Consider Your Options for Accessing Retirement Funds and Minimizing the Tax Impact
Time can be your nemesis or friend, depending on when you start your journey. The journey is saving for retirement, and research clearly shows the earlier you start the better your chances of having enough money when you need it most. Conservative estimates have shown that a couple, with their anticipated life expectancies, will require more than $260,000 from age 65 on to cover their medical and healthcare-related expenses. Retirement may be a lauded goal, but getting there, keeping and enjoying what you saved, and leaving a legacy involves some effort!