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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 -
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 -
Benefit are usually expected to replace about 40% of their pre-retirement income, but that's an average, so many workers will get even less. The question is: how much less?
March 8 -
Despite the recent market downturn, workers should remain invested in their employer-sponsored 401(k) plan.
March 6 -
Not knowing the differences between a traditional IRA and a Roth IRA could be costly for retirement savers.
January 18 -
The law allows clients the ability to make tax-free withdrawals for elementary and secondary school expenses.
January 9 -
Tax-free withdrawals could outweigh an employer's match if early withdrawals are made for expenses like healthcare.
January 8 -
Retirees should stick to their strategies and diversify their portfolios with various sources of income.
January 5 -
Most retirees said they adapted to their situation of having limited retirement income and they have had few regrets, according to a survey.
October 6 -
Most retirees said they adapted to their situation of having limited retirement income and they have had few regrets.
October 6