Retirement
Latest Retirement News
How Much Money Does a Couple Need to Retire?
Planning for retirement as a couple adds another layer of complexity to what’s already an important financial goal. If you’re…
How Much Should I Have in Retirement Savings at 55?
At 55, many people are about 10 years from retirement and may wonder how much they should have saved to…
At What Age Can You Retire With $1 Million?
For many Americans, $1 million is the benchmark for a secure retirement. But in today’s economy, at what age you…
When Should I Take My First RMD?
You may not be thinking about required minimum distributions (RMDs) throughout your career, but chances are that they’ll be on…
We’re 62 and Have $1.6 Million in Our 401(k)s. Should We Pivot to Roth Contributions?
By your early 60s, you’ll likely be paying close attention to your finances and retirement savings. This may include making…
The 5 Worst Retirement Mistakes to Avoid at All Costs
To do retirement right you need a disciplined savings plan, a good understanding of Social Security, a sound investment strategy…
We Are 65 With $1.9 Million in a 401(k) and IRA, and $5,200 Monthly From Social Security. What’s Our Retirement Budget?
To really build a complete retirement budget as a couple, you’ll need to take into account both potential income sources…
I’m 62 With $1 Million in a 401(k). Should I Convert $100,000 Per Year to a Roth IRA to Avoid RMDs?
Retirees with significant assets often have to plan around required minimum distributions (RMDs). If you already have sufficient income and don’t…
The Cost of Living in a Retirement Community in Every State
Retirement living communities aim to fit needs of people age 55 and older, with amenities such as housekeeping, maintenance, organized…
I’m Selling My House and Netting $800k. Can I Avoid Taxes While Downsizing for Retirement?
When you sell a primary residence, the IRS allows you to exclude from your capital gains taxes the first $250,000…
