Am I financially prepared for retirement?

Q: I am 67 years old and I am finally getting ready to retire. I have been pretty good about saving money in my IRA and 401(k) over the years and I now have about $600,000 in retirement savings. In addition, my home is paid off and I have another $150,000 in the bank. I want to be sure I am financially ready to retire. I’m especially interested in how much you think I can safely take out of my IRA each year.
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Watch out for fund expenses

I love mutual funds. My wife says I sound like a total investment nerd when I talk this way, but I say it without shame or embarrassment. Mutual funds are beautiful and elegant and powerful. From the moment the first mutual fund was launched in 1924, they have allowed millions of people to participate in the capital markets who would never have had the opportunity otherwise.
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Time for an IRA checkup

Individual Retirement Arrangements, or IRAs, are a great way to save for retirement. Unfortunately, many IRA account holders put their accounts on autopilot. They fund them every year and they adjust their investments from time to time, but they rarely step back and take a careful look at how their IRAs are set up.
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The fine art of charitable giving

Giving effectively to charity is one of the most rewarding aspects of learning how to manage wealth. It is also an area full of pitfalls. If you are thinking about starting a charitable giving program, try to get your financial advisor involved early in the process. She can help you avoid many of the frustrations and mistakes that hamper some charitable giving efforts. In addition, your financial advisor can help you do the careful due diligence that should precede your charitable giving
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Five last-minute tax questions

When it comes to minimizing taxes, it is good to leave no stone unturned. Here are five questions to ask yourself as we come to the end of 2018. As you think through these, you should consult with your own tax professional or financial advisor to see how they apply to your particular situation.
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