For many retirees, spending more at the beginning of retirement is a top priority. And after spending decades working and saving, retirement can be the perfect time to enjoy the fruits of your labor.

Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as well ...

Almost all Americans are familiar with posttraumatic stress disorder (PTSD) and its long-term, sometimes devastating effects on people’s lives—crippling anxiety, depression, disturbing flashbacks, ...

Withdrawals from a 401(k) before age 59 1/2 generally incur a 10% penalty plus income taxes. Penalty-free early withdrawals are allowed for hardships like medical costs or disasters. At age 73, RMDs ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, ...

How much can you withdraw from your retirement portfolio each year? For many investors, the go-to answer is 4%. Researcher Bill Bengen developed that rule of thumb back in 1994, meaning an annual ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...

403(b) withdrawal can begin at age 59 1/2, or due to severance, disability, hardship, or death. Early withdrawals may incur a 10% penalty unless meeting specific rules like the rule of 55. Rolling ...