What If You Don’t Need to Take Required Minimum Distributions?

What If You Don’t Need to Take Required Minimum Distributions?

If you’re nearing age 70½, you’ll soon reach an important retirement planning milestone. That’s the age at which you must start taking required minimum distributions, also known as RMDs, from your traditional IRA. The IRS mandates the distributions at age 70½ for a...
3 Expenses to Remember in Retirement

3 Expenses to Remember in Retirement

A big part of planning for retirement is developing a budget. Your retirement budget should give you an idea of how much income you will need in retirement. By developing a budget, you can also make adjustments where needed so your planned expenses fit within your...