It’s easy to get sucked into focusing on a “magic number.” ...
During your working years, the size and your frequency of your paychecks is largely determined by your employer. But once you hit retirement, the responsibility of paying you falls to … well, you.
The tweak to the legendary “4% Rule” is slightly above last year, thanks to improved capital markets assumptions.
Some people will spend decades saving and investing for retirement, only to discover that they missed a step along the way. That commonly "missed" step? Devising their plan for decumulation − in other ...
In this podcast, Motley Fool retirement expert Robert Brokamp discusses the pros, cons, and trade-offs of various retirement-account withdrawal strategies with Christine Benz, director of personal ...
A large portion of employees withdraw their entire 401(k) balance when they leave a job rather than rolling it over to their new employer or another account, Vanguard found.
Forbes contributors publish independent expert analyses and insights. Host of the Retire Sooner podcast and CFP™ practitioner. Many investors gain penalty-free access to retirement accounts at age 59½ ...
Reviewing your monthly budget can help you gauge if your current income sources are enough. It's easier to travel in your 60s than your 70s and 80s, so it may be good to check off some bucket list ...
Finally, IRS rules require that any physical metals held in a retirement account must be stored at an IRS-approved depository — meaning you cannot hold the gold yourself. Failure to comply can trigger ...
Forbes contributors publish independent expert analyses and insights. Teresa Ghilarducci Ph.D. is an Economics Professor. The Charade That “Retirement” Accounts Are For Retirement It’s time we stop ...
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