Sentences with phrase «approached retirement income planning»

The total return concept has always been part of my thinking though, albeit implicitly, because I've approached retirement income planning from the «safe withdrawal rate» point of view (Trinity study and its offspring).

Not exact matches

While Wynne's minority Liberal government said a CPP enhancement was still Ontario's «preferred approach» to strengthening the retirement income system, the new provincial plan was touted as the next best thing as governments deal with aging populations and people who aren't saving enough for the future.

Schellenberg and Ostrovsky, 2008a use data from the 2007 GSS to determine how Canadians approaching retirement age assess their retirement income prospects and they explore certain other features of their retirement planning.

Bender says anyone approaching retirement should get in touch with a fee - only planner or an adviser who can run various tax - planning scenarios — accounting for everything from your marginal tax rate through retirement to the impact of private pension income — to determine the best plan.

Using this approach, a reverse mortgage loan is established at the outset of retirement and drawn upon every year to provide retirement income until exhausted, allowing the retiree's investment portfolio, such as a 401 (k) plan, more time to grow.

You need an engineering - like approach applied to retirement income planning.

They do not take an engineering - like approach to retirement income planning — but they should.

«The low utilization rate of the do - it - yourself approach is of concern,» she warns, «especially given that DC plans will increasingly become the primary or, in many cases, sole source of retirement income for many workers.

This underscores the need for a more standardized approach to conveying the value of retirement assets in income terms, such as through lifetime income disclosures on DC plan benefit statements for participants.»

Survey data also showed that while 41 percent of 35 - to 44 - year - old respondents are invested in a workplace retirement plan, a third (34 percent) of respondents in that age group said they haven't thought about their approach to employing different sources of retirement income and less than a quarter (23 percent) currently work with a financial advisor.

And that's really been my focus, in terms of retirement income planning really be in a unique field that's different from traditional wealth management, or the approaches used for accumulating assets.

One very popular approach to retirement income planning is the so - called «bucketing» strategy.

Considering the prospect of rising income tax rates in the future and the prevalence of more clients reporting employment income in retirement, the need for a tax - smart approach to a retirement income plan is critical.

The landscape of retirement has changed dramatically over the last few decades, however, and with traditional pension plans dwindling, the future of Social Security uncertain, the rising costs of health care, and now retirement right around the corner, people are rethinking their approach to retirement income.

For many pre-retirees, their anticipated retirement income may be less reliant on traditional pension plans and Social Security, and more reliant on a «pieced - together» approach.

One of the most popular strategies for retirement income planning is to formulate a bucket approach.

The landscape of retirement has changed dramatically over the last few decades, however, and with traditional pension plans dwindling, the future of Social Security uncertain, the rising costs of health care, and now retirement right around the corner, people are rethinking their approach to retirement income.

For many pre-retirees, their anticipated retirement income may be less reliant on traditional pension plans and Social Security, and more reliant on a «pieced - together» approach.