Sentences with phrase «essential expenses if»

Emergency funds can help cover essential expenses if you lose your job, face a major illness, or run into other financial hurdles.

Not exact matches

On the other hand, someone who runs a home daycare may not be able to claim the expense at all if it's not essential to the running of the business.

Doing a detailed budget is essential in order to determine if you can afford the cost of a loan, as it will indicate the effects of the new expense on your other bills.

If you don't need your distributions for essential expenses, RMDs may be a nuisance.

If we were to stop working today and just continue living as is and without moving from our apartment, just the passive income from the dividends and the rental property would cover all of our essential expenses including all food, housing and transportation costs.

Because these expenses are not essential, you can potentially lower or postpone them if your financial situation or needs change.

I don't know that soaking is essential in order for you to be able to get the nutrition, and have not seen studies comparing the effects of soaked and unsoaked nuts, but if you want soaked nuts without the added expense, that is the way to do it.

But if you're covering most of your essential expenses from Social Security, pensions and (if needed) annuity payments, you should have flexibility to adjust withdrawals as needed.

If, on the other hand, your Social Security and any pension payments fall well short of covering your essential expenses, then you might want to consider closing or narrowing that gap by devoting some, but not all, of your nest egg to an immediate annuity that can generate additional lifetime income.

If those sources alone aren't enough to pay most or all your essential expenses, you may want to consider devoting a portion of your nest egg to an immediate annuity to cover of the shortfall.

Then try to cover as much of your essential retirement expenses with assured income sources like Social Security and pensions (if you have one).

If you want the guaranteed income to begin soon — say, to pay for essential living expenses beyond what income from Social Security alone will cover — then an immediate annuity would be a better way to go (although you may still want to hold off a bit to get a better handle on what your actual expenses will be after you retire).

If you've got a big enough emergency fund — a minimum of six months» essential expenses — you'll have the buffer you'll need to deal with a rise in interest rates.

If you don't have a guaranteed stream of retirement income beyond Social Security — such as an annuity — to help cover essential expenses, consider focusing on paying off your mortgage to eliminate that expense.

It respects being the need to be able to plan by choosing a floor level at your essential expenses, and allows for more spending if things are going better.

If, for example, after toting up your retirement living expenses (which you can do by going to BlackRock's Retirement Expense Worksheet), you see that your monthly Social Security benefit covers all or nearly all of your essential living expenses, then you may have all the guaranteed income you need.

If you're considering taking out a loan write down a list of all your household essential expenses as well as income, including state benefits that you receive.

If you stay put, you can cover essential expenses by borrowing against it with a reverse mortgage or home equity line of credit — albeit only as a last resort.

If it turns out that Social Security (which is also effectively a pension) will provide enough income to cover all or most of your essential living expenses, then you may not need more pension - like income from an annuity.

Go to an interactive retirement budget worksheet and divide your estimated retirement expenses into two categories — essential outlays (housing, transportation, insurance, etc.) and discretionary expenditures (travel, entertainment, etc.) Tally each category, and then see how your essential expenses stack up versus what you'll get from Social Security (and a pension, if you receive one).

Many retirees like the security of knowing that all or most essential expenses will be covered even if the financial markets founder.

Just enter all your current expenses — which shouldn't be hard as the worksheet allows for more than four dozen different entries — and be sure to check the «essential expense» box next to the outlay if it is essential as opposed to discretionary.

Yah, I know, if you can hardly make ends meet right now, how are you supposed to come up with six months» worth of essential expenses for an EF?

Many retirees enjoy the feeling of security that comes from covering all or most of their essential retirement living expenses with income they can count even if the market tanks.

Suffice it to say, if you build assets that generate enough passive income to take care of your essential expenses, you are financially independent.

And since the cost of delaying the purchase of an annuity is relatively low, if you're unsure, you may want to wait until you get a better handle on just what your essential retirement expenses will be before deciding whether to cover some or all of them with annuity income.

If Social Security's payments are enough to cover all or most of your essential living expenses, you may not need to devote any of your savings to buying more guaranteed income.

If automatic payments don't appeal to you, you can still take advantage of alerts of upcoming due dates for your cell phone bill, rent or other essential expenses.

If, on the other hand, assured income sources like Social Security and pensions will likely cover all or most of your essential expenses, then an annuity might be superfluous.

