Can I retire at $ 62 with $ 1.3 million saved and $ 2,800 from social security?

Can I retire at $ 62 with $ 1.3 million saved and $ 2,800 from social security?

Smartastit and Yahoo Finance LLC can earn a commission or revenue through links in the content below. Although it can be argued that the cultural age for retirement is 65 years old and the age for retirement of social security is 67, many households want to go through the finals a little earlier. But 62 … Read more

At 48 with $ 430,000 saved and $ 95,000 income, what is the realistic retirement budget?

At 48 with $ 430,000 saved and $ 95,000 income, what is the realistic retirement budget?

Smartastit and Yahoo Finance LLC can earn a commission or revenue through links in the content below. As for the evaluation of your retirement income, it is a popular rule that you will usually need about 80% of your working income to maintain the same standard of living. This comes from a number of factors, … Read more

Should I start converting $ 120,000 a year from my IRA of $ 1.2 million to Roth at the age of 60?

Should I start converting $ 120,000 a year from my IRA of $ 1.2 million to Roth at the age of 60?

Smartastit and Yahoo Finance LLC can earn a commission or revenue through links in the content below. If you are 60 years old with $ 1.2 million saved for retirement in traditional IRA, you may start thinking about the necessary minimum distributions (RMD) and the huge annual tax account they can create after you are … Read more