Sentences with phrase «access money accumulated»

Not exact matches

Many people find that one of the easiest and most affordable ways to access money is through the equity that they have accumulated in their home.

✓ Social Security and / or pension benefits won't cover your regular expenses ✓ You're a pre-retiree or early in retirement ✓ You've accumulated between $ 250,000 and $ 5 million in retirement savings ✓ You have average or above - average health ✓ You're seeking greater certainty in retirement and more of an insurance product ✓ You don't need access to the money immediately

✗ Social Security and / or pension benefits cover your regular expenses ✗ You're younger than 45 or over 75 years old ✗ You've accumulated less than $ 250,000 or more than $ 5 million in retirement savings ✗ You have below - average health ✗ You're seeking higher risk and more of an investment product ✗ You need access to the money immediately

But any money that you accumulate in the policy can only be accessed either by borrowing it out, or by terminating the policy.

This option can provide money if you terminate your policy or access the cash value you've accumulated, as long as you wait out any imposed maturity period.

If you need to access the money in your GIC earlier than the agreed term length, you will most likely incur a fee or penalty and won't earn the interest accumulated thus far, unless it is a redeemable or «cashable» GIC.

Many people find that one of the easiest and most affordable ways to access money is through the equity that they have accumulated in their home.

The frequency of withdrawals from your policy depends on how much money has accumulated in the policy and how you are accessing it.

Many people find that one of the easiest and most affordable ways to access money is through the equity that they have accumulated in their home.