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The same principle applies when saving money in defined contribution plans, such as a 401(k). Though they have many benefits, withdrawals from these retirement-focused accounts come with a tax bill ...
Preparing for retirement may involve making a few mistakes along the way. Here are four common mistakes you can easily avoid.
Here's a look at how these factors affect how long your savings will last, using Bureau of Labor Statistics data regarding ...
A 65-year-old retiree will face significantly higher lifetime health care costs than they would have a year ago, even with ...
You cannot borrow from an IRA, so you cannot use one as the source of a retirement mortgage. However, you can use assets in ...
A new report from Asset Preservation Wealth & Tax found that as many as 51 percent of retirement-age adults now expect to ...
Based on the 4% rule, you could safely withdraw just $12,000 a year from this nest egg, which is woefully inadequate for any ...
Estimating your post-retirement income isn’t just math, it’s about getting the right data, understanding your service credit ...
A National Bureau of Economic Research study reveals what types of people work and save the most. According to the study, ...
Travel pros explain how you can afford a European vacation in retirement, despite a weak dollar.
As part of this year's "Money Issue" devoted to matters of retirement (airing on August 3), "Sunday Morning" presents this ...