When a surprise windfall lands in your lap, it can open up doors, says Patrick Doherty, SVP and financial adviser at Wealth ...

In many cases, I recommend Bankrate’s savings withdrawal calculator. Using this calculator, you can estimate how long your savings might last based on your savings balance, withdrawals, expected ...

Retirement Withdrawal Strategies Used by the Top 1% Many people approaching retirement worry about outliving their savings. The 4% rule is a long-standing guideline that suggests retirees withdraw ...

Retirement Should clients in the 'retirement red zone' reconsider withdrawal strategies? By Elijah Nicholson-Messmer April 28, 2025, 4:52 p.m. EDT 4 Min Read alvaro - stock.adobe.com ...

These accounts allow your retirement savings to grow tax-free, and withdrawals are not taxable if you’re 59 1/2 or older and have held the account for a minimum of five years.

On March 17, the University of Michigan changed its longstanding retirement plan to allow for easier access to cash withdrawals, a significant change permitting former employees access to retirement ...

Have a smart withdrawal strategy Once retirement starts, you shouldn't be withdrawing as much as you need from your retirement coffers, hoping they'll last. Remember, you may well live to 90 or 95 ...

When it comes to the FIRE (financial independence, retire early) movement, there are few things more sacred than the 4% safe withdrawal strategy. Generally considered the best way to plan for ...

Hardship Distributions A hardship distribution is a pre-retirement withdrawal from your 401 (k) plan, 403 (b) plan, or 457 (b) plan due to an immediate and heavy financial need.