As always, The Motley Fool cannot and does not provide personalized investing or financial advice. This information is for informational and educational purposes only and is not a substitute for...
Withdrawing a lot of money from your 401(k) at age 63 could be a much costlier move for one simple reason: IRMAA. IRMAA stands for "income-related monthly adjustment amount." It...
Tax-deferred accounts like traditional IRAs and 401(k) plans let workers reduce their taxable income (by saving pretax dollars) in the present in exchange for paying income tax on the contributions...
In 2026, Social Security beneficiaries received a 2.8% cost-of-living adjustment. This was higher than the COLA from the year prior but significantly below some of the other adjustments in the...
If you're counting on Social Security to help fund your retirement, here's some good news: Despite the rumors you may have heard, Social Security is not going bankrupt.
If you're under your full retirement age (FRA), you must alert the Social Security Administration if you plan to work and collect Social Security retirement benefits at the same time...
Inflation isn't running as hot as it was a few years ago. But it's still above the level the Federal Reserve would like to see.
If you're not factoring inflation into your retirement planning, you'll be kicking yourself years down the road. Even if inflation remains around average -- very roughly 3% -- for the...
Inflation is rampant. That matters, because most investors are also consumers who pay for things like food, gasoline, and electricity. Officially, the Bureau of Labor Statistics reports that May's prices...
For many people, claiming Social Security benefits early (ahead of their full retirement age or even before age 70) ends up being a mistake and a decision they regret.
Retirement can be a vulnerable time in your life. You're no longer working -- and may not even be able to work if you wanted to. You still have expenses,...
If you're saving for or approaching retirement, there's a good chance you've heard of the 4% rule. For decades, it's been the gold standard for managing a retirement nest egg.
While the "trickle-down theory" is frequently associated with President Ronald Reagan's policies, it dates back to the 1920s, when humorist Will Rogers coined the term. The trickle-down theory involves giving...
Even if you have a nice chunk of money saved, you may depend pretty heavily on Social Security to cover your living expenses in retirement. And if you don't have...
Although not the first person to make this kind of joke, in 1789 Benjamin Franklin told Jean-Baptiste Le Roy: "In this world nothing can be said to be certain, except...
If you haven't thought about your 2026 required minimum distribution (RMD) yet, now's probably a good time to start, especially if you have $500,000 in your IRA. That can result...
Ups and downs are a natural part of investing, but it's one thing to know that and another thing to watch your 401(k) plummet after you worked so hard to...
Workers and Social Security beneficiaries got some scary news this week, courtesy of the latest Social Security Trustees' Report. While we've known for a while that the program's trust funds...
