The 401(k) Has Become America’s Rainy-Day Fund
A record 4.8% of 401(k) account holders took early withdrawals last year. Automatic enrollment is giving more workers savings ...
Here’s the withdrawal rate American retirees need to be using in 2025, according to new report — and it’s shockingly low
A new report from Morningstar recommends the safe withdrawal rate for retirees in 2025 is a mere 3.7% — a significant ...
How to Avoid Outliving Your Retirement Savings? It’s All in the Sequence
Retirees who avoid investment losses in the first five years of retirement are much less likely to outlive their savings.
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10 best free savings accounts for stashing your cash
CNBC Select will update as changes are made public. A key feature to look out for when shopping for a savings account is no banking fees. After all, that takes away from the money you can save.
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Six Retirement Withdrawal Strategies That Stretch Savings
What does our 2024 research reveal as the highest safe withdrawal rate? For many investors, 4% has traditionally been seen as the ideal retirement withdrawal rate. However, Morningstar researchers ...
What Is the 25x Retirement Rule?
As with any retirement calculation, the 25x rule is an estimate of the amount any individual or couple should save. Financial ...