Withdrawals
Showing 50 results of 79
The Post-55 Exception to the 10% Penalty for Withdrawals from 401(k)
Nov 04 2024
Introducing the age 55 exception for a withdrawal from a 401(k) plan. Penalty free, with some restrictions applied. The post The Post-55 Exception to the 10% Penalty for Withdrawals from 401(k) appear...
financialducksinarow.com
Which Retirement Withdrawal Strategy Is Best For You?
Oct 21 2024
Tax efficient withdrawal options depend heavily on relative balances in tax-deferred, tax-free and taxable accounts....
forbes.com
Tax-Savvy In-Plan Roth Conversions and Inherited IRA Withdrawals - 497
Oct 01 2024
Should David in Ohio use 457 funds to do an in-plan Roth conversion in his 403(b) plan, and should he hire a financial advisor? Chris in DC needs a retirement and Roth conversion spitball analysis, an...
purefinancial.com
Should We Always Pull From our Brokerage Account First in Retirement? (Hint: No)
Oct 01 2024
Patrick and Mary will soon both be retired. They are curious about what their withdrawal strategy should be as they balance various retirement accounts, including a pension, IRAs, and a brokerage acco...
buzzsprout.com
Retirement Income Strategies: IRA vs. Brokerage Withdrawals (The Tax-Smart Choice for Retirees)
Oct 01 2024
Mark asks a common question – What should I do regarding my withdrawal strategy? Should I first pull from my brokerage account or my IRA? There is no one-size-fits-all answer, but James provides...
buzzsprout.com
Safe Withdrawal Rate Myths: Debunking 3 Common 4% Rule Mistakes
Oct 01 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 IRA Tax-Free Withdrawals: 5-Year Rule Explained
Oct 01 2024
James explores the nuanced aspects of Roth IRAs, shedding light on intricacies that can confound even experienced investors. Through a listener question from Manfred, a retiree contemplating a $50,000...
buzzsprout.com
How to Avoid Common Pitfalls in Your Retirement Withdrawal Strategy, Ep #225
Sep 24 2024
Retirement, a phase many of us anticipate for a long time, comes with its own set of financial intricacies. Specifically, how do you effectively withdraw funds from your savings to ensure a comfortabl...
financialsymmetry.libsyn.com
Increasing The Safe Retirement Withdrawal Rate At The Wrong Time
Sep 18 2024
If you're increasing your safe withdrawal rate for retirement now, you're likely making a mistake. You might be inadvertently top-ticking the market as the Fed embarks on what is likely a multi-year r...
financialsamurai.com
Withdraw Social security application
Sep 14 2024
I retired and 62, and filed and started receiving social security. I recently had a great job opportunity and decided to “un-retire”, and filed a form SSA-521 to withdraw my social securit...
reddit.com
Everyone knows the 4% yearly withdrawal rule. Are there other models?
Sep 14 2024
I will be doing that as I want to leave money to my kids. But what if I didn't have a kid or didn't care to leave money to anyone? IDK, I saved my entire life to have enough money to retire on. The th...
reddit.com
How Retirement Withdrawals May Affect Your Tax Bracket
Sep 10 2024
Learn how retirement withdrawals impact your tax bracket and explore strategies to minimize tax hits on your income during retirement....
forbes.com
How to Decide the Order of Accounts for Retirement Withdrawals: Traditional vs. Other Options
Sep 06 2024
Evaluate the pros and cons of different orders of accounts for withdrawals. See how to make smart decisions about your choices. The post How to Decide the Order of Accounts for Retirement Withdrawals:...
boldin.com
The Ideal Retirement Withdrawal Rate: How to Make Sure Your Savings Last as Long as You Need Them to
Sep 04 2024
Learn about the ideal withdrawal rate and the 4% rule. Plus, understand a more personalized approach to retirement withdrawals. The post The Ideal Retirement Withdrawal Rate: How to Make Sure Your Sav...
boldin.com
Can I Do a Reverse Dollar-Cost Averaging for Withdrawals in Retirement?
Sep 04 2024
Does a withdrawal strategy in retirement have to be complicated or can you simply do a reverse of dollar cost averaging? In this episode, we’ll take a look at how reverse dollar-cost averaging w...
share.transistor.fm
Should I Withdraw from My IRA to Pay Off My Mortgage?
