The temptation to retire early has to be vetted with a thorough financial plan that considers the expected and unexpected retirement income needs of the retiree.
The fiduciary standard is the highest standard of care. A fiduciary must only give advice that is in the client’s best interest
When you accept that there’s not a one-size-fits-all withdrawal rate, you can move forward with approaches to estimating sustainable spending each year based on your portfolio’s valuation.
What I’m not sure if we should admire Read for the size of his estate or feel sorry for him because he didn’t use his wealth during his lifetime for life goals.
Paying back a pension advance or pension loan, plus the high interest and fees that loans and advances typically include, can threaten retirement security.
Retiring without a plan to pay what you owe can reduce your peace of mind.
Try to arrange for a short-term stay of a few days in a senior living center to see how good it fits with your senior parent.
It takes a lot more financial untangling when divorce strikes after age 50. Here’s what you need to know.
Hear about retirement delays, rate expectations and a craze-y anniversary.
Waiting until at least full retirement age gives you a full benefit and some options you don’t have by filing early.