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2. Building a Retirement Game Plan: 4 Steps To Take Now - AOL

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   If you plan to maintain your current standard of living in retirement, you’ll need 70% to 90% of your pre-retirement income, according to the U.S. Department of Labor. If you’re currently ...

3. How To Draw Up a Retirement Budget in 6 Key Steps - AOL

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   Here are six key steps to build an effective retirement plan. 1. Review and Evaluate Your Expenses. The first step to creating a realistic retirement budget is to review your current spending ...

4. Social Security retirement age: When to take Social ... - AOL

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   1960 and later. 67. While the full retirement age used to be 65, changes to the program have increased that age. For example, those born in 1955 now have to wait an extra two months beyond age 66 ...

5. What retirees can do right now to reduce next year's taxes - AOL

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   Double hit in 2025. For those of you who turn 73 this year, the jig is up. For decades, you’ve been squirreling away retirement savings, allowing them to grow tax-free. Now it's time to start ...

6. Best retirement plans for the self-employed - AOL

   www.aol.com/finance/best-retirement-plans-self...

   SIMPLE IRA. The SIMPLE IRA is an easy way for small employers, including the self-employed, to offer employees a retirement plan. The SIMPLE IRA can be easier for an employer to set up than many ...

7. What is a required minimum distribution (RMD)? - AOL

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   James Royal, Ph.D. February 14, 2024 at 9:45 AM. A required minimum distribution, or RMD, is the amount of money that the IRS requires you to withdraw annually from certain retirement plans the ...