Retirement
Latest Retirement News
At What Age Should You Retire From the Federal Government?
Federal employees generally receive annuity-based pension funds when they retire. Depending on when you joined the government, this may be…
We’re 62 With $1.1 Million in 401(k)s. Should We Convert $100,000 Per Year to Avoid RMDs?
Converting 401(k) funds into Roth accounts can reduce or eliminate the need to take Required Minimum Distributions (RMDs) that can…
When to Start Saving for Retirement
Determining when to start saving for retirement can have a major impact on your financial future. Beginning early allows you…
When I Claim My $3,500 Social Security, Will My Wife Automatically Get a Spousal Benefit?
Understanding the nuances of spousal benefits is crucial to maximizing your household’s Social Security payments. For example, if you’re set…
What Happens to My Pension if My Company Goes Bankrupt?
The thought of your company going bankrupt is unsettling, especially if you were expected to receive a lifetime guaranteed income…
3 Benefits of an IRA Over a 401(k)
Saving for retirement is an important part of financial planning, and choosing the right investment vehicle can make a significant…
Is It Wise to Convert 10% of My IRA into a Roth Each Year to Avoid Taxes and RMDs?
Roth IRAs are not subject to rules on required minimum distributions (RMDs), and qualifying withdrawals from Roth accounts in retirement…
How Do I Know When It’s Time to Retire?
Deciding when to retire is one of the most significant financial decisions you’ll make, and getting the timing right is…
How to Semi-Retire Early: 5 Steps to Know
Semi-retiring early offers the best of both worlds: enjoying more leisure time while still maintaining a source of income and…
I’m 64 With $1.2 Million in a 401(k) and $2,800 Social Security Benefit. What’s My Retirement Budget?
For an average single person planning to stop working at 64, a $1.2 million 401(k) account and $2,800 Social Security…
