Personal Finance

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I’m 72 With a Year Left Before RMDs. Here’s How I’m Shrinking Them Now.

At 72, you may find yourself one year away from required minimum distributions (RMDs), but…

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What the Fed’s first rate hike in years means for your wallet

The Federal Reserve's first interest rate hike in more than three years is likely to…

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Early Retirement With a Roth Ladder: Strategy and Examples

A Roth conversion ladder can help early retirees access retirement savings before age 59 ½…

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We Retired at 63. Tapping Our 401(k) Before Social Security Changed Everything.

Retiring at 63 can create an income gap if you delay Social Security. One option…

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Mega Backdoor Roth 401(k): How to Max Tax Benefits

A mega backdoor Roth 401(k) can give high earners a way to save even more…

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I’m 40 With 25 Years to Retire. Ignoring My 401(k) Match Could Cost Me Almost $165,000.

Skipping a 401(k) match at age 40 could cost you more than the amount your…

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Social Security Check at 62 vs. 70: How Much Can You Get?

Choosing between claiming Social Security at 62 or waiting until 70 can create a wide…

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Social Security at 62 vs. 65: What Is the Break Even Point?

Claiming Social Security at 62 gives you three extra years of payments, but each monthly…

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Social Security COLA vs. Medicare: Will Your COLA Cover Higher Premiums?

Each year, Social Security benefits may increase with a cost-of-living adjustment (COLA), but higher Medicare…

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I’m 65 With $900k and No Pension. Here’s the Monthly Income That Actually Lasts 30 Years.

If you’re 65 with $900,000 and no pension, the income your portfolio can provide depends…

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