Retirement
Latest Retirement News
What Is a Self-Invested Personal Pension (SIPP)?
A self-invested personal pension (SIPP) is a type of pension plan offered in the United Kingdom that allows individuals greater…
Estimating How Much to Save for Retirement at 40
By age 40, you should have a clear plan for retirement savings. The first step is to evaluate your current…
Retirement Plan Options in the United States
Retirement planning in the United States offers a variety of options tailored to meet different financial goals and needs. You’ll…
10 Signs That You’re Financially Ready to Retire
Determining when it’s time to retire involves recognizing key financial indicators that signal readiness. Signs that show you’re financially prepared…
I’m 62 With $1.6 Million in My 401(k). Should I Convert $160,000 Per Year to a Roth IRA to Avoid RMDs?
Converting your 401(k) to a Roth portfolio will allow you to entirely avoid RMDs. This is a legitimate form of…
Should I Take a $250,000 Lump Sum or $2,750 Monthly Payments for My Pension?
Workers with defined benefit pensions may be offered the chance to collect a one-time, lump sum payment instead of monthly…
How to Create an Investment Plan for the Retirement You Want
Before you can create an investment plan for the retirement you want, you’ll want to think about your desired lifestyle.…
When I Claim My $3,000 Social Security, Will My Wife Automatically Get a Spousal Benefit?
When you file for Social Security, your spouse becomes eligible for payments known as spousal benefits. However, they won’t receive…
How to Consolidate Your Retirement Accounts
Consolidating your retirement accounts can simplify your financial planning, reduce fees and provide a clearer picture of your overall savings.…
How to Make a 401(k) Hardship Withdrawal
Facing financial hardship can be an overwhelming and stressful experience, especially when it feels like your options are limited. You…
