To make sure these withdrawals are made, the IRS enacts required minimum distributions (RMDs), which become required the year you turn 73. The amount of these RMDs is based on two factors: your age ...

A few seemingly minor factors can make all the difference between success and failure.—such as the time of year when a retiree withdraws each year’s allotment.

With the year drawing to a close, individuals with pre-tax retirement accounts should familiarize themselves with the ...

For years, financial advisors have drilled the so-called "safe withdrawal rate" into the heads of retirement planners. The rule of thumb? Live on 4% of your nest egg per year, and your money should ...

Morningstar‘s new safe retirement withdrawal rate is 3.7% Estimate is based on forward-looking market return assumptions High stock valuations and lower bond yields influenced the reduction Goal is to ...

Retirement is a time to relax and enjoy life without the stress of daily work, but it also brings the challenge of managing ...

The rule of $1,000 may help you figure out how much dough you need to save for retirement. You can guess, of course. Or go with a big number like $1 million, or even the $1.6 million that 401(k) plan ...

If you’ve been diligent with your savings and managed to amass a retirement fund of $2 million, you’ll likely be in pretty good shape for retirement. But while $2 million might feel like a lot, there ...