How Is Retirement Income Taxed? A Simple Guide to Keeping More of Your Money
Introduction You have worked hard for decades. You have diligently saved and invested in your 401(k)s and IRAs, building a nest egg for your future….
Category: Retirement Planning
What Is the FIRE Movement? A Guide to Financial Independence and Early Retirement
Introduction For most people, the traditional concept of retirement is a familiar one. You work for approximately 40 years, diligently saving a portion of your…
Navigating the Retirement Transition: Your 5-Year Financial Checklist
Introduction For decades, you work hard, save diligently, and invest for your future. You focus on accumulating a “magic number” in your retirement accounts that…
What Is an Annuity? A Guide to Creating a Private Pension
Introduction For past generations, the idea of retirement was often built on the foundation of a traditional pension plan. It was a promise of a…
What Is Social Security? A Guide to Your Retirement Cornerstone
Introduction When you plan for your retirement, you likely focus on the accounts that you control directly. You track the growth of your 401(k), you…
What Is the 4% Rule? A Guide to Making Your Retirement Savings Last
Introduction You have spent your entire working life diligently saving and investing for retirement. You have built a substantial nest egg in your 401(k)s and…
What Is a Spousal IRA? A Guide to Retirement Savings for Couples
Introduction One of the most fundamental rules for saving for retirement is that you must have earned income to contribute to a retirement account like…
What Is a 401(k) Vesting Schedule? A Guide to Keeping Your Employer’s Match
Introduction The 401(k) employer match is one of the most powerful perks of modern employment. It is often described as “free money,” and for good…
What Is a 401(k) Loan? A Guide to Borrowing From Your Retirement
Introduction You may find yourself in a situation where you need a significant amount of cash. Perhaps it is for a down payment on a…
How to Start Planning for Retirement, Even With a Small Budget
Introduction Does the word “retirement” feel like a distant concept, something reserved for financial experts or people with six-figure salaries? For many young adults and…