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Why Are Americans Tapping Their Retirement Savings Early?

The two main reasons respo.....»»

Category: blogSource: valuewalkAug 21st, 2019

30% Of Americans Have Tapped Into Their Retirement Accounts: Here"s Why That"s No Reason To Panic

Many Americans have been forced to take drastic financial measures to make ends meet during the COVID-19 pandemic. Unfortunately, for a surprisingly large amount of people, those drastic measures included tapping into retirement savings. read more.....»»

Category: blogSource: benzingaFeb 23rd, 2021

Doing this one thing with your Social Security could mean losing $100,000 in retirement

Americans will lose $111,000 per household by taking Social Security benefits too early into their retirement, rather than using their own savings......»»

Category: topSource: moneycentralJun 28th, 2019

Short on cash? Some notes of caution — and tips — about tapping retirement savings

Americans get a regular flow of information about investing in retirement plans. But they also need to pay attention to preretiremen.....»»

Category: topSource: usatodayMay 3rd, 2018

Should You Seek Investment Advice On Your 401(K) Account?

For most Americans, 401(k) plan accounts have become the predominate retirement savings vehicle.  Currently, more than $6.4 trillion is invested in 401(k) plan.....»»

Category: blogSource: valuewalkMay 23rd, 2021

Next Avenue: This is how much climate change is hurting retirement savings

The risks to older Americans living in the nation's flood-prone coastal zones is real, and the loss of wealth for these residents is steep......»»

Category: topSource: marketwatchApr 12th, 2021

NerdWallet: Pandemic savings setbacks? Here’s how to rebuild your retirement

Many Americans have been leaning on their retirement accounts to help make ends meet. If this is you, consider using these strategies to help you recover......»»

Category: topSource: marketwatchFeb 5th, 2021

Outside the Box: Tackling the retirement savings crisis would be a win for Biden — and all Americans

U.S. is divided on many issues but comes together over financial security......»»

Category: topSource: marketwatchJan 25th, 2021

Help Me Retire: I’m 63, unemployed since March, and have $220,000 in retirement savings — should I claim Social Security early?

Have a question about retirement? Email us at HelpMeRetire@marketwatch.com.....»»

Category: topSource: marketwatchDec 26th, 2020

Trump"s idea for an early Social Security option has a catch

Millions of Americans are desperate for financial relief right now. Could claiming Social Security well ahead of retirement age be the solution?.....»»

Category: topSource: moneycentralMay 13th, 2020

Trump"s idea for an early Social Security option has a catch

Millions of Americans are desperate for financial relief right now. Could claiming Social Security well ahead of retirement age be the solution?.....»»

Category: topSource: moneycentralMay 13th, 2020

President Trump may let workers take Social Security early -- with a catch

Millions of Americans are desperate for financial relief right now. Could claiming Social Security well ahead of retirement age be the solution?.....»»

Category: topSource: moneycentralMay 13th, 2020

Here"s the virus" impact on the average retirement account

New data shows just how hard Americans' retirement savings have been hit......»»

Category: topSource: moneycentralApr 29th, 2020

Here"s the virus" impact on the average retirement account

New data shows just how hard Americans' retirement savings have been hit......»»

Category: topSource: moneycentralApr 29th, 2020

Opinion: How your retirement savings can benefit from recent market changes and new legislation

Many people generally understand that most Americans don’t have enough saved for retirement, but the actual data can still shock the conscience. Nearly half of Baby Boomers have no retirement savings to speak of and a whopping 94% plan on Social Sec.....»»

Category: topSource: bizjournalsApr 28th, 2020

The pandemic is pushing Americans into early retirement

As unemployment spiked, the US labor-participation rate plummeted......»»

Category: topSource: moneycentralApr 23rd, 2020

The pandemic is pushing Americans into early retirement

As unemployment spiked, the US labor-participation rate plummeted......»»

Category: topSource: moneycentralApr 23rd, 2020

Coronavirus prompts government to loosen rules on tapping retirement savings

The CARES Act has loosened up the rules for tapping retirement savings like 401(k)s or IRAs. Here's what's changed and what yo.....»»

Category: topSource: usatodayApr 6th, 2020

Coronavirus prompts government to loosen rules on tapping retirement savings. Here"s how

The CARES Act has loosened up the rules for tapping retirement savings like 401(k)s or IRAs. Here's what's changed and what yo.....»»

Category: topSource: usatodayApr 5th, 2020

The government"s relief bill breaks classic retirement savings advice, and it shows just how bleak things have gotten

AleksandarNakic/E+/Getty   The CARES Act enables people to take early retir.....»»

Category: worldSource: nytApr 4th, 2020

Jonathan Burton"s Life Savings: Your 401(k) and IRA could help tide you over in the coronavirus crisis, if only you could get the money without penalty

Congress should immediately waive penalties and income taxes for early withdrawal from retirement plans......»»

Category: topSource: marketwatchMar 24th, 2020