Sentences with phrase «living on a fixed income of»

These days Louis, whose name we've changed to protect his privacy, is living on a fixed income of $ 29,000 a year but he's worried.

Not exact matches

Owners of fixed indexed annuities (FIAs) with guaranteed living income benefit (GLIB) riders are much less likely to surrender their contracts than they were 10 years ago, according to new research based on 3.3 million policyholders.

Bob @ Dwindling Debt writes Great Tips for Cutting Expenses in Retirement — The average retired person already knows how to live on a fixed income, especially if they have been retired for a number of years.

Today, over 57 percent of muni investors are over the age of 65, many of whom live on fixed incomes, according to IRS data.

«For people living on modest means and fixed - incomes, like our many of our senior citizens, paying rent and keeping up with the rising costs of living can seem insurmountable,» said Robert Riggs, Senior Vice President & Regional Director at CPC.

«Our seniors and disabled New Yorkers, who live on fixed incomes, deserve to reside in their communities without the fear of losing their homes.

«Seniors living in private homes, co-ops and condos have often expressed the difficulty of getting by on fixed incomes while dealing with escalating property taxes.

The unfortunate consequence of a growing economy is the scaled increase of property tax burdens, a growing threat for many New Yorkers living on a fixed income.

«This expansion of the Senior Citizen Homeowners» Exemption income limit will have an enormous impact on thousands of seniors throughout the city who are living on a fixed income,» said Council Member Paul Vallone, Chair of the Subcommittee on Senior Centers.

«Our seniors and disabled New Yorkers, who live on fixed incomes, deserve to reside in their communities without the fear of losing their homes,» Savino said in a statement.

The campaign for a $ 15 an hour minimum wage in New York is being fought on emotional grounds - as a tool to fight poverty, to fix income inequality and to ensure a «living wage» for people on the lowest rungs of the economic ladder.

The bill expands the Senior Citizen Homeowners» Exemption (SCHE) and the Disabled Homeowners» Exemption (DHE), two indispensable programs that offer some of New York's most vulnerable residents who live on fixed incomes with a 50 % reduction on their property taxes.

In poor communities or communities which have many voters living on fixed incomes, there is precious little room to respond to budget requests within the framework of projected tax revenue.

My parents are retired living on a fixed income and were taken advantage of.

FDIC Insured People living on a fixed income and businesses in search of secure investments for a certain percentage of working capital search for CD rates.

Monthly mortgage payments contribute to high monthly living costs which can put limitations on the lifestyles of seniors who are living on a fixed income.

With the help of your advisor, you can choose to invest in a mix of Equity, Balanced and Fixed Income funds, based on your risk tolerance and life goals.

There's no better time or more useful opportunity to get control of your finances and fix your budget than using your income tax refund from the government — try our easy income tax advance loans online, get connected to a lender, get the money you need, and get back on course and enjoy life again.

Note too the Wikipedia paragraph on inflation, which warns that someone on a fixed income may lose their financial independence if the cost of living rises faster than their financial assets.

In all fairness, the low average discretionary income of $ 26,066 is most likely a reflection of the city's large aging population living on fixed income pensions.

For longer periods of time adjustable rate loans are ok but too dangerous if you are living on a fixed income and the repayment schedules are very long (15 or 30 years).

Together with an aging population that is living longer and relies predominantly on fixed income, it is no surprise that dividends have become a major source of yield.

In part 1 of our introduction to annuities, we talked about how income annuities and fixed annuities can add some stability to a financial portfolio by providing guaranteed income for life.1 In this video, we'll focus on two other types of annuities: index - linked annuities and variable annuities.

On June 23, the Board of the ASTON / Barings International (ABIIX), ASTON / Harrison Street Real Estate (AARIX), ASTON / LMCG Emerging Markets Fund (ALMEX), ASTON / River Road Independent Value (ARIVX) and ASTON / TCH Fixed Income (CHTBX) funds determined that the funds had one month to live.

In addition, the lower monthly premium allows people living on a fixed income to still have some kind of life insurance in place to cover the costs of funeral arrangements.

Owners of fixed indexed annuities (FIAs) with guaranteed living income benefit (GLIB) riders are much less likely to surrender their contracts than they were 10 years ago, according to new research based on 3.3 million policyholders.

