retirement planning
retirement planning Articles
It goes without saying that, ahead of retirement, it’s normal to start reconsidering everything and see what might be missing. Have you set aside enough money? Are your outstanding debts still too...
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The older you get, the easier it is to retire with your nest egg. You don’t have to stretch it out for as many years, and you’ll also be receiving Social Security. However, you still don’t want...
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Retirement is exciting for many people due to the freedom and flexibility that it provides. However, if you retire too early, you risk having to rejoin the workforce at a much older age. Your career...
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A $3 million nest egg gives you a financial advantage and makes it easier to retire. However, living expenses have been on the rise, and some things get more expensive as you get older. For instance,...
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The IRS imposes required minimum withdrawals for traditional retirement accounts once you reach a certain age. While the goalposts have moved a bit, anyone who was born in 1960 or later doesn’t...
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Retirement accounts are valuable resources that allow your money to compound with tax advantages. However, the IRS imposes required minimum distributions once you reach your 70s. The age you have to...
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The stock market has offered tremendous long-term returns, but the risks become more difficult to justify as you get older. A Redditor in the FIRE subreddit recently did something that would be...
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The Confucian Retirement Safety net Mao Zedong’s “One Child Policy” wreaked havoc on China’s population, and is responsible for the abnormal male to female ratio. Although presently at 104.3...
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Building a robust retirement nest egg in your 20s can seem daunting, but the power of compounding makes it possible to turn modest savings into millions by retirement. A 29-year-old Redditor on the...
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$1 million isn’t what it used to be. It’s all you needed 100 years ago to have a luxurious lifestyle, but inflation has reduced the purchasing power of every dollar. Now, $1 million isn’t...
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It takes many years to save up enough money for retirement, and one person finds himself closing in on the finish line. He’s a 54-year-old husband with a wife and two teenagers. He’s accumulated...
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Many people are rushing to retire earlier if their finances are in sufficient condition. That’s part of the FIRE movement, and multiple subreddits explore the growing trend. The Chubby FIRE...
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Buying stocks is one of the best ways to build long-term wealth. You don’t have to manage the asset like you would with real estate, and it can appreciate significantly in the long run. One...
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One of the most complicated decisions anyone can make is whether or not to leave one job for another. Unfortunately, sometimes this decision is made for us, but when it’s not, trying to understand...
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One of the most important decisions anyone can make is how to handle retirement income before and after you call it quits. Arguably, the biggest consideration is handling 401(k) accounts alongside...
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