Key Points The 4% rule has long been the gold standard for retirement plan withdrawals. The rule fell out of favor for a ...

A record 4.8% of 401(k) account holders took hardship withdrawals last year, up from 3.6% in 2023, according to a report from ...

A retirement budget has two major parts: income and expenses. Income can come from many sources, including Social Security or ...

It may be time to give the 4% rule an upgrade. Retirement planners have used the popular guideline for their retirement ...

Most people's default way to save for retirement is a 401 (k) because it's offered through their employer and can be done ...

Today’s stock market dip will shrink drawdown pots, although history suggests markets recover from bouts of volatility given ...

Retirees who are using the 4% withdrawal rule on autopilot are putting themselves at risk for market conditions that can ...

Once you establish a retirement account, such as an IRA or 401(k), you want to maintain your balances and obtain tax-free ...

There’s a reason many people opt to save for retirement in a traditional IRA. These accounts offer a tax break on the money ...

The FEHB program provides health coverage, with the government covering 72% of the cost. Employees can maintain their FEHB ...

In this case, the tax hit could be even greater. Thanks to Reeves, many families may pay both income tax and inheritance tax ...

By leveraging tax-advantaged accounts and products, you can build a retirement plan that maximizes growth, minimizes taxes ...