Withdrawing money from your 401(k) before age 59½ can leave you with a big bill for penalties and taxes if you don’t know what you’re...
Retirement Planning
All Retirement Planning Articles
Average Social Security Check by Age
The Social Security Administration stopped mailing out benefits estimates back in 2011, leaving many of us unclear about how large our Social Security payments will...
Rule of 55: What You Should Know for Early Retirement
People who are looking for information on how to retire early often perk up when they hear about the “Rule of 55,” an exception that...
What Changes Are Coming to Social Security in 2025?
The COLA that matters most to retirees isn’t Coca-Cola. It is the Cost-of-Living Adjustment (COLA) that the Social Security system institutes annually to account for...
Solo 401(k) vs SEP IRA: Which Is Better for You?
Either a solo 401(k) or a SEP IRA can be a compelling retirement-savings vehicle for self-employed people and small business owners. But which is the...
Best Jobs for Retirees
Retirement no longer means what it meant to our parents. According to T. Rowe Price, about 20% of retirees are working part- or full-time, and...
Are Your Retirement Savings Falling Behind?
Prospects for Americans’ retirement have gotten brighter of late. Less than 40% of working-age American households are at risk of being unable to maintain their...
Are You Using Target-Date Funds Correctly?
About 85% of 401(k) retirement plans offer target-date funds, according to the Employee Benefit Research Institute and the United States Government Accountability Office. These professionally...
Retirement Planning When Your Spouse Is Much Older or Younger Than You
Nearly ten percent of marriages are of individuals who are separated in age by a decade or more. While we often hear that age is...
When Do RMDs Start? 10 RMD Strategies
If you turned 73 in 2024, the time to take required minimum distributions (RMDs) has arrived. Starting in or shortly after the year in which...
Best and Worst States to Retire
Nearly two of every three Americans are more worried about outliving their retirement savings than they are about dying, according to a recent survey by...
4 Reasons to Take Social Security Benefits Early
If you’re planning for retirement, you’ve probably heard this warning many times—don’t claim your Social Security benefits early. Social Security benefits can be started as...
