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Reinventing a new life may involve uncovering new interests and a new way to live after you leave your career.
October 25 -
The wealth in retirement accounts could shrink by that much due to annual defaults on 401(k) loans. The projected loss is about 2.7% of the $7.8 trillion in retirement accounts.
October 12 -
For potential landlords, owning rental property can sometimes be managed from a laptop or even a phone.
October 9 -
The "Rule of 100" follows the rule-of-thumb of growing more conservative as investors grow older, but it also may be obsolete since it was developed when interest rates were higher.
October 4 -
Trying to time the market is a “fool’s game,” but preparing for a possible downturn as retirement approaches can be a smart move.
October 2 -
Those new to Medicare may not realize they need to buy a separate policy to cover prescription drugs. There are some partial exceptions, but even in those cases, coverage can vary.
October 1 -
Incentive stock options can provide “special” tax treatment to the recipients if certain requirements are satisfied.
September 27Foley & Lardner -
Investors have an average of 25 funds to choose from in their 401(k) plans, but some financial advisors suggest that the best approach is to pick a small number of very broad funds.
September 27 -
These loans can be a good option in some cases, but they're not a cheap way to borrow money so senior citizens with good credit may have cheaper alternatives.
September 20 -
The Trump administration is considering pushing back the age at which retirees have to take required minimum distributions from tax-deferred retirement account.
September 18