Not exact matches
Between the trend away from pensions, some hard
losses in the past few years (Dot Com and Housing crashes and resulting fear of stocks) and the emphasis recently on «give your kids everything» (private education, expensive colleges, etc etc etc), it does not seem like a stretch that
retirement savings are put on the back burner.
Assumptions and forecasts used by SSgA FM
in developing the Fund's asset allocation glide path may not be
in line with future capital market returns and participant
savings activities, which could result
in losses near, at or after the target date year or could result
in the Fund not providing adequate income at and through
retirement.
Obama cited statistics released the same day
in the White House's new report from his Council of Economic Advisers which show that conflicts likely lead, on average, to 1 percentage point lower annual returns on
retirement savings as well as $ 17 billion of
losses every year for working and middle - class families.
An extended job
loss could result
in the
loss of tens of thousands of dollars
in retirement savings over time.
Homeowners depending on pensions, social security and their investments for living expenses are struggling more than ever as the result of diminishing returns on
savings and
losses in investments and
retirement accounts stemming from the current economy.
Unlike
retirement savings,
in which many investors have decades to recover from a
loss, the time horizon for college
savings is by definition shorter.
Watching their
retirement savings drop by 20 % or 30 %
in value over the course of a year can cause them to make panicked moves out of stocks, which only guarantees their
losses.
If you're unfortunate enough to get hit with such a big
loss, or even an extended period of weak gains, especially early
in retirement, the chances of your
retirement savings lasting 30 or more years with 4 % - plus - inflation withdrawals can drop from 80 % or 90 % to 60 % or lower.
Others
in retirement have also seen their
savings ravaged by stock market
losses and inflation.
As such, DI is usually needed to protect against
loss of income earning ability by a person who needs to work
in order to accumulate more
retirement savings.
Even though they've seen their fair share of stock market crashes, many Baby Boomers are betting a big chunk of their
retirement savings on stocks — leaving them exposed to major
losses in today's rocky market.
Unfortunately, some Woodland Park residents find themselves taking money out of any of the
retirement savings they have accumulated
in order to make up for such a
loss.
As adults, we struggle
in very difficult times filled with economic turmoil, job
losses, economic uncertainty, ongoing military intervention overseas and the fear of watching our
savings and
retirements be at risk.
Planners say it's important to take a balanced approach to financial priorities, with attention to saving
in case of job
loss, paying off consumer debt and taking advantage of
retirement savings options.