Sentences with phrase «make during retirement»

Another dangerous mistake many people make during retirement planning is not keeping things up to date.

However, the withdrawals you make during retirement can be tax - free.

However, the distributions made during retirement age are tax exempt, which is the main reason people invest in a Roth IRA.

Not exact matches

You need enough to provide a sense of security... but after that, it's what you do with your time — not your money — that will make you happy during retirement.

Term life may also make sense if you continue to work during retirement, even part - time, to supplement your savings and wish to protect your spouse from the loss of your income when you die, he said.

By doing so, you would be taking money that would be free of state income taxes during retirement and making those dollars taxable today.

But creating a retirement plan could actually make you feel secure in the event of another economic crisis during your lifetime.

What if you have a client who needs to make a significant withdrawal during a bear market early in retirement?

Have you considered making a geographic switch during retirement to shake things up a bit?

Other than the compensation referred to above, the perquisites customarily provided by the Company to its named executives, and the retirement, health and welfare benefits the Company generally makes available to its employees, all of which are discussed in this CD&A and included in the compensation tables below, named executives received no other compensation during 2009.

I understand the risk of passing on the tax benefit now, but if we will need withdraw from investments during early retirement, would it not make sense to first withdraw from the Roth IRA contributions instead of requiring us to invest / withdraw more from taxable accounts?

If you, for example, you have an investment property that you intend to sell during retirement, it's important to remember than any gains made on that property will face tax rates of up to 5.75 %.

Here's an interesting question for investment professionals: Do you have a retiree with an equity heavy portfolio who has to make a withdrawal in a bear market during the early years of the client's retirement?

If you can take advantage and buy stock during these periods of weakness then you can effectively make your money go further and decrease the time to retirement.

It doesn't make sense to live off peanut butter and jelly during retirement just to make things easier for your heirs.

Borrowing just a quarter of a person's balance during these early income years makes it all the more difficult to stay on track with retirement savings if they reduce or stop saving.

Other than the compensation referred to herein, the perquisites provided by the Company to its named executives, and the retirement, health and welfare benefits the Company generally makes available to its employees, all of which are discussed in this CD&A and included in the compensation tables below, named executives received no other compensation during 2010.

This financial planning strategy suggests you make a withdrawal of 4 percent from your retirement savings during the first year of your retirement.

Unlike traditional retirement plan deferrals, contributions are made after - tax and withdrawals during retirement are income tax - free.

When you eventually make withdrawals during retirement, you'll have to pay taxes on original contributions and the account's earnings at your ordinary income - tax rate.

Surveys show that the majority of Americans expect that social security income will be a large factor in their ability to make ends meet during retirement.

What can you do pre-retirement to make sure you have meaning during retirement?

Starting a blog is a very fulfilling way to making money during your retirement years.

We saved very aggressively during the financial crisis toward retirement, and we'll continue to make retirement a priority; however, we're attempting to find a balance between short -, medium -, and long - term goals.

As one example, during the period your 401 (k) loan is outstanding, you're typically prevented from making full contributions to your existing retirement plan.

You need to make sure that you have adequate revenue streams to meet your needs during retirement.

If you choose to withdraw money from your retirement fund during your lifetime to make a donation to Amnesty International, we recommend that you carefully review the tax implications with your financial advisor.

Just because you've quit the day job, it doesn't mean that you have to stop making money during retirement.

This 19 + year industry veteran helps individuals make key financial decisions during that critical yet oft underestimated period transitioning from the workforce into retirement — many of which are irrevocable and profoundly affect one's financial security and lifestyle for decades beyond.

OK, OK — so this isn't exactly true at this very moment, but eight years ago, Kiper did make a retirement promise on - air during an NFL Live segment.

He was, however, able to make a significant contribution during the 2011/12 promotion season, including the successful Play - Off series, but was subsequently limited to occasional substitute appearances before his release and retirement.

UPDATE: Paterson, during a telephone conference with reporters, said he will wait to make a final decision about layoffs until he sees how much savings can be achieved through the latest early retirement incentive.

The 90 - year - old Hudson Valley representative, who served in the state Legislature for 40 years, made his retirement official during a press conference in Newburgh, which included congratulatory remarks from former Gov. George Pataki.

In making this type of a gift, the Dodds will receive steady, guaranteed lifetime payments from the annuity — a tax - advantaged way to provide income during their retirement as well as to support the school's mission.

If you think your tax rate will be lower in retirement than during your working years, it may make sense to go with a pre-tax contribution.

That makes them ideal for providing some flexibility when managing income taxes during retirement.

As one example, during the period your 401 (k) loan is outstanding, you're typically prevented from making full contributions to your existing retirement plan.

Making steady withdrawals in retirement works against you in the same way that making steady deposits work for you during accumulMaking steady withdrawals in retirement works against you in the same way that making steady deposits work for you during accumulmaking steady deposits work for you during accumulation.

Another decision you will need to make during your 40s is whether to pay for your children's college degree or put the additional money to saving for retirement and becoming debt - free.

Once you are making withdrawals during retirement, it can be tempting to view your investment as «on autopilot.»

How the market performs during periods when people make withdrawals from their retirement accounts can lead to very different outcomes.

Make sure you have enough personal savings to make up the difference and to cover you for whatever adventures lie ahead during your retiremMake sure you have enough personal savings to make up the difference and to cover you for whatever adventures lie ahead during your retiremmake up the difference and to cover you for whatever adventures lie ahead during your retirement.

Your retirement contribution must have been made during the tax year for which you are filing your return.

How your portfolio performs during those ten or so vital years can make a dramatic difference to your quality of life in retirement.

While living at home, I made sure to max out the $ 5,500 annual contribution for two years, so I wouldn't be so concerned about saving for retirement during my initial months as a freelancer.

Those making a minimum wage can save nothing and end up with as much disposable income in retirement as during their working lives.

Now, hopefully most college graduates will be able to pay off their loan in 20 years, but if times stay tough for them, the government has added this little caveat to make sure that no one is paying of their college debt during retirement.

Tax day is coming up in just a few weeks and while tax filing will never be fun, some planning now can make a big impact down the road when it comes to dealing with taxes during retirement.

Make sure to have enough money earmarked to cover them each year during your retirement.

A type of savings plan that helps you save for retirement during your working years by allowing you to make contributions up to a certain limit each year and offers certain tax advantages.