Sep 04 2024
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...
share.transistor.fm
Is Your Retirement Withdrawal Rate Too High? - 475
Sep 03 2024
Will Duke and Daisy’s retirement spending plan work? If you’re a fan of hearing Joe Anderson, CFP® and Big Al Clopine, CPA debate, you’re in luck today on Your Money, Your Wealth...
purefinancial.com
The Ideal Retirement Withdrawal Rate: How to Make Sure Your Savings Last as Long as You Need Them to
Aug 28 2024
Learn about the ideal withdrawal rate and the 4% rule. Plus, understand a more personalized approach to retirement withdrawals. The post The Ideal Retirement Withdrawal Rate: How to Make Sure Your Sav...
newretirement.com
Why Early 401(k) Withdrawals May Derail Your Retirement
Aug 12 2024
Early 401(k) withdrawals are soaring. According to the Vanguard Group, “A record-breaking number of Americans are making emergency withdrawals from their 401(k) retirement plans in order to cove...
401kmaneuver.com
Market Timing Retirement Withdrawals and Roth Conversions - 488
Aug 02 2024
Is timing the market when you withdraw money from your retirement accounts or do Roth conversions an effective strategy to minimize tax and maximize returns for YMYW listener Robert? That’s toda...
purefinancial.com
Early Retirement Withdrawal Strategies for the Long Haul
Jul 06 2024
Your early retirement withdrawal plan can make or break your FIRE strategy. Think beyond financial independence to how you will maintain a stable portfolio....
kiplinger.com
Early 401(k) Withdrawals: Benefits, Risks and Alternatives
Jun 27 2024
If you need money now and are thinking about tapping your 401(k) savings, you might want to consider other available options....
kiplinger.com
Retirement Income Strategies: IRA vs. Brokerage Withdrawals (The Tax-Smart Choice for Retirees)
Jun 26 2024
Mark asks a common question – What should I do regarding my withdrawal strategy? Should I first pull from my brokerage account or my IRA? There is no one-size-fits-all answer, but James provides...
buzzsprout.com
New 401(k) Early Withdrawal Penalty Rules for 2024
Jun 25 2024
More people are taking early emergency withdrawals from retirement savings accounts. New tax rules might offer some relief....
kiplinger.com
How to Be Strategic With Your Retirement Withdrawals
Jun 25 2024
To make your savings last, you need to know how to draw from the right investment … at the right moment....
kiplinger.com
Tax-Smart Strategies for Account Withdrawals
Jun 19 2024
Understanding the best way to tap your IRAs and other accounts can help you preserve your savings and lower your tax bill....
kiplinger.com
Maximizing Your Retirement Income: Exploring Withdrawal Strategies
Jun 07 2024
A couple learning about the different types of withdrawal strategies to consider for retirement. Planning for retirement involves not only accumulating savings but also strategically withdrawing funds...
theretirementsolution.com
How a Retirement Withdrawal Can Lead to a Perjury Conviction
Jun 02 2024
A prominent lawyer was recently sentenced to home confinement for falsely claiming hardship to withdraw funds. How desperate must you be to take money out?...
nytimes.com
Budgeting and tracking processes
May 30 2024
Interested to know how you track spending v your budget. We are semi-retired w a variable income that we do not figure into our income so taking withdrawals down savings and not tapping SS until 70 pe...
reddit.com
438: How Global Withdrawal Rates Can Help You Create Your Ideal Retirement Portfolio
May 18 2024
Does the perfect asset allocation exist? To create a retirement portfolio that aligns with your long-term financial goals and needs, you might find your savings reap the most benefit by taking an inte...
retirewithpurpose.com
Safety First – SWR Series Part 61
May 16 2024
May 16, 2024 – Welcome to another Safe Withdrawal Rate Series installment. Please see the landing page of the series for a guide to all parts so far. In Part 60, dealing with the “Die With...
earlyretirementnow.com
Navigating Retirement: Dynamic Safe Withdrawal Rates In Action
May 09 2024
One of my ongoing challenges as a writer is explaining financial concepts in an easy-to-understand manner. With a background in business school and 13 years in banking, financial concepts come natural...
financialsamurai.com
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
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