Withdrawals
Showing 47 results of 47
401(k) Early Withdrawals May Cost You More Than You Think
Mar 26 2024
Americans are taking early withdrawals from their 401(k)s at record rates “across different ages and income levels.”¹ According to Capitalize, “Half of Americans have made early...
401kmaneuver.com
How to Pay Less Tax on Retirement Account Withdrawals
Mar 21 2024
Avoid penalties and minimize taxes when you pull money out of your 401(k) or IRA....
money.usnews.com
How do you manage withdrawals from your IRA in retirement?
Mar 15 2024
I've read that it's recommended to pull out 4-6% annually from one's IRA to subsidize retirement income. Assuming 6% withdrawal per year at my current value, that nets me an additional $1000 per month...
reddit.com
Trading Options: A Primer (Options Series Part 11)
Mar 08 2024
March 7, 2024 – My claim to fame in the personal finance and early retirement community is my Safe Withdrawal Rate Series, which has now grown to 60 parts. But I also have another passion: tradi...
earlyretirementnow.com
Spitballing Retirement for Fat Wallets - 470
Feb 28 2024
Barney and Betty in Maryland hit the jackpot. How’s Barney’s strategy for net unrealized appreciation, retirement withdrawals, and asset location for his $5 million employee stock ownershi...
purefinancial.com
IRA/ 401K Withdrawal 4% rule-of-thumb
Feb 12 2024
There is a common rule-of thumb that 4% can be withdrawn from a IRA or 401K account each year in retirement, and the balance of the account should not go down. What would be the reasons for a retired ...
reddit.com
If You Want to Retire in 2025, Here's What You Need to Prep Now
Feb 07 2024
Here's how to strategize withdrawals, optimize tax advantages and beat inflation ahead of a 2025 retirement....
money.usnews.com
Safe Withdrawal Rate Myths: Debunking 3 Common 4% Rule Mistakes
Feb 07 2024
The 4% rule helps us understand how much we can safely take out of our portfolio each year without running out of money in retirement. Yet, as simple as the 4 percent rule seems, the practical implica...
buzzsprout.com
Roth Conversions to Pay Less Tax on Retirement Withdrawals - 466
Jan 31 2024
Should Peter LemonJello, who has high income, and his wife, who is retired with zero income, file their taxes as married filing separately so they can start Roth conversions? What are the tax implicat...
purefinancial.com
How Retirees Can Withdraw Money From Their 401(k)
Jan 25 2024
Take the time to develop viable sources of lifetime retirement income, then go enjoy your retirement....
forbes.com
CouponCabin Review 2024: A Real User's Thoughts
Jan 20 2024
Our CouponCabin Review: 4.5 Stars CouponCabin offers a straightforward way to earn and save, with robust cashback and coupon offers. They allow for daily withdrawals once you’ve hit the payout t...
thinksaveretire.com
Should I Withdraw from My IRA to Pay Off My Mortgage?
Dec 27 2023
One of our listeners actually has a better mortgage rate than me! However, as they begin to test their retirement budget they have found that the mortgage payment leaves that budget a bit tight. So th...
rogerwhitney.libsyn.com
What is the Safe Withdrawal Rate in Retirement?
Dec 14 2023
A few weeks ago I wrote How Safe is an 8% Withdrawal Rate? based on some remarks made by Dave Ramsey. In response, a handful of people reached out asking: What would these retirement results look like...
ofdollarsanddata.com
Advisor Touts 8% Returns, But Says I Can Only Withdraw 4%?! - 459
Dec 12 2023
Do financial advisors have some secret blood handshake that they’ll all claim they can get you 8 percent returns, but then tell their clients they can only withdraw 4 percent in retirement? That...
purefinancial.com
Best strategy for withdrawals of investments
Dec 05 2023
I recently retired with a pension. With my pension and my Social Security, I’m still going to be in a fairly high tax bracket. When I left my government job, I was allowed to roll my IAP 457 ove...
reddit.com
What Is the Outlook for Retirement in 2024?