The truth is you're never living on 100 % of your income — there's always a certain portion that has to go to taxes, your kids» education, the mortgage and other fixed expenses.

Increasing life expectancy, disappearing sources of guaranteed income, and historically low yields on bonds make for some tough fixed - income investing conditions; a disciplined approach can help.

You'll get the protection of a fixed annuity, the potential for tax - deferred interest earnings based on the performance of a specific index, and the opportunity for guaranteed income for life.

I enroll in DRIP's in my RSP because I own large cap stocks that (knock on wood) I will hold for the life of my RSP and I rebalance the cash / fixed income portion to prevent over-weighing.

Estimating the influence of life satisfaction and positive affect on later income using sibling fixed effects

«It is a serious commentary on the bizarre financial times in which we live that a fixed income investor would be rewarded with less than half a percent of additional income to add 20 years of... Continue reading →

I am in a repayment hardship program already but the Dept. of Education still starting taking 225 a month from my Social Security check... I am on a fixed income and thought that when I started the hardship repayment program that in 9 months I could redo my loans but the Dept. of Education started taking 225 out of my Social Security check in addition to my already paying monthly on the hardship program... I call them and they said I could file a form but that they will still take it out of my check for 3 more months... my question is that why the hell did I even start the repayment program if they are still going to make it impossible to live....

Other options include buying an annuity with some of your retirement savings (a fixed annuity can give you guaranteed income for life — unlike stocks and bonds, which can go up or down unpredictably), investing in real estate, setting up passive income sources (see the previous section for more on this), picking up part - ownership in a small business, and so on.

Rather, I think people who live on fixed - income assets like CDs and bonds are shifting to the safest kind of equities (utilities) driving up the price and thus driving down the yield.

Creating passive income is desired by most, and we usually set a fixed amount of passive income we need or want based on the amount needed for either retirement in later life / or to come out of work in the short term.

Community Pet Food Bank: The Pet Food Bank provides pet food and pet supplies for the benefit of pets living with people on fixed incomes, with people who are sick or disabled, working families that are struggling financially, and people who are homeless.

Many of our clients live at or below poverty level, many are seniors living on a fixed income, people living with disabilities, or other pet owners with little discretionary income for veterinary care.

Within the first 3 months we had provided the means for 20 financially challenged families to stay together, including, but not limited to, senior citizens, the disabled and veterans, all living on a fixed income and struggling to cover the cost of their own medical care.

U.S. food prices are rising at twice the rate of inflation, hitting the pocketbooks of lower - income Americans and people living on fixed incomes. . .

For example, if a person who is 70 or older were to pass away and leave a great deal of debt to his or her spouse, it would create a tremendous amount of hardship for the survivor — especially if the surviving spouse was living on a fixed retirement income.

For seniors living on a fixed income or without much money to spare, the dream of European travel can still be realized.

Whole life policies may also provide a rate of return on the cash value — ignore the death benefit — that is better than the returns on other fixed - income investments that have more risk.

Using this plan, the insurance carrier will calculate a fixed guaranteed amount of monthly income based on the death benefit amount, gender, and age for the life of the beneficiary.

Forethought Life Insurance Company quickly expanded its product offerings, and in 2006, the company brought on board fixed annuities — which allowed it to offer consumers with the ability to both save for retirement, as well as to receive a guaranteed lifetime income — something that retirees have top - of - mind, as so many people are living longer lives today.

You can customize your coverage by opting HDFC Life Income Benefit on Accidental Disability Rider that offers monthly Income of 1 % of rider Sum Assured in the event of Total Permanent Disability due to accident for a fixed period of 10 years.

Hello I am looking for life insurance for my mother in law she is interested in getting some she is 56 yrs of age with minor health issues looking to find best reasonable coverage as she on a fixed income.

For most of his clients on a fixed income, he says, «these life insurance policies become unaffordable when they need it most.»

Now if you are older and living on a fixed income (like 90 % of americans), than you can't afford to be in your in your 60's or 70's and have your term insurance double in cost.

This annual income is expressed as a fixed percentage of Death Benefit at the time of claim settlement and then increases at the rate of 5 % per annum simple on each death anniversary of the life insured for the chosen payout term.