Sentences with phrase «living upon retirement»

How much would I need to supplement this pension by in order to ensure an adequate standard of living upon retirement?

Noting that only one - third of the Canadian work force is currently covered by a registered pension plan, and that savings rates have gone down in recent decades, a report by the Canadian Imperial Bank of Commerce earlier this year warned that those born in the 1980s could face a 30 - per - cent drop in their standard of living upon retirement.

A pension, for those lucky enough to have one, offers a guaranteed check every month for the rest of your life upon retirement.

«Although our hypothesis addresses the etiology of hypertension in footballers acutely, it could also have important implications on understanding the development of chronic disease long - term, and thus may improve the quality of football players» lives upon retirement from the game,» said Cameron G. McCarthy, M.S., study author from the Department of Physiology at Georgia Regents University in Augusta, Georgia.

Not exact matches

If you haven't taken the time to draft a living will or outline exactly how you want your retirement funds — and any other financial assets you own — distributed upon your death, there is a risk that your significant other may not see your hard - earned dollars.

Perhaps your retirement plans touch upon Costa Rica, the top - rated destination in this year's International Living Retirement Index.

Upon retirement, you can begin to receive Social Security payments, which will continue throughout the rest of your life.

Upon retirement, he wrote a book, The Life Story of Abe the Newsboy.

The pro of life insurance at 65 is that upon entering the retirement stage of life you no longer have to pay premiums, freeing up your cash for other pursuits or expenses.

One way would be to purchase a permanent life insurance policy which would be given to the employee upon retirement, after a certain number of years with the company, or based upon a certain level of performance.

Although many retirement planners urge their clients to aim to receive about 80 percent of their yearly income from retirement income, your choices depend upon your living situation and financial needs.

When you create your own banking system through mutual whole life insurance in such a way as to escape from traditional banking and reliance upon Wall Street for your retirement, you can eventually recapture all of your debt costs AND stop the roller coaster that history has shown is inherent in investing in the stock market.

This can prove crucial depending upon how long you live after retirement.

And since whole life offers excellent supplemental retirement income, you will have a paid up policy ready upon entering retirement.

Generally the amount of protection you need is a combination of what it would cost to help your surviving family members and dependents meet their current needs (like taxes, food, clothing, utilities, mortgage payments, etc.) plus future obligations (like college and retirement funding)-- minus the resources that your surviving family members could draw upon to meet those obligations (spouse's income, savings and investments, other income producing assets, and any life insurance you might already own).

I go into my retirement knowing that we did great things here and have saved thousands upon thousands of lives... but not only that, we were able to teach other groups to do the same.

Law firms — rather than being perceived as entities that are bigger and more important than the sum of their parts — are viewed as disposable shells; mere life support systems upon which lawyers leech until retirement.

The social contract used to be that judges were appointed for life until mandatory retirement at age 75, received a generous pension upon retirement at or before 75 and enjoyed a quiet retirement.

Considering individual work - life timelines for the near future may signal opportunities or threats depending upon the capability levels and competitive position of each pending retirement.

Previously on this blog, we've touched upon using indexed universal life for some seemingly unconventional purposes such as retirement planning and mortgage protection.

Upon retirement, if you have carried Option B insurance and are eligible to maintain it, you must make an election whether or not wish to have these amounts reduce or to have no reduction in life insurance benefits.

With no retirement savings, no emergency fund, and no life insurance, how does a family continue to pay bills upon the death of a breadwinner?

Understand any group life insurance provided by your employer on your life and that of your spouse will terminate or reduce upon your retirement.

In addition to simply paying out a benefit upon an insured's death, life insurance policies can also be a primary component of one's overall financial, retirement, and estate planning strategies.

One way would be to purchase a permanent life insurance policy which would be given to the employee upon retirement, after a certain number of years with the company, or based upon a certain level of performance.

Upon retirement or if the plan were terminated there are several options in regards to the life insurance policy in the plan.

And since whole life offers excellent supplemental retirement income, you will have a paid up policy ready upon entering retirement.

In addition to just paying out a benefit upon one's death, life insurance can be used as part of an overall strategy for retirement, estate, and financial planning.

Term insurance can provide coverage while people depend upon the insured person's income and support, but for people who live until their retirement, chances are they either accumulated enough savings already to support their spouse, and / or their children are grown and no longer need parental guardian financial support.

LIC Pension Plans: Pension plan from LIC offer several benefits including complete life cover, and a stable source of income upon retirement of the policy holder.

You can cross in for pension plans as a way to provide the lump sum payout upon the retirement or loss of life of the individual, whichever takes place in advance.

The pro of life insurance at 65 is that upon entering the retirement stage of life you no longer have to pay premiums, freeing up your cash for other pursuits or expenses.

Transferring ownership of a paid up life insurance policy to your long time loyal employee upon retirement can be a huge gift to the family.

Key man life insurance can be structured as a bonus to the key person upon retirement.

If the home is being acquired by one spouse who plans to live there for several years and is not ever likely to incur a capital gains tax upon a future sale, he / she takes all the equity in the home tax - free, both present and future - acquired, while the other spouse takes a retirement asset which he / she will have to eventually pay taxes on.

A party marrying later in life with few retirement assets may worry about waiving rights that a court might grant upon divorce or to which he or she would be entitled at death.

In making an equitable apportionment of marital property, the family court must give weight in such proportion as it finds appropriate to all of the following factors: (1) the duration of the marriage along with the ages of the parties at the time of the marriage and at the time of the divorce; (2) marital misconduct or fault of either or both parties, if the misconduct affects or has affected the economic circumstances of the parties or contributed to the breakup of the marriage; (3) the value of the marital property and the contribution of each spouse to the acquisition, preservation, depreciation, or appreciation in value of the marital property, including the contribution of the spouse as homemaker; (4) the income of each spouse, the earning potential of each spouse, and the opportunity for future acquisition of capital assets; (5) the health, both physical and emotional, of each spouse; (6) either spouse's need for additional training or education in order to achieve that spouse's income potential; (7) the non marital property of each spouse; (8) the existence or nonexistence of vested retirement benefits for each or either spouse; (9) whether separate maintenance or alimony has been awarded; (10) the desirability of awarding the family home as part of equitable distribution or the right to live therein for reasonable periods to the spouse having custody of any children; (11) the tax consequences to each or either party as a result of equitable apportionment; (12) the existence and extent of any prior support obligations; (13) liens and any other encumbrances upon the marital property and any other existing debts; (14) child custody arrangements and obligations at the time of the entry of the order; and (15) such other relevant factors as the trial court shall expressly enumerate in its order.

• 43 percent plan to retire in the same city where they currently live; 19 percent plan to retire within the same state, but a different city • 35 percent plan to retire in a different state from where they currently live • 53 percent will not take into account the proximity of their children / grandchildren when deciding where to live in retirement • 32 percent want to live within 20 miles of their children / grandchildren upon retirement