When it comes to 401(k)s and IRAs, the author of today’s article argues that “Gambling away your retirement funds in a government-sponsored game of chance is a game you have little hope of winning.” Instead, he asserts that if you want to retire for real (and early), the key is attaining financial freedom – which requires focusing on cash flow…
When it comes to amassing enough wealth to be able to fund the retirement lifestyle of your choosing, there are a number of potential sources to consider beyond a 401(k), including Social Security, pensions…and employee stock options. In regards to the latter, how can employee stock options be best incorporated into one’s overall retirement plan? Acknowledging that “the answer can…
What’s the best way to ensure that your retirement funds will last as long as you do? A research team at Stanford sought to answer that question, and after analyzing 292 retirement income strategies, has identified what it believes is the best strategy – one which “produces more average total retirement income expected throughout retirement compared to most solutions… and…
Who says retirement portfolios have to be complicated? Whether you are in the pre-retirement accumulation phase or are already in retirement, and whether you are looking for single-fund options or want to take a building-block approach to your retirement investments, today’s article highlights a number of funds that allow you to “skinny things down by focusing on investments that provide…
Required minimum distributions from tax-deferred retirement accounts are, as the name indicates, required once one reaches the age of 70 ½. For those who don’t need to tap their retirement funds, RMDs create a tax obligation – and risk pushing them into a higher tax bracket. Fortunately, today’s article outlines a number of strategies “that can be leveraged to manage…
Approximately 10,000 baby boomers are retiring every day – and many may find that saving for retirement was actually the easy part, while the real challenge will be making sure that their nest eggs last as long as they do. Today’s article highlights one financial tool that may be of assistance to retirees who want to avoid running out of…
Whether you are in your 20s, 30s, 40s, 50s, or 60s and beyond, today’s article has some tailor-made investing guidance for you – including some specific funds for those in each decade of life to consider. In addition, the article examines whether – contrary to conventional wisdom – a 50-50 stock/bond split may be appropriate for retirees, as has been…
Today’s article has a simple message: You should retire with buckets of money. This seems obvious enough – you want to build as large of a retirement nest egg as possible. The buckets of money referred to in this case, however, are figurative – part of a mental accounting strategy whereby retirement expenses are broken down into “buckets” and then…
“This is a big deal and it will help a lot of people,” declares a certified public accountant in today’s article on the Internal Revenue Service’s easing of a rule that previously had retirement savers who exceeded the 60-day window for IRA rollovers face substantial taxes and penalties. Under the new relaxed guidance, retirement savers who do not roll over…