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  2. Retirement Savings: 7 Drawbacks of Using Only a 401(k) - AOL

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    To optimize your retirement income, Beard recommended coordinating 401(k) withdrawals with your Social Security claiming strategy, so as to reduce the tax impact on your benefits. Limits in ...

  3. Retirement Expert Says Too Many Americans Are ... - AOL

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    If the 401(k) is performing well and has low fees, leaving it untouched can be a good choice. “Many employer-sponsored 401(k) plans offer competitive investment options and may have lower fees ...

  4. 401 (k) 'hardship' withdrawals surge to another record as ...

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    A record-breaking number of Americans are making emergency withdrawals from their 401(k) retirement plans in order to cover a financial hardship amid the ongoing inflation crisis, according to new ...

  5. I Cashed Out My 401(k): How I Bounced Back and Saved ... - AOL

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    In addition to ramping up 401(k) savings, Rose advised exploring ways to generate supplemental income that can be invested for retirement, such as starting a side business.

  6. At age 50, then, many experts suggest that this retiree would need to have – at a bare minimum – around $600,000 up in a 401 (k), or other tax-advantaged account. That would give the retiree ...

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