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24/7 Wall St. on MSN

If You Retire at 55, Here’s What You Need to Know About Accessing Your 401(k)

Key Points With a 401(k), you could face an early withdrawal penalty for removing funds before turning 59 1/2. Under certain ...

Caixin Global

China’s Retirement Preparedness Lags as Youth Eye Early Exit, Report Says

China will raise the retirement age starting January 1, 2025: men from 60 to 63, female blue-collar workers from 50 to 55, ...

I’m 55, plan to retire in the next decade, but have nothing saved and $10K in debt — can I start saving now and still retire comfortably?

It’s a good idea to assume you'll need to save 10 times your final salary by the time you’re 67. So, if you are making ...

6don MSN

Curious About Early Retirement? See How 401(k) Balances Compare for Those in Their 40s and 50s

Key Takeaways The average 401(k) balance for people in their 40s is $407,675, while the median is $162,143.For people in their 50s, the balance jumps to $622,566 and $251,758, respectively.Thoughtful ...

inews.co.uk on MSN

Let people take state pension early to avoid poverty, firm tells Labour

The third review into the state pension age will see pension providers offering up their suggestions for change ...

4don MSNOpinion

The lump sum conundrum: How one pension mistake has ruined our retirements

Bob Gorman felt forced into taking his pension lump sum early last year - and now feels conflicted because his partner is ...

How should Sid, 55, and Sherry, 46, draw down retirement savings given their age gap?

With one spouse retiring early in life and an eight-year age gap, consideration should be given to the survivorship components for each of their defined benefit pensions, Ms. Guenther says. Sid’s ...

Opinion