Sentences with phrase «approaching retirement means»

Not exact matches

That means you will have more stocks when you are younger and your allocation will shift to favor bond funds as retirement approaches.

The conventional approach of decreasing your equity allocation in retirement is meant to protect you from big bear markets.

The benefits of that approach, the authors argue, is that SA - DB plans wouldn't necessitate higher taxes and could mean greater retirement security for more teachers.

When it comes to tax - efficient withdrawal strategies in retirement, Diamond says what he has found to be effective is «all of the above,» meaning a balanced approach including early withdrawals from fully taxable sources such as RRSPs, pensions and government benefits.

With a sound investment approach, your retirement account should grow substantially over the years, and that will mean large withdrawals when you begin taking the money out.

«We employ a «to retirement» — instead of a «through retirement» — approach to setting the funds» glide paths, which means that we increasingly assume a more conservative allocation to help reduce risk as retirement nears,» said Tom Nelson, CFA1, the funds» co-lead portfolio manager.

Many of our clients approaching (or in) retirement were invested too aggressively, which meant they ran the risk of not being able to retire as planned, should the market hit a downturn.

That means you will have more stocks when you are younger and your allocation will shift to favor bond funds as retirement approaches.

«Many collaborative clients are of modest means, looking for a way to ensure they do not end up accumulating significant debt or eating up any retirement savings in a legal battle in or outside court... There are not studies to our knowledge that conclude a collaborative approach is more expensive than traditional adversarial negotiations.»

With uncertainty over the future of Social Security in the current White House cabinet, and an increasing strain on the system by aging Baby Boomers, a more prudent approach is to think of Social Security as an insufficient means of covering your retirement living expenses on its own.

This means seniors in America are going to live for longer and if you too are an American retiree or approaching your retirement; you are supposed to look for a reliable source of income to spend the later years of your life.

Lisa Snyder, a Wealth Management Consultant with UBS Financial Services in California, says, «Same - sex spouses should approach retirement planning just as opposite - sex spouses should,» and that means executing a three - part strategy:

If you are approaching retirement and considering whether to take your full pension or the reduced spousal benefit, life insurance can be a means of «having your cake and eating it, too.»