Thinking about retirement can bring up two sensitive subjects: money and death. After all, there are two main questions you should be asking yourself when it comes to retirement planning: How much money will I need each year in retirement? How many years...
Most Americans stop celebrating “half birthdays” back in grade school. The two most important birthdays in financial planning, however, are half birthdays long past that age: 59½ and 70½. Reach the first, and the IRS give you a gift: penalty-free...
Key Takeaways Avoid holding onto an investment based on its initial price or sentimental value Don’t hold onto an investment based on its initial price or sentimental value. Use your biases to counteract each other. When it comes to personal finances, our...
