Sentences with phrase «nearing retirement age think»

Not exact matches

Given what I think is going to be an exploding retirement crisis I am now more convinced that for those near or over 50 with little to no retirement savings an extended repayment plan like credit counseling sets them up for a potential disaster when they hit retirement age.

«We think plan participants and sponsors alike will welcome this option because each participant's assets are transferred directly into an age - appropriate, well - diversified fund - of - funds that automatically adjusts the allocation as the retirement date nears,» Anderson said.

So if you think you may end dropping to a lower marginal tax rate in retirement, you should be aware of a few important caveats before doing a Roth, especially if you're nearing retirement age.

Such steps are even more important if you think you might face a lower marginal tax rate in retirement, and are absolutely crucial if you're nearing retirement age.

If you're nearing retirement age (or are there now) and don't feel like you've saved enough to live comfortably, you may think you have limited options to improve your financial situation.

So, as many second homeowners are closing up their family retreats for the season, it might be a good idea for those at or nearing retirement age to think about how they might pass the asset down to the next generation — especially when multiple children and their spouses will be entering into joint ownership.