Retirees, here’s how to tweak the 4% rule to protect your nest egg
New retirees might enter a different environment than their predecessors—the economy or market might have changed slightly or dramatically. Morningstar researchers have investigated and identified their latest starting safe withdrawal rate. Hint: it’s slightly lower than last year. Here to discuss this research is Amy Arnott, a portfolio strategist with Morningstar. The interview has been […]
How to build your own target-date retirement fund
For years, I ran my own business, and right around this time of year, I would get whipped up trying to pick mutual funds for my Individual Retirement Account (IRA). As the April 15 tax filing deadline drew near, my accountant would shoot me the maximum amount I could contribute to my IRA based on […]