Truth 31. About 59 ½

"I don't make jokes. I just watch Congress and report the facts."

—Will Rogers

When it comes to magic numbers, 59 ½ has it all over magic numbers in professional sports. In professional sports, toward the end of a season, a magic number provides fans with something new to obsess about as they mull over how many games their favorite team would have to win to assure themselves of winning a championship. For example, if the Red Sox are leading the Yankees in the standings in the last week of the season and have a magic number of three, it means that any combination of three Red Sox wins or Yankee losses would make the Red Sox the division champions.

When it comes to annuities, like traditional IRAs and 401(k)s, the magic number ...

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