Sentences with phrase «get close to retirement»

It's important that your family has the insurance protection that they need, but what about as you get older and get close to retirement?

The previous answer was YES until you get close to retirement.

Until you get close to retirement, the estimates don't mean a whole lot anyway.

Asset allocation in mostly stocks until you get close to retirement age (which you would then switch into bonds) is generally considered the best investment of your money.

That is why it is always suggested to start your retirement funds early in your life, to make sure you have enough time to invest in potentially high return stocks (with high risk), but when you get close to your retirement age, it is advised to do exactly the opposite.

So, if you can figure out what you're spending is going to be, and it's easier to do as you get close to retirement, then you can figure out, well, gee, I do need to downsize because my house is taking up so much of my income, I'm not going to be able to do the things I want to do.

I usually use about 7 % for my estimates (more like «guesses») knowing that I am so far out that it is all subject to change multiple times before I get close to retirement.

When you get close to retirement, you need to be cognizant of your investing strategy.

It turns out a dependable income stream isn't the only reason to focus on dividends when you get close to retirement.

But once they get close to retirement, we may well have the perfect replacement lined up...

Handy: Theoretically, the amount in private equity should be larger early on and taper off over time as they get closer to retirement age.

I probably won't get to fly those airplanes, because I'm getting close to retirement.

If this is the case, then some CEOs may become more humble as they get closer to retirement.

Investors can be particularly susceptible to recency bias as they get closer to retirement — exactly the time when they can least afford big losses.

If that happens to you, he advises extreme caution, especially as you get closer to retirement.

«Then, as you get closer to retirement and put a price tag on [the life you want to live] you can adjust your plan based on these costs.»

Target - date funds automatically rebalance portfolio holdings among asset classes as savers get closer to their retirement date.

For the most part, Blooom will put your funds mainly into stocks until you get closer to retirement.

Of course, asset allocation is rooted in the idea that maximizing returns isn't the only objective of an investing strategy: You also want to manage risk, especially if you're getting closer to retirement and wouldn't have time to recover from a significant loss in the market.

All else equal, as you get closer to retirement, you may want to adjust your allocation.

As you get closer to retirement, stress test your retirement plan.

The target date fund naturally adjusts your investment allocation between stocks and bonds as you get closer to retirement so you don't have to do much (except keep putting money in!).

So, I know you, like me, we take lots of questions around, you know, as you get closer to retirement, what's the checklist?

Choose the year you want to retire or access the money and your investments go from risky — when you have many years to go until your goal date — to more conservative as you get closer to retirement.

However, as we're getting closer to retirement, we're growing more fond of owning our place and want to make sure that the benjamins are available when we need them.

With the stock market at new highs, you may be getting close to your retirement savings goal.

But Grimes is getting close to retirement and the franchise tag would be overkill to bring back an aging cornerback.

«I'm getting closer to retirement age myself,» Ms. Lems said, «and I don't know whether I can afford to stay here once I retire, because of the high property taxes.

As you get closer to retirement, you may think differently about the amount of risk you're willing to take,» he says.

This amount is very insufficient, most especially if you see yourself getting closer to retirement age.

Finally, keep in mind that as you age and get closer to retirement, you may want to shift to a more conservative allocation to better preserve the savings you've accumulated and to avoid a big setback on the eve of retirement.

If I'm looking at my 401 (k) plan and I'm saying, all right, well, what type of bond should I buy, because I'm getting closer to retirement?

«As the Moreaus get closer to retirement, owning a farm is actually a lot riskier than owning a well - diversified investment portfolio of equities and bonds,» says Franklin.

While the things mentioned here are not exhaustive in nature they are meant to help get your mental juices flowing as to how you can set up an effective strategy so your investing and saving will get you closer to those retirement wishes you do have.

And as you get closer to retirement, you'll also want to consider how different strategies for claiming Social Security and integrating Social Security into your investing strategy might enhance your retirement security.

You'll generally want to be invested up to 90 % in equities when you're in your 30s, then move more into bonds as you get closer to retirement.

For example, your asset mix can change as you get closer to retirement (may affect investment rate of return).

We have a net worth of XXXX currently producing XXXXX of annual income... As I get closer to retirement I can move some of my Berkshire Hathaway over to dividend producing instruments based on the relative price of Berkshire, effectively selling high.

When you get closer to retirement, you might have a 401k, Roth IRA, and brokerage account.

As time passes, the investment mix becomes more conservative as investors in the fund get closer to retirement.

If you rebalance on your own, it makes sense to do so no more than once a year while you're younger, and then no more than once or twice a year as you get closer to retirement.

As you get closer to retirement, you have less time to weather market downturns and allocating more of your money to conservative investments is advisable.

Target - date funds are mutual funds or ETFs with an investment strategy that usually becomes more conservative as you get closer to retirement (or when you want to begin to withdraw funds).

Are you getting close to retirement but aren't sure if you will have enough of an income stream to enjoy your time in retirement?

The general rule is you reduce the risk profile of your portfolio as you get closer to retirement.

As you get closer to retirement, start doing the research.

All else equal, as you get closer to retirement, you may want to adjust your allocation.

If you follow the financial planning advice that is most often offered, you have probably set up your bond exposure to increase as you get closer to the retirement.

All plans must include a target fund option, which gradually shifts from stocks to fixed income investments as the participants get closer to retirement.

Tina Di Vito, director of retirement strategies at BMO, also suggests that as you get closer to retirement you start building up a buffer.