The standard rule-of-thumb is the so-called 4% rule, a retirement withdrawal strategy that suggests ... But it might be better to have a more tailored formula based on your health, potential ...

In a release on Monday, the Liberal Party of Canada promised to “protect retirement savings” by reducing the minimum RRIF ...

Your investment mix needs to be able to support your portfolio throughout retirement while maintaining stability during ...

The first step in developing your personal retirement withdrawal plan is to select a scheme for withdrawing your money. Most people don’t realize that the 4% rule — now upgraded to 4.7% — is ...

“As the name suggests, you should withdraw 4% of total retirement savings the year you retire, adjusting the withdrawal amount annually to account for inflation,” he said. He added ...

Three days of wild market volatility sparked by U.S. tariffs is enough to cause any investor stress, but for those in ...

I am the President of Diversified, a CFP and author. Planning for retirement doesn’t have to be complicated. A straightforward approach can make the process easier: maximize investments and ...

In theory, this formula means that ... Adjusting the withdrawal rate annually also addresses another Bengen assumption: that retirement spending rises linearly when, in fact, it fluctuates.

A hardship distribution is a pre-retirement withdrawal from your 401(k) plan, 403(b) plan, or 457(b) plan due to an immediate and heavy financial need. The withdrawal amount is limited to the ...

The order in which you tap into your various retirement accounts can significantly impact your tax burden and the longevity of your nest egg funds. There's no one-size-fits-all withdrawal order ...

Higher retirement plan contribution levels, lower ‘safe’ withdrawal rates, changes to Social Security benefits, and more. Dziubinski: Christine, let’s start by talking about people who are ...