It is a serious problem that the American middle class is increasingly approaching retirement age without enough money to support themselves. Recent data from Transamerica Institute reveals that 33% ...
For many Americans, retiring can feel pointless. If you put all of your savings information into the fixed-income calculator and realize your nest egg is coming up short, it may cause you to delay ...
Some people will spend decades saving and investing for retirement, only to discover that they missed a step along the way. That commonly "missed" step? Devising their plan for decumulation − in other ...
In a recent paper, two economists from opposing ideological camps made a provocative case: The federal government should abolish the 401(k) and Individual Retirement Account, the tax-sheltered savings ...
The order in which you withdraw money from retirement accounts can significantly impact how much you owe in taxes. One of the most popular withdrawal strategies involves drawing from taxed accounts ...