You've spent decades contributing to a tax-advantaged retirement savings account. Now, for one reason or another, you want to withdraw your money. Maybe a medical issue has pushed you into early ...
Wouldn’t it be great if you could quickly determine how much your savings could be worth in the future? Or how much you need to earn on your savings to reach a goal? It’s easy to set a savings goal ...
If you try to withdraw early from just about any retirement plan, you'll be slapped with a penalty—an incentive to leave your money alone and let it build toward retirement like you always intended.
The Rule of 70 and the Rule of 72 are two popular shortcuts that can help investors quickly estimate the doubling time of an investment. These rules are particularly useful for grasping the potential ...
Forbes contributors publish independent expert analyses and insights. Host of the Retire Sooner podcast and CFP™ practitioner. Many investors gain penalty-free access to retirement accounts at age 59½ ...