My RMD starts next year. Should I convert my whole IRA to a Roth?

At first, the increases tend to be modest. At age 73, the typical RMD is 3.77% of the account balance at the end of the prior year. By age 80 the percentage is still under 5%. However, the percentage ...

I’m 65. I’ve maxed out my retirement contributions for decades. I’ve $1.6 million saved. When can I slow down?

I’m 65. I’ve maxed out my retirement contributions for decades. I’ve $1.6 million saved. When can I slow down? My annual ...

3 Required Minimum Distribution (RMD) Rule Changes Everyone Must Know Before the End of 2025

The SECURE acts introduced several major changes to RMDs over the last few years. The changes impact both retirees and those ...

'Where are we vulnerable?' My husband and I are in our 50s. Our $450K mortgage is paid off. We have $500K in IRAs.

No one is completely invulnerable, but you are in a solid position. That $4,000-a-month pension, with the aforementioned provisos, and $500,000 IRA and 401 (k) will obviously help you - should ...