Expert Retirement Planning

1. How to cash out your 401(k)
(Content/Retirement)

When struggling financially it can be tempting to dip into your 401(k). If you are under 59.5 yrs of age, this is an option that should be given some consideration, as it could cost you dearly. You will ...

2. How is your 401(k) taxed?
(Content/Retirement Planning)

... withdrawn, either before or after retirement. If you withdraw from your 401k before retirement, which is something you should not do unless absolutely necessary, you will be penalized for doing so. The ...

3. How much should I save for Retirement
(Content/Retirement Planning)

... with a business venture of some kind or part time work that will keep you afloat past your first available withdrawal date. Where possible, you should always put away the maximum amount that you can into ...

4. How to plan for Retirement
(Content/Retirement Planning)

A happy and stress free retirement is something everybody deserves after a lifetime of work. This can be attained with a little planning and forethought. Taking the time to envision how you’d like to spend ...

5. Social Security and Retirement Planning
(Content/Retirement Planning)

When making plans for retirement, it's important to spend some time thinking about how social security will fit into your plans. It's possible to start social security benefits at the age of 62. The earlier ...

6. How Changing Jobs Can Affect 401(k) Plans
(Content/Retirement Planning)

... that your company is matching a portion of your contributions to your 401(k) plan won't do you a bit of good if you leave the organization before you are fully vested. Some companies offer immediate vesting, ...

7. What You Might Not Know About Your 401(k)
(Content/Retirement Planning)

Do you know as much as you should about your 401(k) account? Many people who think they have all the facts about retirement planning and saving via a 401(k) are surprised to learn some basic truths about ...

8. Understanding Retirement Plan Rollovers
(Content/Retirement Planning)

... some people, it's generally not the best course of action. If you're not yet at retirement age and you take money out of your 401(k) – even if it is through a company that you have left – you're going ...

9. 5 Retirement Planning Tips
(Content/Retirement Planning)

... too important to try to navigate on your own. Ask your friends, coworkers and family members for recommendations of their trusted financial planners. Interview several professionals until you find someone ...

10. Understanding Your Employer Sponsored 401(k)
(Content/Retirement Planning)

... maximum vesting times on qualified retirement plans, some companies allow employees to become fully vested in a shorter period of time than is mandated by law. Keep in mind that if you do leave your job ...

11. Make Room in Your Budget for Retirement Savings
(Content/Retirement Planning)

... you don't have extra money in your budget. However, you also want to be able to retire at some point in the future. That's why it's so important to make room in your budget for retirement savings. If ...

12. Save Money Now Through Tax Deferred Retirement Savings
(Content/Retirement Planning)

... are able to postpone paying taxes on part of your income by investing for your future financial security. In some cases, people even see an increase in disposable income as a result of smart retirement ...

13. The Importance of Power of Attorney
(Content/Retirement Planning)

... on. Even though no one likes to think that accidents or illnesses may strike, it's a fact that once something happens that renders and individual incompetent to make legal decisions, it's too late to take ...

14. Small Changes Make Big Differences in Retirement Planning
(Content/Retirement Planning)

... can't afford to start planning for retirement now, stop and take a look at your spending habits. Think long and hard about some of the things you spend money on that you really don't need. You might not ...

15. Life Insurance: An Important Part of Sound Retirement Planning Strategy
(Content/Retirement Planning)

... life insurance programs that are most closely aligned with your needs and those of your loved ones. Some financial planners are able to sell life insurance products to their clients. Even if you're retirement ...

16. Top 3 Reasons to Avoid Retirement Planning
(Content/Retirement Planning)

If you don't want to plan for your retirement, here are some reasons you can share with the friends, relatives and financial advisors who keep bugging you to start saving money. After all, it's you life. ...

17. Is a Solo 401(k) Right for You?
(Content/Retirement Planning)

... funded by the end of a given calendar year to be counted for that year.   Investors cannot contribute into the following year and have it count toward the previous year, as can be done with some retirement ...

18. Why You Need a Retirement Planning Timeline
(Content/Retirement Planning)

... like to retire "someday", you'll find that it is easy to put off making the investments and retiring planning decisions that you really need to take care of sooner rather than later. However, when you ...

19. Check Progress With a Retirement Plan Review
(Content/Retirement Planning)

... planning goals, it's important for you to keep a close watch on how your investments are performing. It is an error in judgment to simply put money into the investments you chose at some point in the ...

20. The Importance Of Health Insurance To Retirement
(Content/Retirement Planning)

... about the Medicare program and they should get a quick refresher course before they are subject to some very unpleasant surprises. Most individuals are eligible for Medicare when they have retired from ...