Retirement
Latest Retirement News
How to Retire at 62 With Little Money: Tips and Example
Retiring at 62 with little money can feel daunting, but it is possible with the right strategies. Many people reach…
Do Pensions Run Out of Money? Rules and Risks
For generations, pensions have been regarded as the gold standard of retirement security, offering guaranteed income you can count on…
80% Rule for Retirement: How It Works and Example
Retirement planning often comes down to one big question. How much money will you really need to maintain your lifestyle…
What Is a Group Annuity? Common Uses, Pros and Cons
A group annuity is a retirement savings contract typically offered through an employer that pools contributions from multiple participants to…
Pension vs. 403(b): Pros and Cons for Each
Pensions and 403(b) plans represent two distinct ways to save for retirement, each with its own structure and advantages. A…
Early Withdrawal Penalties for Annuities and Exceptions
Because annuities are designed to provide long-term income, accessing funds too early can trigger an annuity early withdrawal penalty. Insurance…
I’m 63 With $1.35 Million in My IRA and a $2,200 Social Security Check. What’s My Retirement Budget?
By your 60s, most of your retirement foundation is already in place. While you may still have a few years…
403(b) vs. Pension: Retirement Plan Comparison
A 403(b) plan is common in public schools, nonprofits and religious groups. It is a defined contribution plan where employees…
Can I Withdraw From My 457 While Still Employed?
Planning for retirement often comes with questions about when and how you can tap into your savings. One such question…
How Long Does It Take to Get a 401(k) Loan?
How long it takes to get a 401(k) loan can vary depending on your employer, plan administrator and whether your…
