Financial advice professionals have used the 4% rule as a benchmark for advising their clients in scheduling their retirement ...

Investment researchers have been playing around with the 4% rule, looking for ways that retirees can safely spend more on ...

Fortunately, there are many exceptions to the 10% penalty on early retirement distributions. Some apply to both IRAs and 401 ...

One way to mitigate this issue is to keep some portion of your portfolio in cash or short-term bonds to meet short-term needs. You can rely on this cash buffer when the market is down, your ...

On the other hand, if you have a chronic illness and don’t expect to live into your 90s, you could consider a higher rate.

Believe it or not, the IRS can penalize you if you don't use your money. Yes, you read that right, the U.S. government ...

In 2022, the last year for which there’s data available, the average retirement savings balance for 65- to 74-year-olds was ...

A lot of people set a goal of being able to retire with $1 million. So if you’ve managed to save $4 million for retirement, you probably know that you’ve landed in a pretty good spot. This especially ...

Of course, with any federal process, you’ll have forms to fill out. If you are a Federal Employee Retirement Systems (FERS) employee, get SF 3017, “Application for Immediate Retirement.” Oldsters who ...