At 64, Robin is retired with a healthy $700,000 nest egg. On paper, she should feel secure. Yet instead of enjoying her days, she finds herself opening her retirement account app five times a day, watching the balance tick up and down with the market. Each dip sparks anxiety: What if I run out? What…
If you’ve accumulated $10,000 through saving or you’ve come across a windfall, you might be wondering how to best put those dollars to work. To find out what investors would do with that cash, Empower surveyed over 1,000 stock owners and asked them how they would invest $10,000. Read Next: I’m a Financial Advisor: 4 Investing Rules My…
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Because Medicare premiums are tied to income, converting a $235,000 retirement account to a Roth IRA has the potential to cause Medicare Part B premiums to increase. For many taxpayers, in fact, a single-year conversion of that magnitude could…