If you need to use these funds to cover essential college expenses (like textbooks or off - campus housing), then by all means use it.

If Social Security payments alone cover all more most of their essential expenses, chances are don't need an annuity.

If you're not sure how much your essential, or for that matter non-essential, expenses amount to each month, you can get a fix on them by filling out this BlackRock Retirement Expense Worksheet.

If the amount that you'll receive from Social Security and any pensions covers all or most of your essential living expenses in retirement, then you probably don't need any more guaranteed income.

If your Social Security payments are large enough to cover all or nearly all of your essential retirement expenses — which you can estimate by going to one of the online budget calculators listed in RealDealRetirement.com's Retirement Toolbox — then you may be able to get by quite nicely on Social Security plus periodic withdrawals from your diversified portfolio of stocks, bonds and mutual funds to cover any excess expenses as well as emergencies and occasional splurges.

But, what if the consumer in question simply can not afford to pay their credit card bill without sacrificing monthly essentials, like the mortgage or rent, utilities, food, clothing or medical expenses?

(You'll also want to keep enough cash in an emergency reserve to pay roughly three months» worth of living expenses or, if you're retired, one to two years» worth of essential living expenses beyond what's covered by Social Security and any pensions.)

Similarly, if you collect enough income from Social Security and pensions to cover all or most of your essential living expenses, you may not be a candidate for an annuity.

The important thing is to have a good handle on your expenses and divide them into two categories — essentials and discretionary items — so you know how much maneuvering room you'll have if you need to cut back spending at some point in the future.

If you don't have any priority arrears or essential expenses to pay for, you could pay any extra money you have to your remaining creditors.

June: 3rd — Interview for the Grown Up Gap Year: If We Can Do It So Can You with Jonny Blair of Don't Stop Living 4th — Contibutor to Essential Travel.co.uk with an article called 10 Ways to Organise a Budget 6th — A guide to getting a Chinese Visa on Visa Nerd: A Guide to Getting A Chinese Visa in Hong Kong 11th — Interview with Dave and Vicky on A Couple Travelers: Interview with Jonny Blair 19th — Interview on My Destination: Big Blogger Interview — Jonny Blair of Don't Stop Living 25th — Featured for my advice on saving money on internet and Wi - Fi usage on Round the World Expenses: Essential Tips to find free wi - fi or internet service 25th — Interviewed on Almost Fearless Backpackers: Tuesday Talks with Jonny Blair of Don't Stop Living 26th — My Happiness Story on Adam Pervez's site Happiness Plunge: Stories of Happiness Pursuers — Jonny of Don't Stop Living 28th — Included in Nomadic Samuel's Top 100 Travel Blogs — Don't Stop Living in at 96 on Alexa.

[170]... where the trial judge finds that representation of an accused by counsel is essential to a fair trial, the accused, as previously indicated, has a constitutional right to be provided with counsel at the expense of the state if he or she lacks the means to employ one.

In summary, if you want to maximize your recovery for out - of - pocket expenses incurred because of your injuries, accurate record keeping is essential.

Besides, if managing PDF files is essential to your practice, $ 240 / year should not be a make - or - break expense.

If you're the primary income earner in your family, they would struggle financially if they no longer had your paycheck for essential expenseIf you're the primary income earner in your family, they would struggle financially if they no longer had your paycheck for essential expenseif they no longer had your paycheck for essential expenses.

Having the right travel insurance is also essential if you want to avoid unexpected losses or expenses due to missed connections and travel delays.

Also, if someone passes away during their stay in the US, the loved ones should get an accumulated amount to take care of funeral, medical and other essential expenses.

If you are at a job or run your own business and suddenly pass away, your family will need a financial assistance to take care of the essential expenses till they find a job for themselves or think about their business continuing plans.

If an accident does occur, and your employee is injured, workers compensation insurance is essential to protecting them from further damage, such as medical expenses and lost wages.

As you know, spending less money is essential to build your savings; and if you spend less you'll have more to set aside for unexpected expenses.

Therefore, if the beneficiary is counting on a certain amount of funds for paying final expenses, estate taxes, or any other type of debt with the life insurance proceeds, it is essential that either the loan or withdrawal be paid back, or the beneficiary be made aware of the unpaid balance.