When thinking about whether you’re financially prepared to retire or not, you’ll want to think about it in a certain way. You have a lifestyle that you would like to maintain, and a portfolio that can ...

Veronica Cunningham, of Charlotte, hoped to retire this year, and now she can after a second-chance drawing delivered her a ...

Socking away money for retirement is something that’s top of mind for many people. Here's what to know about traditional and ...

They can also help identify your income options, which is the next step in this process. Retirees at least 59 1/2 can tap ...

Let’s say, for example, that you’re in your early 60s and you’re planning to retire within the next year. You earn $200,000 ...

© 2025 The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

you would still have $1.2 million, but is any other part of it illiquid? Let’s assume not and it’s all in a combination of cash, CDs, bonds, shares of stocks, mutual funds and retirement ...

Castellano was hired by Pat Bowe, who served as CEO from 2015 until transitioning to chairman last October. At that time, The ...

The 59-1/2 rule imposes a 10% penalty on early IRA or ... This option would work well for someone planning to retire early. It is not without risk. Once made, you are basically locked into this ...

The “catch-up” rule enables workers over the age of 50 to contribute amounts beyond the standard limits imposed on younger ...

When planning for retirement, even if that’s a decade or ... It’s not required that you begin making withdrawals at age 59 1/2. For 401(k) accounts and traditional IRAs, the required ...

Although saving and investing for retirement looks different for everyone, the end goal is typically the same for most people ...