How To Set A Retirement Savings Target

Retirement planning gimmicks are everywhere.  Turn on the TV, read a magazine,  or search the internet, there are an endless numbers of calculators, estimators, and "expert" advice. The truth is, as the burden of retirement savings has shifted from employers to the workers themselves, investors need quantifiable answers to some difficult questions. How much money… Continue reading How To Set A Retirement Savings Target

Withdrawing from a 401(k) before 59 ½

When facing an unexpected cash crunch, most people look to their retirement accounts for help. It can be tempting, but if you’re under the golden age of 59 ½, there are some things you’ll need to consider. Most early distributions come at a cost - the IRS levies a 10% penalty in addition to the… Continue reading Withdrawing from a 401(k) before 59 ½