Pension
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This near-7% rule looks better for retirees than the 4% rule
The recent turmoil in the bond market, which has seen long-term interest rates rising to multidecade highs, is also good news for those nearing or in retirement, making a near-7% withdrawal rule appea
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More millennials are joining the 401(k) millionaire club, with Fidelity data showing they represent 4% of such millionaires as of end-2025.
A Fidelity Investments report from earlier this year indicates the total number of 401(k) millionaires reached 645,000, a 26% increase from the previous year. Millennials, aged 29 to 44, now hold an a
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Vanguard report shows average US 401(k) balance hits record $167,970, but median is only $44,115.
Vanguard's latest "The State of American Savings Report" indicates that the average balance in US 401(k) plans has risen to a record $167,970. However, the report also highlights that due to a small n
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A 66-year-old woman chose to claim her Social Security benefits early, foregoing the 8% annual delayed increase.
Despite financial advisors recommending she wait until 70 to receive an 8% annual delayed retirement credit, the 66-year-old woman chose to claim her U.S. Social Security benefits early. This decision
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Analysis indicates that the maximum monthly payment for a 62-year-old claiming Social Security benefits in the U.S. is $2,969.
Analysis indicates that the maximum monthly payment set by the U.S. Social Security Administration for 62-year-old recipients this year is $2,969. In comparison, recipients at full retirement age (67)
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Replicating the average U.S. couple's $3,120 monthly Social Security benefit requires a private portfolio of roughly $800,000 to $936,000, depending on withdrawal strategy.
The Social Security Administration's average monthly benefit for a retired couple is about $3,120, totaling $37,440 annually. To privately match this income stream, a portfolio of approximately $800,0
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Social Security to implement 4 key changes in 2027, including an estimated 3.8% COLA and increased earnings limits
The changes, set to be officially announced on October 14, include an estimated 3.8% cost-of-living adjustment (COLA) for all beneficiaries, which could add approximately $79 per month to the average
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U.S. retired couples aged 65 and over can withdraw approximately $47,500 tax-free from a traditional IRA in 2026, an opportunity most people do not utilize.
Under U.S. tax law, a married retired couple, both aged 65 or older, can withdraw approximately $47,500 from a traditional Individual Retirement Account (IRA) in 2026 without incurring federal income
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Washington State will launch the “Washington Saves” program on July 1, 2027, to automatically enroll employees without employer-sponsored retirement plans in IRA accounts.
Washington State will launch the “Washington Saves” program on July 1, 2027. The program will automatically enroll employees who do not have an employer-sponsored retirement plan into an Individual Re
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Analysis: Target-Date Funds Charge 6x More Than Two-ETF Alternatives, Potentially Saving Investors Five Figures Over 30 Years
An analysis highlights that the average target-date fund charges approximately 0.30% in fees, which is six times higher than a comparable two-ETF portfolio, such as a 90/10 blend of Vanguard Total Wor
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AARP: Nearly Half of U.S. Private-Sector Workers Lack Retirement Accounts
The American Association of Retired Persons (AARP) reports that nearly half of U.S. private-sector workers, totaling approximately 56 million individuals, do not have a retirement account. This is lar
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Moving from California to Nevada Can Save Six Figures on 401(k) RMD State Taxes, But Federal Costs Remain
A case study reveals that relocating from California to Nevada can save retirees with a $2.1 million IRA six figures in state income tax over 20 years on Required Minimum Distributions (RMDs). This is
-
This near-7% rule looks better for retirees than the 4% rule
The recent turmoil in the bond market, which has seen long-term interest rates rising to multidecade highs, is also good news for those nearing or in retirement, making a near-7% withdrawal rule appea
-
More millennials are joining the 401(k) millionaire club, with Fidelity data showing they represent 4% of such millionaires as of end-2025.
A Fidelity Investments report from earlier this year indicates the total number of 401(k) millionaires reached 645,000, a 26% increase from the previous year. Millennials, aged 29 to 44, now hold an a
-
Vanguard report shows average US 401(k) balance hits record $167,970, but median is only $44,115.
Vanguard's latest "The State of American Savings Report" indicates that the average balance in US 401(k) plans has risen to a record $167,970. However, the report also highlights that due to a small n
-
A 66-year-old woman chose to claim her Social Security benefits early, foregoing the 8% annual delayed increase.
Despite financial advisors recommending she wait until 70 to receive an 8% annual delayed retirement credit, the 66-year-old woman chose to claim her U.S. Social Security benefits early. This decision
-
Analysis indicates that the maximum monthly payment for a 62-year-old claiming Social Security benefits in the U.S. is $2,969.
Analysis indicates that the maximum monthly payment set by the U.S. Social Security Administration for 62-year-old recipients this year is $2,969. In comparison, recipients at full retirement age (67)
-
Replicating the average U.S. couple's $3,120 monthly Social Security benefit requires a private portfolio of roughly $800,000 to $936,000, depending on withdrawal strategy.
The Social Security Administration's average monthly benefit for a retired couple is about $3,120, totaling $37,440 annually. To privately match this income stream, a portfolio of approximately $800,0
-
Social Security to implement 4 key changes in 2027, including an estimated 3.8% COLA and increased earnings limits
The changes, set to be officially announced on October 14, include an estimated 3.8% cost-of-living adjustment (COLA) for all beneficiaries, which could add approximately $79 per month to the average
-
U.S. retired couples aged 65 and over can withdraw approximately $47,500 tax-free from a traditional IRA in 2026, an opportunity most people do not utilize.
Under U.S. tax law, a married retired couple, both aged 65 or older, can withdraw approximately $47,500 from a traditional Individual Retirement Account (IRA) in 2026 without incurring federal income
-
Washington State will launch the “Washington Saves” program on July 1, 2027, to automatically enroll employees without employer-sponsored retirement plans in IRA accounts.
Washington State will launch the “Washington Saves” program on July 1, 2027. The program will automatically enroll employees who do not have an employer-sponsored retirement plan into an Individual Re
-
Analysis: Target-Date Funds Charge 6x More Than Two-ETF Alternatives, Potentially Saving Investors Five Figures Over 30 Years
An analysis highlights that the average target-date fund charges approximately 0.30% in fees, which is six times higher than a comparable two-ETF portfolio, such as a 90/10 blend of Vanguard Total Wor
-
AARP: Nearly Half of U.S. Private-Sector Workers Lack Retirement Accounts
The American Association of Retired Persons (AARP) reports that nearly half of U.S. private-sector workers, totaling approximately 56 million individuals, do not have a retirement account. This is lar
-
Moving from California to Nevada Can Save Six Figures on 401(k) RMD State Taxes, But Federal Costs Remain
A case study reveals that relocating from California to Nevada can save retirees with a $2.1 million IRA six figures in state income tax over 20 years on Required Minimum Distributions (RMDs). This is
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Pension
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