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Even if you’re taking money out of your retirement accounts in a down year, having safer asset allocation means you’ll lose less if the market takes a turn when you’re set to take distributions.
Image source: Getty Images. It's that 8% that's pretty alarming. Although it's a fairly small percentage, it's hard to imagine so many people spending the last few decades of their lives feeling ...
Retirement and a $1 million might seem like a long way away, but starting now can get you there with extra money to spare. More From GOBankingRates Here's the Minimum Salary Required To Be ...
The good news is that you can grow your cash, even in retirement, with certificates of deposit (CDs) that offer high rates of return in exchange for securing your investment with the bank for a ...
You might be thinking your plan for retirement is to regularly take out money from your investments to cover expenses. If so, the volatility of the markets means that income is not guaranteed ...
Long-term care insurance isn’t cheap, but it’s a lot better than wiping out your retirement fund in a matter of years. If you’re in your 50s or early 60s, now is the time to get a policy ...
Making the first retirement account withdrawal is like achieving most other financial milestones; it requires organization and planning. Planning ensures retirees withdraw with the intention to...
Instead of taking money out of your 401(k) and potentially having to pay penalties, you can borrow up to $50,000 from that retirement account. You pay the money back into your account, typically ...
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