Retirement used to be modeled as a relatively predictable 20- or 25-year period. Today, many investors need to consider a very different possibility: their portfolio may have to produce income for 30, 35, or even…
More
Retirement risks rarely arrive one at a time. Living longer may sound like a separate issue from stock market volatility or rising prices, but these risks can reinforce each other in ways that put surprising…
More
Thirty years is a long time to live from a portfolio. A person retiring at 65 may need retirement income well into their 90s, meaning their savings must survive multiple market cycles, decades of inflation,…
More
Living longer is usually something worth celebrating. Financially, however, it creates one of retirement planning’s hardest problems: your savings may need to support you for far more years than you originally expected. A person retiring…
More
One of the strangest retirement risks is actually good news: you might live much longer than expected. A retirement plan that works perfectly for 20 years can look very different if the money needs to…
More
Retirement portfolios rarely stay simple. After decades of saving, you might enter retirement with a taxable brokerage account, traditional IRA, old 401(k), Roth IRA, cash reserves, and perhaps several smaller accounts from previous employers. Having…
More
Selling investments in retirement is not automatically a bad thing. In fact, carefully realizing capital gains can be one of the most useful tools for turning a portfolio into dependable retirement income. The challenge is…
More
Paying the lowest possible tax bill this year sounds like a smart retirement strategy. Surprisingly, it can sometimes make your lifetime tax bill larger. Imagine retiring with substantial savings in a traditional IRA. During the…
More
Retirement withdrawals are not just about deciding how much money you need this year. Where that money comes from can determine how much of it you actually get to spend. Take two retirees who each…
More
Retirement planning is not only about how much money your portfolio earns. What really matters is how much of that money you can actually spend after taxes. Two retirees with identical $1 million portfolios can…
More