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

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 ...

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

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 ...

The decisions you make in the four to five years right after you hit that pivotal age can have a big impact on the rest of your retirement. Your life can break down into three phases when it comes ...

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 ...

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 ...

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 ...

Additionally, qualified funds cannot easily be accessed before age 59 1/2 without potential penalties. Finally, the absence of an active income source in retirement can make obtaining mortgages ...

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 ...