Sentences with phrase «as a retirement tool»

Annuities are generally used as retirement tools.

To understand what an HSA is and how it can be used as a retirement tool we should first define them.

Annuities are generally used as retirement tools.

Finally, let's talk about investing the rest of the money you've saved by using term life insurance as a retirement tool.

The respondents were generally misinformed about reverse mortgages, while holding a slightly negative view on reverse mortgages as a retirement tool;

Not exact matches

Because of their flexibility, portability and tax advantages — and rising projections for retiree health costs — StoneStreet's Delaney says she's focusing more on HSAs as a retirement planning tool.

For example, if you're looking to build a retirement savings plan, the tool pulls in your current spending activity from your linked accounts, analyzes government data on spending patterns for people as they age, and then crunches the numbers to estimate your actual spending in retirement.

Rather than offering RetireGuide as a separate tool in a separate place on the website, Betterment's retirement advice is now integrated into your Retirement Goals section.

As a Senior Manager of Retirement and Annuities, Christine Russell is responsible for the development and management of retirement products, tools and services at TD Ameritrade with a particular focus on retirement income planning.

Despite missing the mark on your figures, other calculators and tools such as Personal Capital and Financial Engines give me a «very likely» chance of hitting my goal retirement date and income.

Planning for the future — but still not confident Despite using various financial tools for retirement savings such as RRSPs (45 per cent), cash savings (43 per cent), or TFSAs (39 per cent), 45 per cent of Canadians are still not confident that they will have enough money in retirement to afford the lifestyle they want.

The tool will then determine if your nest egg will likely be able to support that level of spending throughout retirement or whether you'll need to make adjustments, such as cutting back on expenditures or revising your investing strategy.

Enter such information as your age, salary, how much you already have saved and how much you're saving each year retirement, and the tool will estimate your chances of being able to retire on schedule with sufficient income.

It is important to keep a diversified portfolio, and preferred shares are a great tool to stay diversified as you near retirement or hope to avoid market volatility.

You can consult with a CERTIFIED FINANCIAL PLANNER ™ (CFP) or explore some of the retirement planning software tools available on the web through various fund companies such as Fidelity, T. Rowe Price or Vanguard to create a decent retirement plan.

The Three Year Attribution Rule applies when the money is taken out too early and the government thinks that the spouses are in cahoots to use this retirement - planning tool as a way to lower their tax bill instead of saving for retirement.

Chip: People forget, or never knew, that retirement pensions were created as a workforce management tool.

As a founder of NewRetirement, Kathleen is passionate about delivering empowering tools and articles to people who are concerned about retirement.

The knowledge you'll gain coupled with the tools and training our program provides, as well as access to our team of experts, allows advisors to embrace the complexity of the Social Security retirement system as a key differentiator in the day to day battle of client acquisition!

After the so - called «lost decade» and the Financial crash of 2008 - 2009, many people derided the 401 (k) as a scammy money - grubbing employer tool that leaves employees ill - prepared for retirement.

If you are concerned about having enough money for your retirement, tools such as the MoneySmart Retirement Calculator will help you work out if there is a shortfall in your plan.

As each of these groups — Baby Boomers, millennials, women and soon - to - be-retirees — look at retirement planning, fixed indexed annuities (FIAs) have become an increasingly popular tool in ensuring their retirement plan is balanced.

The 120 second spot entitled «Line of Credit,» is airing now, as the first of three ads scheduled to run over the next quarter depicting reverse mortgages as a retirement planning tool.

You can do that by going to an online tool like BlackRock's Retirement Expense Worksheet, which allows you to break down your expected retirement expenditures into upwards of 50 different items, ranging from essential expenses like food, clothing, housing and health insurance to discretionary ones such as travel, entertainment and charitable donations.

You also probably want to revisit that risk tolerance - allocation tool every couple of years, especially as you near retirement, to see whether your risk tolerance has changed and, if so, re-set your target stocks - bonds mix.

With new safeguards in place, these Federal Housing Administration1 (FHA) insured loans are now recommended by many financial advisors as a smart tool to use in your retirement portfolio.2 Despite the positive press that reverse mortgages have received, there are still many misconceptions surrounding them.

At the same time, active investing can be a valuable tool in more effective and nuanced management of risks, particularly in the crucial phases as individuals approach and enter retirement.

The IALC is here to help you not fall into this statistic, preparing you with tools and information, as you work to create peace of mind when it comes to retirement planning.

For many people, a reverse mortgage can serve as an intelligent retirement financial planning tool or help alleviate a challenging financial situation.

Your might not have known that your life insurance policy can double as life insurance and an investment tool for your retirement planning!

Employers often offer retirement planning tools, such as 401 (k) plans; other individuals use IRAs or Roth IRAs to save in accounts that offer great tax benefits.

Use a retirement calculator such as the RRSP savings tool at getsmarteraboutmoney.ca to figure out how much you are likely to save and how much annual income it would provide.

Other borrowers use their proceeds as a line of credit, using home equity as a strategic financial retirement tool to reserve a line of credit that grows automatically over time.

You go to a retirement income calculator that uses Monte Carlo simulations to make its projections, plug in such information as your income, the current value of your retirement accounts, how much you're saving each year and the age at which you plan to retire, and the tool will estimate your probability of achieving your goal.

But every generation, from Baby Boomers to Gen X, can benefit from using a robo advisor as their main retirement tool.

These regulations and rules are meant to encourage borrowers to use this great financial tool as part of an intelligent retirement planning strategy, which in turn solidifies the overall strength of the reverse mortgage loan product.

Enter such information as your age, salary, how much you already have saved and how much you're saving each year retirement, and the tool will estimate your chances of being able to retire on schedule with sufficient income.

The tool will then determine if your nest egg will likely be able to support that level of spending throughout retirement or whether you'll need to make adjustments, such as cutting back on expenditures or revising your investing strategy.

Considering it as an investment tool plus a retirement plan, since after 35 years i.e. at the age of 60 it will give a lump - sum amount, is it wise decision to buy the life insurance under given conditions?

A TFSA is an important tool when planning for retirement income because it can hold a wide range of investments (such as dividend paying stocks) that can provide tax free income upon retirement.

Tools such as BlackRock's CoRITM can help estimate how much retirement income could be generated when annuitizing one's current savings.

With terms of 6 months to 4 years, use a certificate as a flexible savings tool for retirement, education expenses or a home purchase.

Before applying for a reverse mortgage make sure you learn as much as you can about the loan — including what home types may be leveraged with this viable retirement tool.

Leverage your assets — You can use a reverse mortgage as a tool to maximize your retirement accounts.

These individuals use reverse mortgages as a tool to maximize their retirement accounts.

A reverse mortgage can be a useful financial tool as unexpected expenses pop up during your retirement years.

When the IRA was introduced in 1974, it was designed as a retirement savings tool.

There are many exemptions (such as retirement accounts, life insurance, and trade tools) that are not listed and may be beneficial to you.

While an IRA is most widely and commonly used as a tool to save for retirement you can actually set one up for your child.

Tax - free savings accounts, created just five years ago by the Harper government as a tool that would allow Canadians to grow retirement investments while sheltered from capital gains taxes, are increasingly being challenged by Canada Revenue Agency auditors targeting investors that show large gains in their account.