Expert Retirement Planning

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

... date Most major companies offer a loan provision on their 401(k) plans that allow you to borrow against your account and repay yourself with interest.  Most will let you withdraw no more than 50% of your ...

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

... and employers may have tighter restrictions than the IRS.  If an employee elects to make after-tax contributions, the money comes out after taxes have been deducted. There are both pro’s and cons to doing ...

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

... due to compounding interest. For example , a 25 year old who invests $2,000 a year for eight years and never invests an additional dollar after the age of 33 , will earn more by the age of 65 than a 34 ...

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

... your time when you retire, will help ensure that you enjoy your later years. No matter what stage you’re at in your working life, there is no better time than the present to make plans for your future ...

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

... percent less each month than individuals born in the same time frame who wait to begin receiving benefits once they reach the full retirement age. If you want to avoid having to deal with a reduction ...

6. 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 ...

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

... print of your 401(k) than you realized. To make sure that you're as prepared for retirement as you think you are, be sure to take the time to make sure you understand the truth about the terms of your ...

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

... company giving you free money, you're able to enjoy that benefit tax free. What's a better retirement planning option than that? Are You Making Excuses to Avoid Saving for Retirement? If you think you're ...

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

... pay for its 401(k) is dependent on a variety of factors. Small companies often pay more than larger companies, because they have a smaller asset base. Many companies do pay these costs, which employees ...

10. Retirement Plan Progress Check
(Content/Retirement Planning)

... that it's significantly lower than expected. That's why conducting periodic retirement plan progress checks is such an important part of retirement planning. It’s a good idea to sit down one or two times ...

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

... services are likely to be quite a bit more expensive in the years after you retire than they are in the present. 4. Be Realistic About Social Security Expectations No matter how much you may want to ...

12. 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 ...

13. 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 ...

14. 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 ...

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

... bucks over the years, when invested wisely. What matters more than how money much you put away, at least early in your career, is that you develop a habit of saving on a regular basis. If you think you ...

16. Your 401(k) is a Retirement Plan, Not An Emergency Fund
(Content/Retirement Planning)

... You are much better off planning ahead for emergencies by setting aside money in a savings account rather than withdrawing from your 401(k), losing retirement earnings, and having to make loan payments ...

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

... vehicles. What is a Solo 401(k)? The Solo 401(k) is a retirement plan available to self-employed individuals or business owners that do not have employees other than a spouse.  Individuals with sole ...

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. Focus on Long Term Retirement Planning Goals
(Content/Retirement Planning)

... a long term mindset. If you're making plans for ten or twenty years down the road, your perspective on retirement investing should be very different than for an individual within a few months, or even ...

20. Pay Less Tax Post-Retirement With a Roth IRA
(Content/Retirement Planning)

... tax becomes payable only at the time you withdraw funds from the account. These funds are taxed as ordinary income rather than as capital gains. With a Roth IRA, the money you invest goes into the account ...