Sentences with phrase «estimated retirement date»

These funds allocate your portfolio between stocks and bonds based on your estimated retirement date.

Not exact matches

I estimate that I'm 5 years from retirement, but that date was picked with the goal of $ 10,000 / month in passive income.

Target date and target retirement funds are based on an estimated retirement age of approximately 65.

Each person's Social Security benefit will depend on a number of factors, including earnings history and the age at which they claim benefits, but the maximum Social Security benefit for a person retiring at full retirement age in 2018 (between age 65 and age 67, depending on birth date) is $ 2,788 a month — or about $ 33,400 a year.2 To create a personalized estimate for Social Security benefits, use the Social Security Administration's Retirement Estimator.

(You can leave column 3, the estimate for your future spending in retirement for a later date.)

Knowing your statistical life expectancy, based on your gender and birth date, can help you estimate how much you will need in retirement.

Based on this information and your actual earnings history as maintained by the Social Security Administration, the Retirement Estimator generates an estimate of the amount you would receive if you were to retire at age 62 (the earliest date you can receive benefits), the amount if you waited until full retirement age (which currently ranges from 65 to 67, based on year of birth), and the larger benefit you would receive if you continued working until age 70 before claiming retirement benefits.

Based upon comparison of estimated figures to date of retirement without the accident in 2028, the total potential loss of earnings is about $ 420,500.