“Is this my wake-up call to get rid of the advisor?” Suze Orman answers that the listener would pay 1.22% for half the return of the S&P

“Is this my wake-up call to get rid of the advisor?” Suze Orman answers that the listener would pay 1.22% for half the return of the S&P

Benzinga and Yahoo Finance LLC may earn commissions or revenue for some products by using the links below. After looking at his 401(k) return rollover, Sam realized that his Fidelity advisor was charging him 1.22%, but had returned roughly half the S&P 500 over the same period. He recently wrote to Suze Ormanon the Women … Read more

I am 74 years old and my 401(k) is $120,000. Should I Hire an RMD Financial Planner?

I am 74 years old and my 401(k) is 0,000. Should I Hire an RMD Financial Planner?

SmartAsset and Yahoo Finance LLC may earn commissions or revenue through links provided in the content below. I have a 401(k) with $120,000. I am 74 and take the required minimum distribution at the end of each year. Do I need a retirement planner to help with withdrawals? – Susan While you don’t technically need … Read more

MA 55 -Iri with $ 2 million. Can I afford to retire today?

MA 55 -Iri with $ 2 million. Can I afford to retire today?

Smartset and Yahoo Finance LLC can earn commissions or income through links below. After retiring, it raises many questions about income and expenditure. You will need to manage your portfolio to make long -term terminations, early end of new income and wait a long time for social security. You will need to manage your expenses … Read more

That’s how much you need to retire with $ 100,000 lifestyle

That’s how much you need to retire with $ 100,000 lifestyle

If you earn $ 100,000 a year and want to keep this income on retirement, as well as in inflation, how much do you really save? This is a question that Eric, a reader of Gobankingrates, recently presented as part of our 100 best money experts. To help answer this, we contacted Jamie Hopkins, Bryn … Read more

Can I retire 65 years of age with $ 1 million. USD IRA and $ 2500 monthly social security?

Can I retire 65 years of age with $ 1 million. USD IRA and $ 2500 monthly social security?

Do you have enough money to retire? There are many different ways to look at it, but most often it is simply to break down: money against money. How much income can you get from your retirement planning and how much do you need to spend? Here, say, you have $ 1 million. USD 401 … Read more

Is a smarter way to plan medical expenses in retirement

Is a smarter way to plan medical expenses in retirement

Listen and subscribe to decoding pension Apple PodcastIs it Spotifyor wherever you find your favorite podcast. It sounds frightening, even stunning to take into account the overall health care costs when retirement. Studies at the Institute of Employee Benefits have found that today’s 65 -year -old couple may need as much as $ 351,000 to … Read more

Based on CFP, retirement account that could reduce your taxes – forever

Based on CFP, retirement account that could reduce your taxes – forever

What is Roth 401 (K) and how is it different from the traditional 401 (k)? One of the many complex aspects of pension planning is to select the smartest vehicles that you can save and expand your funds. Most people are familiar with the traditional 401 (K) accounts, usually offered through the employer. You: 25 … Read more

I asked Chatgpt when I can retire to my current finances – that’s what he said

I asked Chatgpt when I can retire to my current finances – that’s what he said

If there is one thing that contains Chatgpt, it quickly collects information. This can be extremely useful if you are trying to deal with a pension planning. Since there are so many considerations as to find out when you can afford to retire, it is extremely useful to have an AI robot, such as a … Read more