="https://web.archive.org/web/20130424000824/http://cnnmoneytech.tumblr.com/">Tumblr</a></li> <li><a href="https://web.archive.org/web/20130424000824/https://plus.google.com/115995105609774588517/" rel="publisher" target="_blank">Google+</a></li> </ul> </li> </ul> <div class="disclaimer" id="marketCopyright"> Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. <a href="https://web.archive.org/web/20130424000824/http://money.cnn.com/services/disclaimer.html">Disclaimer</a> LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. <a href="https://web.archive.org/web/20130424000824/http://money.cnn.com/services/disclaimer.html">Disclaimer</a>. Morningstar: © 2013 Morningstar, Inc. All Rights Reserved. <a href="https://web.archive.org/web/20130424000824/http://money.cnn.com/services/disclaimer.html">Disclaimer</a> The Dow Jones Indexes<sup>SM</sup> are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones Indexes<sup>SM</sup> © 2013 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2013. All rights reserved. Most stock quote data provided by BATS. </div> <div class="copyright"> © 2013 Cable News Network. A Time Warner Company. All Rights Reserved. <a href="/web/20130424000824/http://money.cnn.com/services/terms.html" rel="nofollow"> Terms</a> under which this service is provided to you. <a href="/web/20130424000824/http://money.cnn.com/services/privacy/"> Privacy Policy</a>. <a href="/web/20130424000824/http://money.cnn.com/services/advertise/adchoices.html"> Ad choices <img src="https://web.archive.org/web/20130424000824im_/http://i2.cdn.turner.com/money/.element/img/1.0/services/advertise/adchoiceslogo_footer.png" width="12" height="12"/></a>. </div> </div> <script language="JavaScript" src="https://web.archive.org/web/20130424000824js_/http://z.cdn.turner.com/money/.element/script/4.0/omniture/jsmd.js?201303281532"></script> <script language="JavaScript"></script> <script type="text/javascript" src="https://web.archive.org/web/20130424000824js_/http://z.cdn.turner.com/money/.e/script/5.0/newsbeat/newsbeat.js"></script>  <img src="https://web.archive.org/web/20130424000824im_/http://www.bizographics.com/collect/?fmt=gif&pid=311" width="1" height="1" border="0" alt="">  <script language="JavaScript"> var R = new String(document.referrer); var serveAd=1; if(R.length > 0) { if (R.indexOf("yahoo.com") >= 0) serveAd=0; } if(serveAd) { /* dynamic logic */ document.write('<scr'+'ipt src="https://web.archive.org/web/20130424000824/http://content.dl-rms.com/rms/mother/8101/nodetag.js"></scr'+'ipt>'); /* ADSPACE: ros/popunders/bot.1x1 */ cnnad_createAd("229469","https://web.archive.org/web/20130424000824/http://ads.cnn.com/html.ng/site=cnn_money&cnn_money_position=1x1_bot&params.styles=fs","1","1"); try { selectSurvey(); } catch(e){} } </script>  <script type="text/javascript"> _qoptions = {qacct:"p-5dyPa639IrgIw"}; document.write( '<scr'+'ipt src="https://web.archive.org/web/20130424000824/http://pixel.quantserve.com/seg/'+_qoptions.qacct+'.js;fpa='+_quantgc('__qca')+'" type="text/javascript"></scr'+'ipt>'); </script>   <script type="text/javascript" src="https://web.archive.org/web/20130424000824js_/http://edge.quantserve.com/quant.js"></script> <script type="text/javascript">_qacct="p-5dyPa639IrgIw";quantserve();</script> <noscript> <a href="https://web.archive.org/web/20130424000824/http://www.quantcast.com/p-5dyPa639IrgIw" target="_blank"><img src="https://web.archive.org/web/20130424000824im_/http://pixel.quantserve.com/pixel/p-5dyPa639IrgIw.gif" style="display: none" border="0" height="1" width="1" alt="Quantcast"/></a> </noscript>   <script src="https://web.archive.org/web/20130424000824js_/http://js.revsci.net/gateway/gw.js?csid=H07710"></script> <script type="text/javascript" language="JavaScript" charset="utf-8">  </script>  <script src="https://web.archive.org/web/20130424000824js_/http://ips-invite.iperceptions.com/webValidator.aspx?sdfc=8903e7fe-104983-4d96497c-d068-4528-a4f9-0dbb51a45963&lID=1&loc=STUDY&cD=90&rF=False&iType=1&domainname=0" type="text/javascript" defer="defer"></script> <script type="text/javascript"> // needs to be defined before data/common.js var urlPre="https://web.archive.org/web/20130424000824/http://markets.money.cnn.com/"; var cnnDomain="https://web.archive.org/web/20130424000824/http://money.cnn.com/"; var cookieDomain="cnn.com"; var tzOffset= -240; //var tzOffset= -300; </script> <script type="text/javascript" src="https://web.archive.org/web/20130424000824js_/http://w.sharethis.com/button/buttons.js"></script> <script type="text/javascript" src="https://web.archive.org/web/20130424000824js_/http://z.cdn.turner.com/money/tmpl_asset/static/script/344/js/cnnmoney.gallery-min.js"></script> <img src="https://web.archive.org/web/20130424000824im_/http://i.cdn.turner.com/money/.element/img/1.0/misc/1.gif" alt="" id="TargetImageDE" name="TargetImageDE" width="1" height="1" onload="cnnad_getDEAdHeadCookie(this)"> <script> cnnad_ugsync(); </script> <div id="csiIframe"></div> </div> </body> </html>