Sentences with phrase «after essential living expenses»

Not exact matches

If you want the guaranteed income to begin soon — say, to pay for essential living expenses beyond what income from Social Security alone will cover — then an immediate annuity would be a better way to go (although you may still want to hold off a bit to get a better handle on what your actual expenses will be after you retire).

If, for example, after toting up your retirement living expenses (which you can do by going to BlackRock's Retirement Expense Worksheet), you see that your monthly Social Security benefit covers all or nearly all of your essential living expenses, then you may have all the guaranteed income you need.

After all, you've already got enough assured income from Social Security and your pension to cover your essential living expenses.

The amount provided every month can be utilized to take care of their essential expenses and seniors can lead a comfortable life after retirement.