This is why it is essential to back your government or employer funded retirement or pension plans with a self -
maintained financial cushion which is a pension or retirement plan and the best way to assess the sufficiency is the Pension Calculator.
The charge of excess budgeting, which auditors have noted in reports on about 20 districts on the Island since January 2014, annoys many school administrators in Nassau and Suffolk counties, who say they must
maintain financial cushions to preserve student programs and small class sizes in an era of fiscal uncertainty.
That's why successful investors are hyper - focused on always
maintaining a financial cushion at all times.
Not exact matches
1)
maintain large cash
cushion 2) ability to tap into home equity 3)
financial plan extends beyond actual anticipated lifespan 4) targeting available cash flows of more than 50 % above anticipated spending
Put down as much as you can while
maintaining enough of a
financial cushion to weather potential emergencies.
In legislative language drafted this week, it is seeking to require
financial firms that offer customized derivatives to
maintain higher capital
cushions.
And remember, these insurers are not at risk of imminent
financial failure, so the regulators can't argue they were forced to act; indeed they have all
maintained they CAN pay their claims, but don't have enough of an equity
cushion to keep a triple A.