Sentences with phrase «maintain standard of life»

China is the second largest economy in the world and is growing faster than any of the world's large economies, so if Canada is going to maintain the standard of living that we have today, we need to tap into that economy.

Even by spinning off $ 20 billion in assets, GE apparently can't move fast enough to preserve the dividends that millions of retired Americans depend upon to maintain their standard of living.

A study co-authored by Morin, based on a survey conducted in the winter of 2010 — 11, concluded that 23 % of working - age Canadians are not saving enough to maintain their standard of living in retirement.

If you have 30 years in retirement, a «safe» strategy may not grow your assets enough to keep pace or outpace inflation, which could lead to struggles down the line to maintain your standard of living or manage a big medical bill, Stinchcombe said.

Indeed, the CNBC Millionaire Survey, which was conducted by market research firm Spectrem Group, found 19 percent of high - net - worth respondents wish to leave enough for their kids to be comfortable and maintain their standard of living, but not all they have, while 17 percent indicated they will be «very cautious» in how much they leave, because they want their children to learn self - reliance.

They estimate that roughly one - third of Canadians in the 45 to 64 age range are likely to end up with incomes that fall short of adequate minimum incomes and / or incomes that will allow them to maintain their standard of living.

More than two - thirds (67 %) fear running out of money in their lifetime and 56 % are uneasy about being able to maintain their standard of living.

The real question is whether your nest egg will be able to generate enough income, combined with Social Security, to maintain your standard of living in retirement.

There are a lot of them who are not saving enough to maintain their standard of living in retirement.

First, do you have dependents (a spouse or children or even elderly parents) who rely on your income to maintain their standards of living?

Therefore, we are spending about $ 66,000 a year to maintain our standard of living.»

Term life insurance can be used to shield your heirs from debts or make sure your spouse can maintain their standard of living.

For example, a retiree who earns an average of $ 100,000 annually before retirement should expect to need $ 70,000 to $ 90,000 a year in retirement to maintain their standard of living.

Research by McKinsey & Company, the global management consulting firm, shows that a strong majority of Canadian households are on track to maintain their standard of living in retirement, but that still leaves some gaps.

Alberta couple with a teenager want to retire at 65 and maintain their standard of living, plus sink $ 75,000 into their home for repairs.

Vast amounts of energy are needed even to maintain our standard of living and to increase that of those in poorer countries.

In the United States in the past quarter century, working families have maintained their standard of living only by working more hours.

We are facing an time in our history where less emphasis is being placed on our families» well - being, and more emphasis is being placed on maintaining a standard of living that requires two incomes; a «keeping up with the jones's» scenario.

For the sake of the economy there couldn't be a better time for those with housing equity to run - down some of their assets and use it to maintain their standard of living.

Labour spin doctors: Our focus groups show that people who are worried about being able to maintain the standard of living in their conservatories...

The temptations are real in a world where it is hard to maintain a standard of living.

Indeed, «To maintain our standard of living and improve our world, every young person needs to become an innovator.»

How does she maintain her standard of living if she has to reduce hours or leave her employment?

Alberta couple with a teenager want to retire at 65 and maintain their standard of living, plus sink $ 75,000 into their home for repairs.

If you can't use your apartment because of that loss, the policy pays for you to stay somewhere else so you can maintain your standard of living.

An RRSP can help maintain your standard of living well into your golden years.

For example, a February study by researchers from Ohio State and the University of Alabama found that 27 % of 55 - to -60-year-olds included in the Federal Reserve's Survey of Consumer Finances hadn't accumulated the resources they'd need to maintain their standard of living in retirement, yet seemed to think they were doing just fine.

Loss of use coverage is available if a covered loss prevents you from using the apartment, making sure that you can find alternate accommodations and maintain your standard of living rather than being displaced into whatever hotel you can find after a loss like a fire.

Generally, you should have six to nine times your salary tucked away in a 401 (k) or other accounts by your mid-50s to early 60s to have a good shot at maintaining your standard of living in retirement.

This coverage for additional living expenses helps you to maintain your standard of living without it impacting your financial situation.

Err too much on the side of caution, and the lower returns you'll earn could make it harder to maintain your standard of living in the face of inflation.

So how much of your current income do you really need to maintain your standard of living in retirement?

Loss of use is what pays for you to maintain your standard of living after a covered loss.

Term life insurance can provide the money they need to help meet their expenses and maintain their standard of living.

The rule of thumb you're referring to stems from «replacement ratios» — or the percentage of pre-retirement income you need to replace in retirement to maintain the standard of living you enjoyed during your career — that have been calculated over the years by researchers at Georgia State University and professional services firm Aon.

That will allow you to maintain your standard of living without having to rely on loans or high - interest credit cards.

The rule of thumb — that we should target a post retirement income of at least 75 % to maintain our standard of living — is typically applied to the average person.

You need to grow in order to keep pace with that in order just to maintain your standard of living let alone enhance it.

52 % of working - age households will be at risk of being unable to maintain their standard of living in retirement.1

«The reality is that a significant number of today's workers are simply not saving enough to maintain their standard of living when they retire,» said Sousa.

The National Retirement Risk Index is a tool that measures the percentage of working - age - households that are at risk of being unable to maintain their standard of living once they retire.2 The most recent calculation of the index shows that 50 % of Americans will retire without enough assets to sustain their current standard of living.

According to the Department of Labor, you will need a minimum of 70 % of your pre-retirement income to maintain your standard of living after retirement and if you are a low income earner, you will need more.

If you are looking for a way to maintain your standard of living in retirement, a reverse mortgage may be an option for converting your home equity into the funds you need.

This part of your policy is what helps you maintain your standard of living if a covered loss makes the apartment unusable.

Let's further assume this couple also has $ 1 million in savings invested in a 50 - 50 mix of stock and bond index funds and that they require about 85 % of pre-retirement their income, or $ 85,000, to maintain their standard of living.

Instead, 416 on Broadway renters insurance is a good way to make sure that you can continue to maintain your standard of living if there's a loss.

In other words, if there's a fire or another covered loss and you can't use your home as a result, the policy pays for you to stay in a hotel so you can maintain your standard of living while repairs are being done.

Too often people think about how much income they'll need to maintain their standard of living without factoring in the impact of taxes.

Some invest for retirement to maintain a standard of living when one is no longer working full - time, expecting to achieve returns through diversified portfolios and professional management above and beyond what they could achieve by investing on their own.

This helps to make sure you can maintain your standard of living even in a crisis.