Nov 29 2023
Here's how to navigate inflation, potentially lower returns and changing rules for retirement withdrawals....
money.usnews.com
How do I find a tax advisor to guide me on IRA withdrawals and Roth conversions?
Nov 27 2023
I’m 65 and plan on retiring from full time employment in 26 months. I have a military pension, 900k in retirement savings (mostly in non-Roth, unfortunately), planning on drawing SS when I retir...
reddit.com
“Safe” Withdrawal Rate Brouhaha
Nov 26 2023
Periodically, we read articles from William Bengen, the inventor of the safe withdrawal rate (otherwise known as the 4% Rule), from various esteemed retirement academics, from the retirement researche...
howmuchcaniaffordtospendinretirement.blogspot.com
Which Financial Decisions Require Extra Attention and Which Don’t
Nov 25 2023
Karsten Jeske at the Early Retirement Now blog wrote When to Worry, When to Wing It: Withdrawal Rate Case Studies back in 2021. It looked into what really makes a difference in safe withdrawals in ret...
thefinancebuff.com
404: Could Your Retirement Savings Withstand an 8% Withdrawal Rate?
Nov 24 2023
This week's retirement reading is from Of Dollars And Data titled, How Safe is an 8% Withdrawal Rate? Listen in as Casey Weade breaks down the article and shares what he thinks! Today's episode can al...
retirewithpurpose.com
What Is the $1K Per Month in Retirement Rule?
Nov 21 2023
Make quick calculations with this income strategy to withdraw $1,000 each month in retirement....
money.usnews.com
7 Things Retirees Should Be Thankful for This Year
Nov 20 2023
A market rebound, new 401(k) withdrawal rules and higher savings rates can make retirees' lives easier....
money.usnews.com
How Crazy is Dave Ramsey’s 8% Withdrawal Rate Recommendation?
Nov 12 2023
November 12, 2023 – If I wanted to comment on every piece of bad advice in the personal finance community, my quiet, relaxed early retirement would be busier than the corporate career I left in ...
earlyretirementnow.com
Financial Distress Fuels Rise In 401(k) Hardship Withdrawals
Nov 01 2023
More Americans are resorting to 401(k) hardship withdrawals for income, signaling financial distress in on the rise. But what are driving forces and future indications?...
forbes.com
Financial Distress Leads To Surge In Early 401(k) Withdrawals, Bank Report Shows
Nov 01 2023
More Americans are resorting to 401(k) hardship withdrawals for income, signaling financial distress is on the rise. But what are the driving forces and future indications?...
forbes.com
Making Workers Take Retirement Withdrawals at 70½ Could Help Them Use Their 401(k) Balances Efficiently
Oct 30 2023
Arguing that we need to delay withdrawals to 75 as a work incentive doesn’t hold water. In a recent meeting I attended, participants were bemoaning the fact that people are reluctant to withdraw...
crr.bc.edu
A TIPS Ladder Can Boost The 4% Retirement Withdrawal Rule To 4.7%. Here’s How
Oct 25 2023
With today's real yield, a TIPS ladder has become a compelling option for retirees. Here's how either a 30-year or 5-year TIPS ladder could help those in retirement....
forbes.com
What the 4% Rule Actually Says
Oct 22 2023
The fabled 4% rule, is one of the first “rules” new converts to the Financial Independence Retire Early movement run into. The “rule” suggests that you can safely withdraw 4% of your investmen...
andrenader.substack.com
Early Retirement Withdrawal Strategy
Oct 17 2023
Retirement planning consists of 2 broad phases – accumulation and withdrawal. Early retirement is difficult to achieve because there is less time to build wealth and more years to spend. The tim...
retireby40.org
7 Things You Probably Don’t Know About The 4% Retirement Withdrawal Rule
Oct 09 2023
The 4% rule is based on a number of critical assumptions. Change any of those assumptions, and you change the results....
forbes.com
5 Alternatives To The 4% Retirement Withdrawal Rule
Oct 01 2023
Here are five approaches to retirement spending that are better than the 4% rule....
forbes.com
Age 60: 1m cash on hand. Is this how I should optimize my retirement withdrawals and spending?
