Retirement
Latest Retirement News
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…
How to Save More for Retirement This Year
Saving for retirement is important because it ensures greater financial stability and independence in your later years. As life expectancy…
What Are the Social Security Trust Funds?
The Social Security Trust Funds are financial reserves established to support the Social Security program in the United States. They…
I’m 64 With $1.2 Million in a 401(k) and $2,800 Social Security Benefit. What’s My Retirement Budget?
For an average single person planning to stop working at 64, a $1.2 million 401(k) account and $2,800 Social Security…
How to Semi-Retire Early: 5 Steps to Know
Semi-retiring early offers the best of both worlds: enjoying more leisure time while still maintaining a source of income and…
How Do I Know When It’s Time to Retire?
Deciding when to retire is one of the most significant financial decisions you’ll make, and getting the timing right is…
Is It Wise to Convert 10% of My IRA into a Roth Each Year to Avoid Taxes and RMDs?
Roth IRAs are not subject to rules on required minimum distributions (RMDs), and qualifying withdrawals from Roth accounts in retirement…
3 Benefits of an IRA Over a 401(k)
Saving for retirement is an important part of financial planning, and choosing the right investment vehicle can make a significant…
