Dear Call Box: I was born in 1940 and looking forward to retirement. What are the penalties if I retire before the age of 65? Since I am planning to retire at 62, I would like to know what penalties I would incur if I decide to return to work. -- L.B.Clark, Mike...
The Great Resignation is translating intoa flood of early retirements. When the decision to retire has been made suddenly, there are challenges and roadblocks that can cost the retiree dearly. Many of these challenges are dependent on what age you are when you leave employment. For...
Consider the hypothetical example of one couple, Jordan and Shawna, who retired in early 2008, just as financial markets were experiencing bouts of volatility. The couple met with their financial advisor prior to retirement and calculated that after Social Security and pension income, they would nee...
Keep your eyes on our retirement, as early in your career as possible. Walk side-by-side with it, pay attention to it, and nurture it. One day, you’ll find it returning the favor. We can help youstart mapping out your retirement plan....
Our path to financial independence and retiring early. Email: 1MansMoney @ gmail (dot) com Recent Posts March 2025 Income Statement March 2025 Net Worth Update (-88,733.17) February 2025 Income Statement February 2025 Net Worth Update (-195,747.03) ...
Dipping into your 401(k) early can come with steep costs – both now and later. Maryalene LaPonsieMarch 18, 2025 401(k) Early Withdrawal Costs DOGE staffers have access to the Social Security system. Could that put your monthly payment in jeopardy? Maryalene LaPonsieMarch 13, 2025 ...
Retiring abroad can offer adventure, new experiences, a lower cost of living, and a higher quality of life. But it's not for everyone–and it's not easy. If you're contemplating retirement overseas, start planning early. It can take months or years to buildyour financial planand secure ...
Why Social Security Payments Are Delayed It isn’t common, but there are times when your Social Security payment could be delayed. Maryalene LaPonsieApril 30, 2025 401(k) Rollover: Is an Annuity Right? Annuities offer protection, but your 401(k) already gives you tax advantages without the...
An early example of a parking app is SIMERT Loja in Ecuador, which was introduced in the city of Loja in the mid-2000s. As smartphone technology advanced and mobile connectivity became more widespread, parking apps began incorporating real-time data to provide customers with up-to-date ...
Social Security and sometimes as early as age 55 with a pension. However, taking benefits early will mean that you get smaller monthly benefits for the rest of your life. That can matter to your bottom line, even if you expect Social Security to be merely the icing on your retirement ...