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72t Articles

August 30, 2023

What is the Best Way to Save Money for Retirement?

Planning for retirement is a crucial aspect of financial management. The goal is to ensure that you can maintain your desired lifestyle even after you stop working. With the right …

August 23, 2023

Does My Employer Have to Approve My 401(k) Loan? Understanding How to Access 401(k) Funds Early

A 401(k) plan is a retirement savings account that allows an employee to invest a portion of their paycheck before taxes are taken out. The funds in the account are …

August 16, 2023

Navigating the Maze: Exceptions to 401(k) Early Withdrawal Penalty

The 401(k) retirement plan is a popular savings vehicle for many American workers. It offers tax advantages and often includes employer matching contributions, making it an attractive option for long-term …

August 09, 2023

Unraveling the Role of a Wealth Management Consultant

In today’s fast-paced world, managing wealth can be a complex task. With fluctuating markets, changing tax laws, and an array of investment options, it’s easy to feel overwhelmed. This is …

Can I Retire at 55 and Collect Social Security A Deep Dive into Early Retirement

July 28, 2023

Can I Retire at 55 and Collect Social Security? A Deep Dive into Early Retirement

Retirement is a significant milestone that many of us look forward to. It’s a time when we can finally relax, pursue our passions, and enjoy the fruits of our labor. …

Can I Retire at 55 and Still Work Full Time A Deep Dive into Early Retirement

July 21, 2023

Can I Retire at 55 and Still Work Full Time? A Deep Dive into Early Retirement

Retirement is a significant milestone that many individuals look forward to. However, the traditional retirement age of 65 seems to be a thing of the past, with more and more …

Is There a Benefit to Retiring Early

July 14, 2023

Is There a Benefit to Retiring Early?

The concept of early retirement has become increasingly popular in recent years. As people strive for financial independence and seek to enjoy the fruits of their labor while they are …

What is a Good Monthly Retirement Income A Guide to Retire Early

July 07, 2023

What is a Good Monthly Retirement Income? A Guide to Retire Early

Planning for retirement is an essential part of financial independence. It’s never too early to start thinking about how much money you’ll need to live comfortably in your golden years. …

Understanding the 401(k) Rollover A Key to Optimized Retirement Savings

June 22, 2023

Understanding the 401(k) Rollover: A Key to Optimized Retirement Savings

In the realm of financial planning, one term that often surfaces is a “401(k) rollover”. This term might sound complex, but it’s a critical concept for anyone who wants to …

Retirement is a significant milestone in life, and the age at which you choose to retire can have a considerable impact on your financial future.

June 15, 2023

What Happens to My Social Security If I Retire at 55?

Retirement is a significant milestone in life, and the age at which you choose to retire can have a considerable impact on your financial future. One of the most critical …

What is the Average 401(k) Balance for a 55-Year-Old

June 08, 2023

What is the Average 401(k) Balance for a 55-Year-Old?

As you approach retirement, it’s essential to have a clear understanding of your financial situation and how much you’ll need to maintain your desired lifestyle. One of the most common …

What is the Easiest Way to Retire Early

June 01, 2023

What is the Easiest Way to Retire Early?

The dream of retiring early is a common one, but it often seems like an unattainable goal. However, with the right planning and dedication, it’s possible to achieve financial independence …

How Can I Take Money Out of My 401k Early

May 26, 2023

IRS Rule 72t: How Can I Take Money Out of My 401k Early?

Retirement savings accounts, such as 401ks, are a great way to save for the future. But what happens if you need to access that money before retirement age? Taking money …

Is there a Downside to Retiring Early

May 19, 2023

Is there a Downside to Retiring Early?

Retiring early is an attractive option for many people who are looking to escape the traditional 9-to-5 work life. But is there a downside to retiring early? In this blog …

What is the Average Retirement Income for a Single Person

May 12, 2023

What is the Average Retirement Income for a Single Person?

Retirement is a time of life when you can finally relax and enjoy the fruits of your labor. But how much money do you need to retire comfortably? The answer …

What They Aren't Telling You About Your 401k

May 05, 2023

What They Aren’t Telling You About Your 401k

When it comes to retirement planning, having a 401k is one of the most important steps you can take. But, what they aren’t telling you about your 401k could be …

A puzzle with a written 401k on it.

April 25, 2023

401k Early Withdrawal Exceptions | No Penalty

Retirement savings are a critical part of financial planning, and 401k plans are one of the most popular ways to save for retirement. However, there may be times when you …

Pastel blue piggy bank with 401k note held by a man.

April 18, 2023

How Can I Take Money Out of My 401k Early?

Retirement savings accounts, such as 401ks, are a great way to save for the future. But what happens if you want or need to access that money before retirement age? …