Expert Retirement Planning

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

... penalty. You must take a fixed amount of money out for five years or until you reach 59-1/2, whichever is longer. The annual withdrawal amount is based on your life expectancy. If you choose 72(t) payments ...

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

... employee is taxed at the "ordinary income" rate, falling into whatever tax bracket they happen to be in at the time, even if they have retired. If you do change jobs, as long as you rollover your 401k ...

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

... in a few years and no longer contributing to Social Security funds. Your retirement income does not just depend on the amount you save, it also depends on the performance of the funds you invest in. It ...

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

... set on travelling or you want to buy a second home, you will need to save about 10 percent more. Planning for the possibility of living longer than you now expect is also recommended. Consider the possibility ...

5. 4 Top Tips for Retirement Planning
(Content/Retirement Planning)

... Expectancy While there are no guarantees, it's a fact that people are living longer today than ever before. When planning for retirement, it's important to make sound decisions that will allow you to ...

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

... but many organizations have a waiting period for vesting. Disclosure is required, so make sure you understand exactly how long you have to stay to realize the benefits from your employer's contributions. ...

7. Beware of Retirement Planning Mistakes
(Content/Retirement Planning)

... to use a retirement planning calculator. Think about your long term goals and consider how much money you'll need to accomplish them. Use a reliable calculator --or the advice of a qualified retirement ...

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

... The idea, of course, is that you'll save tax dollars in the long run, because you'll be in a lower tax bracket after retirement than you're in during the height of your career.  ...

9. Protect Your Future Today with Sound Retirement Planning
(Content/Retirement Planning)

... security at risk. No matter how long you have until retirement, it's a fact that now is the time to start saving if you want to avoid having to continue to work well past the age that you should be able ...

10. Getting a Head Start on Retirement Planning
(Content/Retirement Planning)

... much money you'll need at retirement, and how long you plan to work before you actually do retire, you'll be able to determine a plan of attack for saving for retirement. A qualified financial planner ...

11. 5 Retirement Planning Tips
(Content/Retirement Planning)

... on it as your sole source of retirement income. 5. Plan for a Realistic Lifespan Today's population has a longer lifespan expectancy that any of the past generations. Of course, none of us knows exactly ...

12. Understanding the Roth IRA
(Content/Retirement Planning)

... on the interest earned on the account during the time the money was invested. As an added benefit, with Roth IRAs there is no time limit on how long the money can continue to accrue interest. With a traditional ...

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

... out is the vesting cycle associated with your company's 401(k) benefit. Company matches are great, as long as you plan on being with the company long enough to become vested in the plan. While ERISA sets ...

14. Social Security Considerations for Retirement
(Content/Retirement Planning)

... you will receive will be significantly less than if you wait longer to utilize your benefits. If you're planning to start drawing social security benefits when you turn 62, it's important that you realize ...

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

... you need to quit working when you're ready to retire. The longer you put off saving for retirement, the less chance you will have of accumulating the wealth that will allow you to enjoy the type of retirement ...

16. Don't Touch Your 401-k Until Retirement
(Content/Retirement Planning)

... years longer than you would prefer. Before you dip into your 401-k to take care of pre-retirement bills, it's important to investigate every possible alternative to this action. If you're thinking about ...

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

... age and wishes they'd waited longer to start saving.  ...

18. Stop Making Excuses About Retirement Planning
(Content/Retirement Planning)

... is never to early to start planning for retirement. Putting away just a few dollars out of each pay check while you are in your twenties and thirties can go a long way toward helping you build a generous ...

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

... only when one or more physicians determines that an individual is no longer mentally or medically capable of handling his or her affairs. Such a decision can be made based on severe dementia, medication ...

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

... the kind of wealth they need to enjoy the retirement lifestyle of their dreams. The longer you wait to start saving for retirement, the less likely it is that you will be able to enjoy the financial freedom ...