When thinking about whether you’re financially prepared to retire or not, you’ll want to think about it in a certain way. You ...

Retirees at least 59 1/2 can tap into tax-advantaged retirement accounts such as 401 (k) plans and IRAs. Those younger than ...

If you're at least 59 ½ years old, you're at the age where you can start tapping into your retirement funds without getting hit with early withdrawal penalties. Retirement is theoretically on the ...

Alvaro Munevar Jr. left his tech job and retired in 2024 thanks to his "secret sauce." He shared how five books helped him ...

I realized I could expedite my retirement date by working smarter ... I retired in September 2024 at the age of 59. In middle-management jobs, I had reasonable work hours compared with colleagues ...

Key factors include lifestyle needs, long-term savings, healthcare costs, inflation and market changes that could affect retirement funds. Working with a financial advisor can help you create a ...

Many Americans save for retirement through a 401(k) offered by their employers, which is wise since the money is automatically taken from their paycheck each pay period and is often supplemented ...

That said, if you have all of your long-term savings in a 401(k), early retirement could become more difficult to pull off. That’s because 401(k)s require you to wait until age 59 and 1/2 to ...

Age 59½: That’s the magic age when you can typically take penalty-free distributions from your retirement accounts. If you’re still working and have a 401(k), it’s also the age when you can ...

Gen X workers can take penalty-free withdrawals from tax-advantaged retirement accounts at age 59 1/2 and can begin Social Security at 62. Creating a budget, changing investment strategies and ...

Retirement planning can be tricky. While retirement planning is different for everyone, there is guidance and data about how much people should save. There are also tips to maximize retirement ...