Meanwhile, 5 percent of Americans say they didn't save
anything for retirement this year or last.
Not exact matches
She wished she had changed her career path sooner in her life but now that she is in her late 50s, she was too close to
retirement age to change
anything and it was best to just stick it out —
for another nine
years!
During the recession two
years ago, 35 % of workers weren't saving
anything for retirement; now 41 % aren't, says the latest report from the Employee Benefit Research Institute.
Your first step should be to review your
retirement savings goals and assess whether
anything significant has occurred during the past
year that might affect either your outlook
for retirement or your current strategies to prepare
for it.
You can use these funds
for anything, such as paying bills and living expenses, repairing and improving your home, or simply enjoying life in your
retirement years.
However, access your money
for anything other than purchasing a first home or
for retirement aged 60 + and you'll pay a 25 % withdrawal penalty (after the first
year of the scheme).
There is the possibility
for Blair, 55, to serve a second five -
year term, but the firm's mandatory
retirement age of 65 would prohibit
anything beyond that.
When you are well into your
retirement years your premiums will be so high that you will not be paying
anything into your
retirement and your cash value will be decreasing to pay
for the Cost Of Insurance.
A senior citizen renting a condominium or townhouse and spending her
retirement in VA can use the protection offered by a Roanoke renters insurance plan to prevent the possibility of having to start over with nothing to show
for years of hard work if
anything happened to her place.
Go ahead and shake your finger and carry on about how they should have been saving through the
years for their
retirement but spare me the indignation, because a lot of these people never made enough money to save
anything.
You can use these funds
for anything, such as paying bills and living expenses, repairing and improving your home, or simply enjoying life in your
retirement years.