Once you enter retirement, you’ll need to begin withdrawing funds from the various IRAs, 401(k)s and other accounts you’ve accumulated over the years. And just as you planed for accumulating these retirement funds in the first place, you’ll also want to make →
The 4% Rule for Retirement Spending ››
Once you enter retirement, you’ll need to begin withdrawing funds from the various IRAs, 401(k)s and other accounts you’ve accumulated over the years. And just as you planed for accumulating these retirement funds in the first place, you’ll also want to make →
Pros and Cons of a Working Retirement ››
The concept of “retirement” has dramatically changed over the past decade. While individuals in years past may have envisioned and planned for a retirement in which they move to Florida or Arizona to spend their days golfing, many new retirees have a →
Should You Rent or Own Your Home in Retirement? ››
Many things will change in your life when you enter retirement. Your family structure and obligations will become different as your children move away and have children of their own. Your work life will change as you reduce your work schedule or →
Social Security Changes to Be Aware Of ››
One of the biggest political issues during 2012 was the future of the Social Security program. The most popular Social Security program – the retirement benefits program – is itself quite massive. The Social Security program provides approximately 65% of the program →
How to Protect Yourself Against Retirement Emergencies ››
The retirement years are supposed to be a time of relaxation, where individuals get to enjoy the fruits of their labors and spend more time with friends and family. Of course, we know that things don’t always happen that way. Unexpected financial →
How do IRA and 401(k) Withdrawals Work? ››
Chances are you’ll spend a significant portion of your working years saving for retirement by building up the balances in your traditional IRA or 401(k) account. Perhaps you’ll even save in both types of accounts. Over the course of your career (or →
Tips to Consolidate Your IRAs ››
Individual retirement accounts (IRAs) are the foundation of most individuals’ retirement nest eggs. Unlike 401(k) accounts, which need to be sponsored by your employer and which may not provide you with a full range of investment options, IRAs are almost entirely within →
From Ages 50 to 70 – 5 Retirement Milestones to Plan For ››
Entering retirement isn’t a single event – it’s a series of steps that are taken over time in order to transition into whatever “retirement” means to an individual. Many of these steps are ones that might be taken earlier in life, such →
What is an Annuity? ››
There are many different types of financial products an individual can use to accumulate wealth to use during their retirement. IRAs, 401(k)s and traditional brokerage investing accounts usually comprise the backbone of most individuals’ retirement savings plans. But this is not a →
10 Uncommon Retirement Advice Tips ››
Most consumers have heard the standard retirement advice so many times that they probably think they know all that there is to know about retirement planning. They know that it’s essential to start contributing to their IRAs and 401(k) accounts as early →
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