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

The 4% Rule is arguably the most famous strategy for making sure your retirement income lasts long. Developed in the 1990s, it offers an evidence-based answer to most retirees’ question: “How much can ...

It’s easy to assume that if you retire with $1 million or $2 million saved, you have enough to “take what you need.” But ...

During challenging financial times, people often consider withdrawing money from their 401(k) plans. Balances in 401(k) plans are deceiving. They are not like checking accounts where what you see is ...

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.

Keep adjusting your portfolio based on your income needs and spending goals. If there's a year when you want to take a big trip and do some home renovations, see if it's possible to work with your ...

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

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.

When times are tough and household budgets are under severe strain, taking cash out of your 401(k) plan can provide some relief. However, it’s best to be cautious, as there are specific rules related ...

A comfortable, luxurious early retirement is the goal of the Fat FIRE community, with $10 million in savings seen as a base target to shoot for. With that amount, a safe withdrawal rate can generate ...

Almost half of America's youngest workers are raiding their retirement accounts just to get by, a new report has found. Payroll Integrations' 2025 Employee Financial Wellness Report found that 38 ...