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Ask an Advisor: I'm 43 With $315k in IRAs, $90k in a Roth and Maxing Out My 401(k). Can I Retire by 57?

I am a 43-year-old divorced father. I have $315,000 in a traditional individual retirement account (IRA), $90,000 in a Roth IRA, $22,000 in a health savings account (HSA), $8,000 in a 529 college ...
Kiplinger

I'm 57 With $4.1 Million and Plan to Retire Abroad in a Few Years. Can I Stop Contributing to My 401(k)?

Question: I'm 57 with $4.1 million and looking to retire abroad in a few years. I no longer see the point in contributing to my 401(k). Am I wrong? Answer: As of 2022, the typical 57-year-old had $185 ...

Raising Social Security Retirement Age ‘Not Under Consideration,’ But Look At Roth IRAs To Bolster Your Income

The Social Security Administration has clarified its stance on raising the retirement age. While Social Security can ...

I'm 57 years old and recently divorced. I walked away from my marriage with just $18K in retirement savings — how do I secure my suddenly solo future?

Kathryn, 57, finds herself single after nearly 30 years of marriage. Her ex was the breadwinner of the household, and she ...
Kiplinger

How Your Social Security Check Changes at Ages 62, 65, 66, 67 and 70

Understanding how the average Social Security check amount changes at the different milestone claiming ages — 62, 65, 66, 67 and 70 — is key to retirement planning. These figures highlight the ...