Saving for retirement in a 401(k) comes with several valuable advantages. Your contributions are made with pre-tax dollars, ...

If you're turning 55 in 2026, there are some important things you need to know in the context of retirement planning. Here ...

The average 401(k) balance at age 55 may surprise you. Here's how your savings compare and what steps you can take now to ...

Retiring early with a 401(k) requires understanding how to access funds before the standard retirement age without triggering heavy penalties. This involves leveraging strategies like Rule 72(t) ...

If you try to withdraw early from just about any retirement plan, you'll be slapped with a penalty—an incentive to leave your money alone and let it build toward retirement like you always intended.

“Your mother-in-law is moving in,” my wife said with a smile — a smile I didn’t return. Then came nervous laughter, followed by a serious conversation. Her mother has been living alone, and with ...

Conventional wisdom has long held that retirees should plan on spending 4% of their savings in the first year of retirement and then spending that same amount, adjusted for inflation, every year after ...

The 'Common Man' rule is for the 'armchair' retiree. It’s a conservative way to live comfortably and leave the rest to heirs.

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But the rule no longer stands, says its inventor, Bill Bengen. Instead, he recommends retirees plan on spending 4.7% of their savings in their first year and every year after, adjusted for inflation.