Financial advice professionals have used the 4% rule as a benchmark for advising their clients in scheduling their retirement ...

Investment researchers have been playing around with the 4% rule, looking for ways that retirees can safely spend more on ...

One way to mitigate this issue is to keep some portion of your portfolio in cash or short-term bonds to meet short-term needs. You can rely on this cash buffer when the market is down, your ...

Retirees rarely go broke because of one wild purchase. Savings usually erode for a quieter reason: spending as if the ...

When it comes to spending in retirement, financial advisers and investment experts have long clung to the golden 4% rule as ...

Morningstar’s new analysis suggests retirees can start with one withdrawal rate and adjust for inflation, but taxes, fees, and portfolio mix still matter.

In 2022, the last year for which there’s data available, the average retirement savings balance for 65- to 74-year-olds was ...

Morningstar‘s new safe retirement withdrawal rate is 3.7% Estimate is based on forward-looking market return assumptions High stock valuations and lower bond yields influenced the reduction Goal is to ...

When times are tough and household budgets are under severe strain, taking cash out of your 401(k) plan can provide some relief. However, it’s best to be cautious, as there are specific rules related ...

Believe it or not, the IRS can penalize you if you don't use your money. Yes, you read that right, the U.S. government ...

When you are making plans for retirement spending, you need to take many costs into account — including taxes. If you are ...