Making your savings last is essential in retirement. Use our savings withdrawal calculator to see how far you can stretch your nest egg.
This article discusses what you might expect your RMDs to be if you have $1 million inside your retirement accounts, and I'll do so across a range of ages and marriage scenarios. I'll also show you ...
I would love to see some ideas on managing finances once in retirement. The timeline to invest is much shorter. You have talked about RMDs but how to manage the balance would be helpful. –Karen ...
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 ...
The classic 4% rule for retirement withdrawals was built for a bygone era. Learn why it's less reliable today and how to build a flexible spending plan that fits your life.
The No. 1 financial goal for most Americans is to stop working. Once they retire, their primary goal becomes not running out of money.
In our recent annual study on safe withdrawal rates, my colleagues Tao Guo, Jason Kephart, Christine Benz, and I looked into a variety of strategies that retirees can use to manage portfolio ...
Are you feeling overwhelmed by Roth IRA vs Traditional IRA tradeoffs? Then add terms like Deductible, Non-Deductible, MAGI, RMDs, phaseouts—it can feel like you need a tax degree just to choose an ...
Bill Bengen, the father of the 4% rule, agrees that a 4% withdrawal rate doesn't work for everyone. Most retirees can withdraw more without worrying about running out of money. The ideal withdrawal ...
One of the more underrated retirement strategies you can consider today is the Health Savings Account. Essentially, a tax-advantaged savings account that can help you pay for medical expenses like ...
In terms of tax, when you reach your NMPA you will be able to access up to a quarter of your pot tax-free, up to a maximum of ...