Beating the 10% Early Withdrawal Penalty
In most cases, the age 59 1/2 rule means you can't touch your retirement account savings without paying a penalty. But there are exceptions.
In most cases, the age 59 1/2 rule means you can't touch your retirement account savings without paying a penalty. But there are exceptions.
Should you make Roth or traditional investments to your 401(k) or other retirement accounts? Here are the factors that favor one over the other.
We stuffed our lives into two backpacks and four suitcases to move to Portugal. Here's how it affected our taxes and retirement accounts.
Given our mortality, there is an end game in investing, and no matter how wealthy you are, you need to have a plan in retirement.
The Trinity Study was key in determining that you can't spend 10% of your portfolio each year and expect it to last. How much can you spend?
At the age of 52, I quit my job, and (I think) I'm now in early retirement. Here's what I've done to prepare myself moving forward.
There are many ways to spend your nest egg, but they generally fall into a continuum between the "probability-based" school of thought and the "safety-first" school of thought.
An interview with Big ERN, the man behind Early Retirement Now, where he discusses the pro and cons of FIRE and how to figure out withdrawal rates.
In this episode, we dive into everything to know about RMDs: how they are calculated, minimums, tax implications, tax mitigation strategies & lots more.
A taxable account can be more of a not-so-taxable account. In fact, with the right conditions, it can be almost as good and possibly better than a Roth IRA.
The step-up in basis is an important financial principle to understand to avoid expensive screw-ups. Here's what you need to know for yourself and your heirs.
Are you enough of a super saver that you should be making Roth contributions and conversions in your peak earning years? Today we tackle the question.
PoF shows how to save thousands on basic portfolio management chores by teaching how to take end of year RMDs and rebalancing.
Those who suggest doctors in their peak earnings years should make Roth 401(k) contributions, do Roth conversions, or worse, avoid tax-deferred accounts altogether are either ignorant or selling something.
What is different in your investing life as you approach retirement? Not much. You don't need to be doing something dramatically different than a 25-year-old. The mix may be different but the investments will be the same.