Retirement withdrawals

Without acknowledging both the downside and tremendous upside of long time horizons, the 4% rule is no rule at all.

It's important to categorize necessary and discretionary expenses, but advisors need to know how clients are defining them.

Early planning for potential tax hikes is key.

One state has two of the top three cities in terms of boomer debt.

Capital gains tax rates are not just taxed at a single, more favorable, rate anymore.

Retirees who use a smaller withdrawal rate may amass significant excess wealth. That can mean trouble for advisors.

The bill has bipartisan support in the House and Senate.

As an alternative to placing restrictions on lump sum withdrawals, clients could provide retirees more distribution flexibility.

Not having a full understanding could hurt workers’ retirement prospects by causing them to possibly miss out on their employer’s match or not reducing their taxable income as much as possible.

The Pension Benefit Guaranty Corp. is facing a $54 billion deficit for insuring multiemployer plans in unionized industries, says the GAO report.