Sentences with phrase «first few years of retirement»

It's easy to spend a bit too much during your first few years of retirement — particularly on vacations, Plessl and Houser note, as people want to travel while they're still healthy.

for those of us with almost all of our retirment in traditional 401ks our withdrawl rate is only for us to decide on the first few years of retirement assuming a person retires at full retirement age!

Since the pre-retiree needs the money soon, their chances of that money lasting through retirement would be considerably less if we have a bad market in the first few years of their retirement.

The final years of work and the first few years of retirement tend to have increased variability of either income, deductions, or both.

In other words, you'll have less Social Security income in the first few years of retirement in order to get larger benefits later.

This can be particularly beneficial to investors who are recently retired or approaching retirement, since the impact of a big market downturn can be especially devastating in the first few years of retirement.

Since the pre-retiree needs the money soon, their chances of that money lasting through retirement would be considerably less if we have a bad market in the first few years of their retirement.

Unfortunately, delaying the pension means we'd be pulling 100 % of our spending needs from our investment assets during the period of the deferral, and it's critical to ensure we have the liquidity for that large of a pull in the first few years of retirement.

During the first few years of his retirement, Marjorie Edgeworth's husband, John, used to pace outside the door of her Toronto home office waiting for her to finish work.

«Ensuring a sustainable income in the first few years of retirement makes for a very comfortable starting point,» says Daryl Diamond, of Diamond Retirement Planning Ltd., author of Your Retirement Income Blueprint.

The first few years of your retirement are particularly crucial.

The final years of work and the first few years of retirement tend to have increased variability of either income, deductions, or both.

Similarly, if you intend to tighten your belt in the first few years of retirement as a safety measure, you might make these ballast buckets smaller.

This can have a particularly devastating impact on your portfolio if a big market downturn strikes in the first few years of retirement.

Again, if you're unlucky enough that this happens in the first few years of retirement, the repercussions will be magnified though the rest of your retirement.

Now we're 40/60 stock / bonds + cash since we're no longer working and those first few years of retirement are the most critical.

If a major downturn happens in the first few years of your retirement, your annual withdrawal will eat up far more of your nest egg than the staight - line calculations of a few paragraphs ago would suggest.

For that reason, changing your allocation might be suitable in the first few years of your retirement.

If you would need to withdraw from your portfolio each year and encounter a recession in the first few year of retirement, your success rate would drop considerably.

For instance, in the first few years of retirement, you might want to travel or take up a new hobby.

Over these first few years of retirement I'm sure I'll have to make quite a few adjustments but for a financial planning nerd like me that's just another one of my hobbies.

If you are 5 - 10 years from retirement, I would suggest protecting money you'll need in the first few years of retirement by putting it in bonds.

In the first few years of retirement we don't want to erode the nest egg since there may not be time to recover.

Take too much out of your retirement savings, especially in the first few years of retirement, and you'll end up with serious cash shortages later on.

For example, you might decide to pick up a part - time job during your first few years of retirement.

As for your retirement savings, it's best to assume that during your first few years of retirement you'll take no more than 3.5 % per year of the total balances in those accounts.

4) The error caused by using the Gordon Model is mitigated because it is the income stream during the first few years of retirement that influences the Safe Withdrawal Rate most heavily.

But here you have a dilemma because you have to be prepared to absorb the possibility of a big market decline or adverse changes in interest rates, which can be especially devastating if it happens in the first few years of retirement.