from24/7 Wall St.2 months agoLump Sum or Monthly Checks? Deciding on a $2.9M Pension PlanTaking a lump sum from a pension can entice immediate financial freedom, but evaluating long-term benefits through a break-even analysis is crucial.Retirement
Retirementfrom24/7 Wall St.2 months agoWe want to retire in 2-4 years and spend $150K a year - can we afford a $1.5 million house in a pricey housing market?Achieving early retirement before 50 is a significant milestone.Mindful spending on a home is crucial for future financial stability.
fromUSA TODAY2 months ago6 ways to protect your retirement savings from a recessionIf you're near retirement, consider pushing your savings as close to the max as you can afford. The 401(k) already has high contribution limits, $23,500 in 2025.Retirement
Retirementfrom24/7 Wall St.5 months agoMy friend is 70 and won't retire because they are worried about a 4% withdrawal rate - are they right to worry?The 4% rule helps manage retirement withdrawals but isn't one-size-fits-all, hence, seeking personalized financial advice is essential.