Sentences with phrase «already at retirement age»

(Incidentally, while CPP is gradually being expanded over the next 40 years, as announced over the summer, that will not greatly impact readers of this column, who we assume are close to or already at retirement age.

Not exact matches

The survey of 903 adults aged 50 or older, who are either already retired or plan to retire in the next ten years, revealed those who began receiving Social Security income early report a lower average monthly payment ($ 1,190) than those who started at their full retirement age ($ 1,506) and those who delayed benefits until age 70 ($ 1,924).

If you are not already receiving benefits, be sure to contact us at the beginning of the year you reach full retirement age.

The age at which you can receive full retirement benefits is already scheduled to increase to 67 for anyone born in 1960 or after, and it's likely to go even higher.

Taking RMDs is not a big deal if you're retired at age 70 1/2 and are already living off your retirement savings.

Inso far as the length of police service is concerned, the Hutton enquiry has already made a concession in respect of «uniform» service that retirement should be at age 60 years.

The biggest financial item in the new Senate Democratic plan is offering a retirement incentive program to state employees who are already eligible to retire at age 55.

If your spouse already receives benefits, ask them what their benefit would be if it started at their full (or normal) retirement age.

If you are not already receiving benefits, be sure to contact us at the beginning of the year you reach full retirement age.

If you already have permanent insurance in place at a young age, you will be paying low premiums in retirement compared to someone who is taking out a new policy.

Taking RMDs is not a big deal if you're retired at age 70 1/2 and are already living off your retirement savings.

Go to a retirement income calculator that uses Monte Carl0 analysis to make projections, plug in such information as your age, salary, savings rate, the amount, if any, you already have stashed in retirement accounts, the stocks - bonds mix you arrived at in step 2, the age at which you intend to retire, the percentage of pre-retirement income you'll require in retirement (80 % or so is a decent estimate) and how many years you expect to live in retirement (I suggest to age 95 to be on the conservative side)... and voila!

Using the National Retirement Risk Index (NRRI), which measures the percentage of working - age households «at risk» of falling short in retirement, the analysis found that if NRRI households had started out with today's student debt levels, the index would be 56.2 percent of U.S. households at risk instead of the already alarming 51.6 percent.

Although Phillip's still about two decades out from retirement, his hugely successful career as an up - and - coming investment banker at J.P. Morgan has already allowed him to amass a portfolio worth $ 1.25 million at the age of just 37.

Leonard is 39 and still a couple of decades out from retirement, but his successful career at such a young age as a hot - shot graphics designer for a prestigious advertising firm has allowed him to already amass a more than quarter million dollar portfolio — allowing him to already start saving up for college for his three daughters.

The age at which you can receive full retirement benefits is already scheduled to increase to 67 for anyone born in 1960 or after, and it's likely to go even higher.

The Social Security Administration already provides such personalized information about the projected annual Social Security retirement benefits that workers can expect to receive if they retire at various claiming ages.

When you get to retirement age, you have already been at the act of gathering possessions for several decades.