Not exact matches
Perhaps the business leaders» attitude toward older workers has to do with their own
retirement plans — many expect to retire a few
years later than originally
anticipated.
(Longevity doesn't always mean extra healthy
years, and the latest estimates from Fidelity
anticipate even a healthy couple could spend $ 275,000 on routine care in
retirement.)
«Over the course of a 25 - or 30 -
year retirement, it reduces
anticipated Social Security income by tens of thousands of dollars.»
Examples of pertinent questions include
anticipated income during
retirement years and money left for the next generation.
«We see growing demand for our protection and
retirement income products, and
anticipate another strong
year in 2018 as we continue to introduce product innovations and new digital capabilities,» said Walter White, president and CEO of Allianz Life, in a news release.
The U.S. Supreme Court broke for its summer recess without an
anticipated retirement announcement from the 80 -
year - old Justice Anthony Kennedy.
In fact, from 1989 to 1999 the average age of university teachers increased by almost 10
years to 52, and it is
anticipated that 30 % will reach
retirement by 2005.
And, although he does not
anticipate «a gush» of new positions, Goldin says academic job prospects for physicists are «looking better» than they have in recent lean
years — not only because of faculty
retirement but also because fewer physicists are choosing to remain in the ivory tower, meaning less competition for openings.
For many teachers, a defined - benefit pension plan at
retirement is hardly a «fringe» benefit — rather, it is a long -
anticipated payoff at career's end, after
years of modest take - home pay.
Now, he's considering an early
retirement — a move directly tied to an
anticipated drop in pay for the next school
year — nearly $ 3,000 annually.
As early as October 2013, Lembo's office — which administers the health care benefits for retired state workers and their dependents — warned the governor of a likely surge in costs in the 2014 - 15 fiscal
year, largely because of an
anticipated jump in
retirements among prison guards.
Each Freedom Fund name includes a date, which can help investors to choose the fund that represents their
anticipated year of
retirement, their «target date.»
For people who
anticipate a tax rate of 15 % in
retirement, it probably doesn't make sense to pay a higher rate than that on a Roth conversion, even if their investment horizon is 30
years or more.
A big reason for this is his contention that you can
anticipate earning 12 % per
year on your
retirement investments in growth - oriented mutual funds.
Depending on your
anticipated return on investment and the number of
years until
retirement, this can increase your rate of return by a factor of 15 % to 25 % or more.
But, if you're
anticipating retiring next
year and will need the money, a bad
year could put a substantial dent in your
retirement budget.
They are on track to pay off their debt and boost their net worth to about $ 500,000 over the next seven
years, which will coincide with Susan's
anticipated retirement.
They can also
anticipate significantly higher expected excess returns, which over a 30 -
year working career could build a
retirement fund 25 % larger than that of their less - knowledgeable peers.
Each
year in
retirement Shaun and Kara will want to
anticipate their upcoming taxable income and adjust accordingly, particularly in those
years when they are starting CPP and OAS.
For example, let's say you need a $ 50,000 annual income in
retirement, and you
anticipate the market will be only mediocre, with just a 6 % return during the
years of your
retirement.
Each Freedom Fund name includes a date, which can help investors to choose the fund that represents their
anticipated year of
retirement.
The client's life expectancy can impact the number of
years of
anticipated retirement, and even the age at which the client chooses to retire.
As Michigan, Massachusetts, and New Jersey eye pending nuclear
retirements over the next two
years, ratepayers in those states should
anticipate sharper weather - driven volatility in their electricity prices.
These specifics can help guide you to a precise path to
retirement savings that
anticipates the changes in your personal and financial levels over the next several
years.
For instance, if a key individual is 45
years of age and the
anticipated retirement for that person is 65, then a suitable term life insurance length would be 20
years.