Planning for retirement is a long-term strategy, but sometimes carefully laid plans go awry. If you're facing an earlier retirement than you planned, it can feel overwhelming. So what are your next ...
“I am considering taking a distribution from one retirement account to pay off the personal loan.” ...
One rule of thumb is that you'll spend 70%-80% of what you spent before retirement during retirement. Using the 4% rule, you can calculate how much you need to save in total.