Nasdaq

Ask an Advisor: How Do I Cover $3,000 in Monthly Living Expenses? I'm 58 With $700k in Retirement Savings, But I Won't Collect Social Security for 7 Years

It sounds to me like you have done a fantastic job of saving and putting yourself in a position to support your needs throughout retirement, even in the years before Social Security. However, since ...
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I’m 59, just got laid off and our household income is now under $100K. How do I cover my daughter's $36K tuition without raiding my retirement?

Losing a job can throw a wrench into anyone’s financial plans. Imagine you’re Mark, 59, and your daughter, Mary, recently headed off to final year at her dream college. The fall semester was off to a ...
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Ask an Advisor: I'm 58 With $700k in Savings, But Won't Collect Social Security Until 65. How Do I Cover $3,000/Month in Expenses?

I’m 58 and I have $700,000 in 401(k)s and IRAs. I have no credit card debt, no auto loan payments and no student loans. I sold my home in California and paid cash for a house in Texas, so I have no ...