Where will your retirement money come from? If you’re like most people, qualified-retirement plans, Social Security, personal savings and investments are expected to play a role. Once you have estimated the amount of money you may need for retirement, a sound approach involves taking a close look at your potential retirement-income sources.
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401(k) savings are taxed as ordinary income when funds are withdrawn.
Workers 50+ may make contributions to their qualified retirement plans above the limits imposed on younger workers.
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This calculator may help you estimate how long funds may last given regular withdrawals.
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