Mar 24 2023
Recently closed a house and after all closing costs, I will have $1m cash on hand. Anticipated Retirement Income: $80,000. Age 60. Anticipated SS: $44,000 annually. 401k: 750k, currently in retirement...
reddit.com
4 Ways to Avoid The 10% Early Withdrawal Penalty
Mar 23 2023
One big issue with early retirement is accessing your retirement accounts. The early withdrawal penalty is 10%. Nobody wants to pay more money to the government, especially from their retirement fund....
retireby40.org
Focus on Your Spending Budget and Your Funded Status, Not on Withdrawals from Your Accumulated Savings
Mar 13 2023
It seems that every other article we read these days in the retirement media involves someone’s thoughts about how best to withdraw funds from accumulated savings to supplement income from other...
howmuchcaniaffordtospendinretirement.blogspot.com
What are you doing with your unspent annual withdrawals?
Feb 26 2023
If you are retired and use a portfolio withdrawal strategy based on a formula, what do you do with unspent withdrawals at the end of the year? Put in a fun fund (spend it or lose it attitude), re-inve...
reddit.com
401(k) Hardship Withdrawals – What You Need to Know
Feb 20 2023
A record number of Americans are taking hardship withdrawals and tapping into their 401(k)s. According to Fidelity, “Participants taking hardship withdrawals from their accounts rose to 2.4% las...
401kmaneuver.com
Help me understand full withdrawals...
Feb 03 2023
I'd like to make a full withdrawal from one retirement account. It's a Roth 401k with Fidelity, and though I understand little about retirement (I'm young), I do know that the money is already taxed. ...
reddit.com
What is a Safe Withdrawal Rate?
Jan 27 2023
When you retire, you will need to switch your thinking from being a saver to being a spender. The trick is to balance your withdrawals from spending too little and potentially dying with too much mone...
retirehappy.ca
Discussing Retirement Bucket Strategies with Fritz Gilbert – SWR Series Part 55
Jan 25 2023
January 25, 2023 Welcome to another part of my Safe Withdrawal Rate Series. Today’s topic: Bucket Strategies in retirement. As you know, my blogging buddy Fritz Gilbert has written extensively o...
earlyretirementnow.com
IRA Rules: Contributions, Deductions, Withdrawals
Jan 11 2023
Understand the tax implications and contribution limits before funding an IRA....
money.usnews.com
Hardship 401(k) Withdrawals, Explained
Dec 16 2022
Most employers allow you to take funds out of your retirement account, but the withdrawals come with significant downsides. Our columnist discusses other options....
nytimes.com
401k Early Withdrawal Calculator | Personal Capital
Nov 04 2022
Use this free 401k early withdrawal calculator to understand the potential impacts of an early withdrawal on your long-term savings....
personalcapital.com
Required Minimum Distribution Rules | Sensible Money
Jun 24 2022
The IRS requires you to take withdrawals from retirement accounts once you reach age 72. Here's how it works....
sensiblemoney.com
What Is the 4% Rule for Withdrawals in Retirement and How Much Can You Spend?
Jan 20 2022
The 4% rule can help a retiree determine how much to withdraw from retirement savings each year. Read about the pros and cons of the 4% rule....
investopedia.com
Rethinking the 4% Safe Withdrawal Rule
Nov 18 2021
Given our current market environment, it's time to rethink the 4% safe withdrawal rule. Today, I explain why, and offer some suggestions....
theretirementmanifesto.com
The Best Retirement Withdrawal Strategies
Mar 08 2016
My latest research into the best retirement withdrawal strategies, including target and average asset allocations, and rebalancing strategies....
caniretireyet.com
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