Previous guides on Social Security, withdrawal rates, retirement accounts, RMDs, portfolio risk, taxes, and building a retirement paycheck.
No, Social Security is not projected to run out of money in 2032. The 2026 Social Security Trustees project that the Old-Age and Survivors Insurance (OASI) Trust Fund, which pays…
The 4% rule is a retirement-withdrawal starting point, not a promise. The basic idea is simple: withdraw 4% of your portfolio in the first year of retirement, then adjust that…
A retirement plan distribution is simply money coming out of a retirement account. But the tax result depends on why the money is coming out, which account it comes from,…
If your Social Security payment was higher than expected, the first thing to figure out is whether you received a separate extra deposit or your normal monthly benefit increased. Those…
Have you ever wondered if $4,000 a month is the magic number for a worry-free retirement? Do you think think that you can live on $4,00 a month in retirement?…
How long your money will last in retirement depends mostly on how much you withdraw, how long retirement lasts, what your investments earn, inflation, fees, and how much of your…
If you have to take an RMD but do not need the money for living expenses, you have several good options: give eligible IRA dollars directly to charity through a…
When should you take Social Security: at 62, at full retirement age, or at 70? The frustrating answer is that the best age is not the same for everyone. But…
“What is a good monthly retirement income” or “How much do I need to retire?” – these are questions, often clouded with uncertainty, that loom large in the minds of…
Most Social Security recipients are paid on the second, third, or fourth Wednesday of the month, based on the birthday of the person whose earnings record the benefit is paid…
