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Manage 401(k) Withdrawals Tax-Efficiently
- Withdraw from your 401(k) before claiming Social Security to manage taxes wisely.
- Avoid exceeding the 24% tax bracket by spreading withdrawals over time.
Consolidate for Simplicity and Growth
- Consolidate your investment accounts for easier management and flexibility.
- Consider using short term bond funds and some stocks to balance safety and growth.
Dollar Cost Average for Medium-Term Goals
- Keep dollar cost averaging into index funds when saving for a goal 5-7 years away.
- Market downturns can be weathered in that timeframe, boosting your returns over time.