Reaching $1 million in your 401(k) is a big milestone, but a seven‑figure balance can be a mirage. The question is whether all of your retirement resources—401(k), individual retirement account (IRA), ...

Quick Read The 4% rule assumes a 30-year retirement horizon with a balanced stock-bond portfolio. Ramsey’s 8% rule requires a ...

A 401 (k) is designed for retirement, not short-term emergencies. The baseline rule is this: withdraw money before age 59½, ...

Discover how 401(k) balances in your 40s and 50s stack up and learn smart strategies to grow savings, such as catch-up ...

NPS retirement withdrawal rules have been significantly revised, allowing non-government subscribers to withdraw up to 80% of ...

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 ...

Finance expert Dave Ramsey has a lot of unconventional takes. For example, he believes that you don’t need to care about your ...

Think of the "Best of Both Worlds" or total return retirement spending rule as the 4% rule on steroids — retirees live off ...

The SECURE acts introduced several major changes to RMDs over the last few years. The changes impact both retirees and those ...

While an early withdrawal from a 401(k) may have a long-term impact on your retirement fund, it is sometimes necessary. You should still try to limit such a withdrawal to situations that allow you 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 ...

There's typically a 10% early withdrawal penalty if you take money out of your 401(k) before turning 59 1/2. The IRS does offer some exceptions to this rule. Even if you qualify for an exception, ...