Derek Foster is known as Canada's
Youngest Retiree when he retired at the young age of 34.
Not exact matches
Whether you're a struggling
young parent or a wealthy
retiree, every life stage brings challenges
when it comes to estate planning.
If you are a FERS
retiree when you die, your eligible spouse will be paid 50 % of the amount of your annuity, plus a Special Retirement Supplement if your spouse is
younger than age 60 and not yet eligible for Social Security benefits.
But there are other scams as well —
retirees should run everything significant past a smart
younger person who is skeptical, and knows how to say no
when it is necessary.
When choosing a place to live, whether as a
young adult or as a
retiree, cost is always a major factor.
So, consider which is a better retirement plan... to defer your life insurance and pay exorbitant premiums later, or pay more
when you're
younger and enjoy fully paid up life insurance protection as a
retiree?