Sentences with phrase «future income stream in retirement»

An annuity is a contract with an insurance company in which you make one or more payments in exchange for a future income stream in retirement.

Not exact matches

And while that's still true — we haven't expedited our plan by forcing ourselves to earn income in the future — we now expect to get a much more diversified set of income streams in early retirement.

Also includes a future payment from a deferred superannuation income stream that is in the retirement phase.

• Annuity income streams disappearing: Future retirees may not have a steady income stream in retirement, as defined benefit pensions decline, which means they will likely be more reliant on assets they must manage themselves instead of receiving a stream of income for life (i.e., an annuity).

The strategies and methods I write about are suited for long term investors that are looking to build large income streams in the future (read: retirement) and in so doing are willing to give up small income streams in the present.