Failing to comply with required minimum distribution (RMD) rules may incur a penalty but the timing can be complex. The ...

To determine the RMD amount, you can use a worksheet provided by the IRS ... can withdraw up to $10,000 from their IRA ...

Retirement planning is a crucial aspect of financial management that often gets overlooked until later in life. Life is full of uncertainty but few things are certain and retirement is one of them.

The right fit will depend on how deep of a dive you want to take into your retirement plan, as certain tools offer a great overview, while others walk you through every step at a very detailed level.

When you first meet a retirement planner, it’s crucial to understand their professional background. Ask about their certifications or designations. Certifications like CFP (Certified Financial Planner ...

Creating a solid retirement plan is much like planning a road trip — without a clear destination and a map to guide you, it’s easy to get lost. Learn More: 7 Things You’ll Regret Downsizing ...

Here are three useful mental models to consider as you embark on your retirement planning journey, borrowed from Shane Parrish’s The Great Mental Models Volume 1. Maybe you aren’t sure where ...

This will often include budget and lifestyle considerations. If you can avoid financial pitfalls and other retirement planning mistakes, you’ll increase your chances of enjoying a comfortable ...

As we transition into our golden years, it’s crucial to approach retirement with a well-prepared plan to ensure financial stability. Taking a hard look at your budget now in your working years ...

Unfortunately, only half of Americans have calculated how much they need to save for retirement — leaving many people ...

If you’re approaching retirement or have recently retired, it’s only natural that you’re looking forward to your newfound freedom. You might be planning to travel, pursuing your hobbies and ...