DECEMBER 01, 2017
Did you know that, once you reach age 70½, the Internal Revenue Service takes a bite out of the savingsyou hold in a traditional 401(k) or IRA, and that those taxes can seriously affect your budget? Or that you could wind up with more money in later retirement than when you first retired, if you're too conservative with your withdrawal rate -- leading to regrets that you didn't spend more money when you could fully enjoy it? Several retirement realities can fly under the radar for folks until they reach that life stage. Make sure you’re not blindsided by retirement surprises.
P.S. If you like this weekly update, please pass it on to a friend! And if you got it from a friend, sign up here for email delivery each Friday to make sure you don’t miss the next issue.