Sentences with phrase «need during your retirement»

Of course, we know you don't have a crystal ball to predict every income need during your retirement.

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

You should also consider creating a plan for taking distributions; use our Planning & Guidance Center to help determine if your assets will provide the income you need during retirement.

And studies show that most individual investors underestimate how much money they'll actually need during retirement.

You will need to know how much income you need during retirement and how much your portfolio will need to provide.

Many of us know that we shouldn't gamble in the stock market, and we also know that we shouldn't just rely on our savings to supply our needs during our retirement years.

Most financial planning experts recommend that those planning their retirement use 80 percent of their current earnings as the benchmark for what they will need during retirement to maintain a reasonable standard of living.

Money that you don't spend can accumulate with tax - free compounding until you need it during retirement.

Stated differently, plan on saving 25 times the amount of each income stream that you will need during retirement.

Those adjustments account for the recommended goal of saving 70 % to 90 % of your current income to meet your needs during retirement.

You might find that you've underestimated how much money you'll need during your retirement years.

However, those workers who know how much money they need during their retirement years can at least take the steps necessary to boost the odds that their retirement years will be pleasant ones.

You should also consider creating a plan for taking distributions; use our Planning & Guidance Center to help determine if your assets will provide the income you need during retirement.

It is important to factor in these supplemental sources of income when determining your income needs during retirement.

And while you're at it, consider whether you might need to dip into those assets for your own needs during retirement, in which case the tax rate you pay when the money is withdrawn (as opposed to your beneficiary's tax rate) also matters.

• Input into cell B68, how much monthly after - tax income the surviving spouse will need during retirement.

Buyers can have the home built at a chosen destination that offers everything they could possibly need during their retirement years.

Not exact matches

As far as the financial services industry and virtually all the exhaustive research is concerned, meeting retirement needs means replacing a percentage — the most commonly cited figure is 70 % — of earnings during your working life.

Fidelity Investments estimates that a couple, both age 65 and retiring in 2015 with Medicare as their primary insurance, will need $ 245,000 in today's dollars for health - care costs during retirement.

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.

This strategy «ignores overspending» during upturns when a 4 % withdrawal can mean a significant amount of money beyond your needs, says Vanguard's senior retirement strategist in its Investing group Colleen Jaconetti.

Instead of needing $ 100,000 a year during retirement, you'll need only $ 50,000 to cover expenses.

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

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?

But keep in mind that another solution may be better if you think you'll need to withdraw varying amounts of money during retirement or if you need your initial withdrawal rate to be set higher or lower than 4 %.

Taking into account Social Security income rising during the 9 years of retirement, you will need a $ 1.189 million nest egg.

You'll need a plan for managing your income during retirement, and you'll need to decide when to start claiming Social Security benefits.

Against this backdrop, to ensure a constant flow of income during their retirement, the need for proper management of their accumulated and inherited wealth arises.

Jamie's husband was advised that they'd need at least $ 75,000 a year during retirement, which is more than two million dollars.

It may be the furthest out, but any good financial plan starts with calculating how much money you'll need to live on during your retirement years, putting a strategy in place to get there, and then addressing your shorter term needs.

«For example, what many people don't think about, particularly if their car is already paid for, is that they will likely need to replace their vehicles at least once or twice during retirement,» said Ilene Davis, a money manager with Financial Independence in Cocoa, Fla. «If they don't allow for the purchase price at the start, they may find their retirement planning undermined.»

And if there there's a shortfall in your current plan, the analysis suggests how much you'll need to save to meet the projected goal of 80 percent of your current income during retirement.

Our proprietary nationwide survey of pre-retirees showed a startling number of baby boomers don't know how much money they need to live comfortably during retirement.

One of the issues you need to address during retirement is the origin of your income.

«small staff at the house to tend to his needs» Did nothing «in office» and will do nothing during retirement except use other peoples» money to live just like while «in office».

I have been a full time provider to my children and then during early retirement, a full time maid to my ex and constant fights and «conversations» about what I needed from our relationship, but with no results.

In a toast during a leaders» lunch yesterday at the United Nations, the outgoing secretary - general jokingly challenged Obama to a round of golf in retirement, because «we need to find something to do.»

He said people aging with HIV who are still working may need more time off to take care of themselves or rest breaks during their shifts; reforming retirement benefit programs could allow people with HIV to remain in the workforce as long as possible; retirement homes and long - term facilities need to be more welcoming places for older people living with HIV.

During that time, teachers will need raises, retirement and utility costs will rise, and more instruction materials will all have to be bought.

So you don't want to just run out and buy an annuity and maybe end up with more guaranteed income than you actually need, as doing so might hamper your flexibility should your financial situation change during retirement.

The Rule of 25 tells us to save 25 times as much as we need annually during retirement.

It's a resource you need to ensure security, and maybe even a little luxury, during your retirement years.

During retirement investors need to have a financial plan that addresses all of these factors.

Your annual income will need to increase each year even during retirement in order to keep up with the gradual rise in prices of everyday goods.

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.

The average person needs 70 % of their pre-retirement income during retirement.

How you invest your money during retirement doesn't need to be that much different from during your working years, Ingrid.

In addition to plotting out how you will live during your retirement years, your financial advisor should be able to assemble a team that will handle the key documents you will need to keep your family safe.

Your current advisor may have enough of the skills you need to be a great fit for you during retirement.

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.