Retirement
Federal employees with traditional Thrift Savings Plans can now convert money to a Roth TSP. This moves their future qualified…
The average 401(k) balance is about $351,242, but taxes can reduce how much of that money is available to spend.1…
With only 10 years left until retirement, missing your employer’s 401(k) match can leave a sizable hole in your savings.…
At 59, $1.6 million may be enough to retire, but leaving work also means giving up health insurance coverage from…
A lower withdrawal rate can help your retirement savings last longer, but it may also limit how much you spend.…
Doubling your salary can increase your lifetime earnings, but your Social Security benefit will not increase at the same rate.…
A $2.5 million portfolio could support $100,000 in annual retirement spending, but taxes might require you to withdraw more than…
Retiring at 52 could lock up a big part of your nest egg until age 59 ½. If most of…
You took a $100,000 distribution by check from your 401(k) and are now wondering if the IRS will penalize you.…
If you need to withdraw $10,000 each month from a $1 million portfolio, that’s a 12% annual withdrawal rate. Sustaining…
While $500,000 is a substantial retirement portfolio, it may not be enough to generate $5,000 in monthly income on its…
Turning 50 could cause you to take another look at your retirement savings. If your balance is lower than expected,…