I’m a 73-year-old widower who wants to take 6% out of my 401(k) instead of 4%. Can I afford it?


“I will receive $105,000 per year in retirement. I earn $135,000 a year now.”

You May Also Like

‘It’s survival math every month’: The rent crisis that got Zohran Mamdani elected goes far beyond New York City

The mayor-elect built his campaign around rent affordability. But the same issue…

Who qualifies for the $9 billion of student-debt relief? What you need to know.

The Biden administration announced that it would cancel $9 billion in student…

My ailing parent’s house burned down in the California fires. Will our brother, who took care of them, lose his inheritance?

“How can the insurance proceeds and legal settlement not be protected from…

Rio Tinto strikes $6.7 billion deal to buy Arcadium Lithium

Rio Tinto on Wednesday struck a deal to acquire Arcadium Lithium for…