FAI-Age Milestones

Every age is a gift.

Milestone birthdays offer a reminder that time passes quickly and the future is at our doorstep. They may cause you to think more about your health or to take a renewed interest in your bucket list. If you’re approaching an age-related milestone, there are also some important financial considerations to take into account, such as:

  • Age 50: Make catch-up contributions to IRAs or other qualified retirement plans
  • Age 55: In some cases, take distributions from your 401(k) plan without penalty if you’ve retired
  • Age 59.5: Take distributions from your IRAs without penalty
  • Age 62 – 70: Apply for your Social Security benefits
  • Age 65: Apply for Medicare
  • Age 70.5: Begin taking Required Minimum Distributions (RMDs) from your IRAs or your employer retirement plan

FAI Wealth Management can develop a plan for your wealth that addresses your age and your goals, so you can be right where you want to be at every milestone and every year in between.

Recent News

Recent News

FAI's Annual Medicare 2019 Update with Kevin Dougherty

FAI's Annual Medicare 2019 Update with Kevin Dougherty

9/9/2019 12:00:00 AM EDT
a week ago

Once again this year, we're honored to have Kevin Dougherty join us as an independent insurance agent specializing in Medicare. Although Medicare coverage doesn ...

Executive Women Burnout: Tips for Finding Serenity and Meaning

Executive Women Burnout: Tips for Finding Serenity and Meaning

9/3/2019 12:00:00 AM EDT
a week ago

“My day began at 4:30 AM. I went to the gym, had some coffee and drove to the airport for a meeting in Atlanta ...

Upcoming Events

Upcoming Events

FAI's Annual Medicare 2019 Update with Kevin Dougherty

FAI's Annual Medicare 2019 Update with Kevin Dougherty

9/26/2019 11:00:00 AM EDT
You're invited to join us for FAI's Annual ...

FAI's Quarterly Investment Review Webinar

FAI's Quarterly Investment Review Webinar

10/31/2019 11:00:00 AM EDT
Curt Gross, FAI's Chief Investment Officer, will be going ...