Ask An Advisor: I’m a 43-Year-Old Divorced Dad With $315K in an IRA, $90K in a Roth and Other Accounts. I Max Out My 401(k) Each Year. Can I Retire at 57? I am a 43-year-old divorced father. I have $315,000 in a traditional individual retirement account (IRA), $90,000 in a Roth IRA, $22,000 in […]
Tag: 90K
Inflation sends tuition past $90K at these schools
While inflation is impacting the cost of many goods and services, an industry that has particularly been impacted is higher education. As colleges post their “estimated cost of attendance” for the upcoming 2024-25 academic year, a number of private universities have listed annual fees exceeding $90,000 for tuition, housing, and typical college expenses, such as […]
Adults need to earn $90K annually to live comfortably in Minneapolis, survey claims
Single adults living in Minneapolis need to earn more than $90,000 annually to live comfortably, claims a survey by a financial planning firm. In St. Paul, they need to earn $87,000 a year to hit that mark. . That equates to an hourly pay of $44.98 in Minneapolis and $42.00 in Minnesota’s capital city — […]
We’re in Our Early 60s with $1.4 Million in Investments. Can We Afford to Withdraw $90k Per Year in Retirement?
There are going to be many factors that help you determine if you’re ready to retire to $90k per year for as long as you’ll need it. Withdrawing too much too soon heightens the danger of depletion, so determining a safe and sustainable withdrawal rate in retirement is crucial to ensure savings last your lifetime. […]