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Your 401(k) Is Up Don t Let It Go to Your Head

There are pitfalls to checking your balance too much even in good times.

United statesShlomo benartziValerie riveraRichard thalerHal hershfieldSuzanne shuJoe pinskerJoe goldgrabCornell sc johnson college of businessAnderson school of managementFidelity investmentsFederal reserveScott nationsDow jones industrial averageFirstgen wealthRetirement accounts

How retirees can safely withdraw more from savings—and not run out of money

According to a Morningstar Inc. recommendation released this week, a new retiree can safely withdraw 4% of retirement savings annually over the next three decades without emptying the till.

United statesGeorge reillySurya kolluriEdward jonesJoe goldgrabKatherine tierneyHealth newsReilly financial group in metuchenGlobal financial literacy excellence centerGeorge washington university school of businessRetirement research at boston collegeNational investment centerSocial securityRetirement researchBoston collegeGeorge washington university school

How retirees can safely withdraw more from savings — and not run out of money

According to a Morningstar Inc. recommendation released this week, a new retiree can safely withdraw 4% of retirement savings annually over the next three decades without emptying the till.

United statesJoe goldgrabKatherine tierneyEdward jonesSurya kolluriGeorge reillyReilly financial group in metuchenRetirement research at boston collegeGlobal financial literacy excellence centerHealth newsNational investment centerGeorge washington university school of businessSocial securityRetirement researchBoston collegeGeorge washington university school

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