Tapping into your retirement savings early may seem like a risky idea, but there are many reasons why you may have to take money from your 401(k) before retirement. These accounts are meant to support ...
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Ramsey’s 8% Retirement Rule Sounds Nuts At First
Finance expert Dave Ramsey has a lot of unconventional takes. For example, he believes that you don’t need to care about your ...
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4% or 8%, what’s the right retirement withdrawal rule to live by?
Quick Read The 4% rule assumes a 30-year retirement horizon with a balanced stock-bond portfolio. Ramsey’s 8% rule requires a ...
The 4% rule has you withdrawing 4% of your savings your first year of retirement, with future withdrawals adjusted for inflation. For the rule to work, certain factors need to be present. Research ...
One way to mitigate this issue is to keep some portion of your portfolio in cash or short-term bonds to meet short-term needs ...
Morningstar’s new analysis suggests retirees can start with one withdrawal rate and adjust for inflation, but taxes, fees, and portfolio mix still matter.
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54-Year-Old With $4 Million in 401(k) Can Retire Early Using Rule of 55 Strategy
As of 2025, the average 401(k) balance for Americans in their 50s is around 490,000 dollars. That means a 54-year-old with 4 ...
When times are tough and household budgets are under severe strain, taking cash out of your 401(k) plan can provide some relief. However, it’s best to be cautious, as there are specific rules related ...
Jordyn joined Investopedia in February 2025. She was previously a freelance writer covering lifestyle, entertainment, politics in the Midwest, and more. SeizaVisuals / Getty Images One-third of ...
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