Tag: Retirement Planning
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Don’t raid your retirement accounts—but here’s when you can do it safely, if you have to
[ad_1] This article is reprinted by permission from NerdWallet. The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Raiding your retirement accounts can be expensive. Withdrawing money…
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We have $2 million and plan to retire soon, but we aren’t sure how our 401(k) plans are taxed
[ad_1] I’m 61 years old, my wife is 58. We have saved roughly $2 million in our combined 401(k) accounts. We plan on working for a few more years and then retiring and applying for Social Security at 65 and 62, respectively. Once we do so, we will draw from our 401(k) accounts to supplement…
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‘This has absolutely changed me.’ Alzheimer’s takes a toll on patients and their loved ones.
[ad_1] More than six million Americans have Alzheimer’s disease, and that number will more than double to 12.7 million by 2050, according to the Alzheimer’s Association. What’s often overlooked in this tally is the caregivers and family members who take care of these patients and loved ones, and the toll it takes on them. In…
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Americans reveal their No. 1 financial regret, but advisers say they hear these horrible mistakes the most
[ad_1] If you’re like most Americans, you are probably regretting some of your financial decisions. But first, the good news: Making money mistakes is not the end of one’s journey to financial freedom, Emmanuel K. Eliason, president and CEO of Eliason Wealth Management based in Centennial, Colo., told MarketWatch. It’s more like a detour to…
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Who has the best advice on retirement? Retired people. Here’s what they have to say, from the practical to the down-and-dirty.
[ad_1] I am a student of retirement. In the process of earning an M.B.A. and becoming a Certified Financial Planner, I’ve had many outstanding instructors. But some of my greatest teachers have been the retirees I have befriended or coached over the years. They have the best advice on retirement, from the practical to the…
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The highest rates of Alzheimer’s are in these U.S. counties, new research shows
[ad_1] The eastern and southeastern United States have the highest prevalences of Alzheimer’s dementia, according to new research released Monday at the Alzheimer’s Association International Conference in Amsterdam. The study, by researchers at Rush Medical College in Chicago, includes county-level estimates of Alzheimer’s rates among adults age 65 and older in all 3,142 U.S. counties. …
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Did you inherit an IRA? IRS offers some breathing room on how much you can withdraw this year.
[ad_1] The Internal Revenue Service says many people inheriting IRAs are required to empty out the account within 10 years of the original owner’s death, but the tax agency recently gave some account holders more breathing room. Exceptions to this rule include the original owner’s spouse, a minor child, or an heir who is chronically…
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ABC’s ‘Golden Bachelor’ taps Indiana widower for second chance at love
[ad_1] Boasting a golden rose and a lifetime of experience, Gerry Turner, a retired restaurateur, will star in the new “Golden Bachelor” reality dating show starting this fall. ABC DIS, -2.95% revealed on Monday that the 71-year-old will serve as the central star of the long-awaited spinoff of “The Bachelor” franchise, this one aimed at…