Key Points The rule of 55 allows penalty-free 401(k) withdrawals only from your current employer’s plan after separation.

I think this means smoothing my collective pension amount from day one, rather than seeing a 'step up' upon normal retirement ...

What happens when you reach 55? For many, this watershed year marks their buyout or downsizing of a company — meaning retirement. But, Postpandemically, could you survive? If you are... What happens ...

It can be a bit of a tricky tightrope walk to retire alongside one’s partner if there’s a significant age gap. In this piece, we’ll examine the case involving a 12-year age gap. The individual, 55, ...

How Gideon Drucker, President and CEO of Drucker Wealth, is advising his mid-career clients on defining retirement in a way that aligns with their lifestyle and goals.

The average retirement community member has to factor in expenses such as HOA fees, property taxes and buy-in costs. Over 10, 20 or 30 years, the total costs can accumulate differently depending on ...

There's low-cost living, and then there's the freegan-living millionaire featured in this edition of The Next Step, Financial Planning's newest series. The series explores one simple question: What's ...

Not everyone wants to retire early. After all, a 9-5 day job brings steady income, a sense of purpose, and keeps one engaged in physical and mental activity. In fact, so many folks find it difficult ...