Sentences with phrase «covers monthly expenses»

Ideally, your investments provide a passive income stream that covers your monthly expenses, giving you the financial freedom to stop working full - time and focus on activities you're truly passionate about.

Is it any wonder that 30 percent of them worry about covering their monthly expenses?

My goal is to invest on a monthly basis, to create a passive income which will cover my monthly expenses (more...)....

Excess withdrawals not used to cover monthly expenses are assumed to be added to the «Other Savings.»

As needed to cover monthly expenses not paid from available income and required minimum distributions, the planner first deducts from available after - tax savings before drawing from PreTax and then Roth savings.

My strategy is to have some cash in my regular bank account to cover my monthly expenses and invest everything else.

We needed passive income to cover monthly expenses in case I had to quit due to a bad re-org or get laid off.

Monthly option is good for homeowners that need additional income to augment their income so that they can cover their monthly expenses.

Right now we are generating enough income to cover our monthly expenses, but we have already signed new...

Those with debt also require more savings to cover monthly expenses, which could make it necessary to delay your retirement date.

For your checking account, most experts agree that keeping just enough to cover your monthly expenses — plus a small buffer — is a good target to hit.

Your nest egg will need to be big enough to cover your monthly expenses in retirement.

Typically, SoFi borrowers also have a great credit history and enough income to cover monthly expenses as well as student loan payments.

You should not be dipping into savings to cover your monthly expenses.

Let's say your goal is to cover your monthly expenses so you can retire early.

But if you don't consider your options carefully, you may find yourself relying on your credit cards to cover monthly expenses, which is the last thing you want to happen.

So it really has less to do with the amount you have, and more about how your assets can work for you to produce enough to cover your monthly expenses.

In an ideal situation the fund should be able to cover your monthly expenses for at least three months.

If the rent collected each month does not fully cover the monthly expenses of owning the rental property, you have a negative cash flow.

Today, it generally takes income from both spouses to cover monthly expenses.

It happens when your savings and / or income producing assets can cover your monthly expenses for the rest of your life.

In addition to less money to cover monthly expenses, seniors are at the stage where they are drawing down on their retirement savings and dealing with healthcare costs that often rise with age.

According to a new study entitled «The Retirement Abyss: America's Seniors» Search for Security», one - in - four seniors believe they will not be able to cover their monthly expenses in retirement, such as housing and utilities, and nearly 20 percent believe that, without additional cash flow, they will have to give up their homes.

Term life insurance can replace your earned income until your family has saved enough money to cover monthly expenses or loan repayment on your student loans, home mortgage, or credit cards.

Will you be able to charge enough rent to cover the monthly expenses of owning the current home?

I'd say you should have sufficient passive income to cover all your monthly expenses plus an additional 25 % -35 % more....

As I can see you have four big dividend months in the year where it is not a long time away that you can cover all monthly expenses.

The terms of the lease did not cover the monthly expenses associated with the unit and it was also note that comparable rents in the same complex were $ 900 — $ 1,000 in 2013.

Today, it generally takes income from both spouses to cover monthly expenses.

Cover your monthly expenses first and then save your three to six months» emergency savings.

Knowing that if one of them were to die the surviving spouse wouldn't bring in enough income to cover their monthly expenses, both purchase a life insurance policy on each of their lives, should the unthinkable happen.

With this additional coverage, your business may be able to collect funds sufficient to cover monthly expenses and employee salaries in the event that your business must temporarily close or halt operations while you rebuild or repair your business following a fire.

A short - term disability policy offers you income protection to help cover monthly expenses (such as mortgage, rent, utilities, or car loan) if you're unable to work because of a total disability due to illness or injury.

State Farm offers a variety of disability insurance options to cover your monthly expenses (like mortgage, car loans, groceries, and more) if you're sick or injured and can no longer work.

If the primary income earner dies, the other spouse MUST be left with a death benefit to cover monthly expenses.

Additionally, if you add lost - income coverage to your policy, your business may be able to collect funds sufficient to cover monthly expenses and employee salaries while your business undergoes rebuilding or repairs following a fire.

Or maybe you just need to cover some monthly expenses.

You should be able to cover your monthly expenses for three to six months without making a paycheck, says Robert Morris, ABR ®, CRS ®, a broker with Prudential Rowland Real Estate Inc. in Murfreesboro, Tenn..

The national median rent, $ 1,416, is enough to cover the monthly expense (including insurance, maintenance and taxes) of owning a home worth $ 289,505 — considerably more than the national median home value of $ 196,500.

Homebuyers interested in the VA Loan aren't required to reach any kind of income threshold to use their home loan benefits; however, borrowers are expected to have stable, reliable income that will cover monthly expenses — including their new mortgage payment.

Reverse mortgages are often utilized by older Americans for home modifications, long - term care needs or to help cover monthly expenses, among many other uses.

Not exact matches

I gave up a high - paying gig, and now my monthly income doesn't come close to covering my expenses.

To be fair, the pipes over which the data flows are physically finite and there is a cost to maintaining and upgrading them, but one would like to believe that's an expense our monthly Internet access bills are supposed to cover.

It's essentially a cooperative subsisting on revenues of $ 75,000 — enough to cover $ 3,000 in monthly rent and other mutual overhead expenses.

Do you have money coming in to cover those expenses on a weekly, biweekly or monthly basis?

After rechecking my monthly and annual expenditures, I calculated my severance package would realistically cover roughly six years of living expenses.

Our monthly expense is mostly covered by our passive and online income.

For graduates right out of school who are underemployed or are in low - salary fields, their monthly paycheck is often not enough to cover their living expenses and their debt.

Doing it this way keeps the monthly passive income more realistic because I can instantly know which of my monthly expenses are covered by this amount.

This is why it's so important to account for all of your monthly expenses when you do the budgeting math we covered earlier.