Early withdrawals can shrink your 401(k) savings. See how to calculate the IRS 10% penalty, and learn about exceptions, SECURE 2.0 updates, and penalty‑free alternatives.

That’s because of the required minimum distribution (RMD) law. Once you reach a certain age, you’re required to withdraw a ...

Morningstar’s new analysis suggests retirees can start with one withdrawal rate and adjust for inflation, but taxes, fees, ...

How does it work? The 4% rule is a popular retirement withdrawal strategy that involves withdrawing 4% of your total retirement savings during your first year of retirement. In subsequent years, you ...

Financial stress is real right now. Maybe your job has been affected, or unexpected health expenses have popped up. The kids are home for the holidays, and it feels like there’s a lot to juggle.

Roth IRA vs Traditional IRA retirement savings decisions are some of the most important financial choices you’ll make when planning for retirement. Choosing between these two types of accounts can ...

June 29--Deciding how much to withdraw from retirement investment accounts can be really confusing. You neither want to withdraw too much too soon -- leaving you broke in your later years -- nor do ...

Planning a comfortable retirement typically means having more control over your finances. You need to take a look at your investments, savings and cash on hand, but you should consider your living ...

The “right” safe starting withdrawal rate is a moving target, depending on equity valuations, bond yields, prospects for inflation, and a retiree’s own life expectancy and asset allocation, among ...

If you've built up a $3 million nest egg, congratulations. That's almost 35 times what the average American has in their retirement accounts. It takes dedication to build up a fund of that size. The ...