Because of the severe financial penalties, withdrawing money early from retirement accounts is not advised. But there are times when it's okay.
If you’re in your 40s, the clock is ticking; you only have about 20 or so years until you reach retirement age.
Although there isn’t just one path to early retirement, here are some essential steps to take if you want to retire by 40.
Boomers who are in their sixties, tune in: The SSA has issued official guidance on the phaseout of
two popular claiming strategies.
Time seems to fly by like a speeding train. Years pass in the blink of an eye, and now you’re behind on your retirement savings. What to do?
Just because you don't have a 401(k) doesn't mean you can't retire in
style. Some plans allow
you to save even more than you can with a traditional 401(k).
When you're young and vigorous, retirement seems far off.
But putting off saving is a mistake.
If you're eligible for a traditional pension, you'll be faced with
important decisions that could affect your financial security.
Women and men have the same opportunities for saving, investing and
Yet their circumstances can be very different.
For senior citizens age 70 1/2 or older who have not yet taken the
annual required minimum distribution from their IRAs, time is running