Sentences with phrase «need more income»

The benefit of working with a Certified Reverse Mortgage Professional, a designation we are proud to have earned, is that we subscribe to a strict code of conduct and we are trained to help find financial solutions when retirees need more income, reserves, or help mitigating a capital gains tax liability.

Increasing coverage policies are useful for younger people who will need more income protection as they make more money, families who will be having and caring for additional children in the future, or a business buy - sell agreement between partners where the business value will appreciate and higher levels of life insurance will be needed to compensate the deceased family for their share in the business.

The numbers show people need more income protection than they're getting if they're hospitalized.

Because Tyrone and Aisha would earn more money in the coming years, they would need more income replacement life insurance money.

If you haven't applied, you're going to need more income, simply to cover your living expenses.

Some people think they need more income when in fact they don't.

Need more income?

You might need more income to pay for travel, living expenses, family needs or healthcare costs.

If you are going to retire in a city with a higher cost of living, you will need more income for retirement.

That means many retirees — depending on personal expenses — may need more income early in their retirement than later.

The security you get with an annuity comes with an additional cost, but it can be worth it if you need more income to cover basic expenses.

Other things you can consider over time: you could look into setting up a variable annuity if you need more income down the road than what's provided by your retirement accounts.

the smoothness of a target date may seem appealing now, but what happens if one child falls ill 5 years before the planned retirement and you need more income than you planned?

Begin building an income portfolio (although you might need more income before you start investing)

The security you get with an annuity comes with an additional cost, but it can be worth it if you need more income to cover basic expenses.

Investors who need more income from their portfolios have no option other than taking on more risk.

If a client needs more income than the portfolio can provide, you have to tell the client that.»

I asked her if she needed more income, and she said no.

Speaking of needing more income for your financial goals, sometimes you might actually have enough and just be spending recklessly or more than you need to.

This strategy is more appropriate for someone who needs more income and is less concerned with leaving an inheritance.

I needed more income than I could get from my books, so I moved to Seattle.

Not exact matches

In the end, more disposable income doesn't hold a candle to having someone to rely on in a time of need (something that 95 percent of Danes believe they have).

A more involved level of accounting would be do actually work up balance sheets, income statements, and other financial reports on a monthly, quarterly, and / or annual basis, depending on the needs of the business.

While investors will have to find stocks with higher yields, pay more for them and take on more risk in bonds, the biggest change in a permanently low - rate world is that people will need to set aside more of every paycheque if they want to keep the same goal for retirement income.

My theory was simple: buy enough rental properties to produce more income than I needed to live, and I wouldn't need to wake up early.

Thanks to rising health costs, stagnant wages and growing levels of debt — especially the $ 1.4 trillion of student loans borrowers owe — you may need to generate more income just to get by.

The bill's main objective — capping future government spending on healthcare at rates that won't gobble up a bigger and bigger share of national income, as well as leaving more resources for investment and entrepreneurship — is exactly what government needs to do.

People need to invest more today to achieve their desired annual retirement income in the future.

And through its buy - one - give - one model, it has given more than 1 million pairs of eyeglasses to low - income people in need.

The budget helps full - time students earning more by doubling the in - study income exemption to $ 100 per week from $ 50 per week, and exam fees for Canadians needing to certify their skills in fields such as carpentry and medicine will be tax - deductible.

Unless you score a great job right out of school, you might need a little more flexibility, which is where the income - driven repayment plans come in.

More from the Financial Samurai: The average net worth for the above average person Ranking the best passive income investments in order to never work again Financial dependence is the worst: Why each spouse needs their own bank account

Once she learned more, maybe she realized that's just not true, low - income families don't need to deduct more income from taxation, they need credits to reduce their bottom line.»

More from Fixed Income Strategies: 60/40 stock - bond weight rule needs to go on a crash diet Here are some hidden tax benefits for seniors, caregivers If you're a fixed - income investor, here's what to invest in... and what toIncome Strategies: 60/40 stock - bond weight rule needs to go on a crash diet Here are some hidden tax benefits for seniors, caregivers If you're a fixed - income investor, here's what to invest in... and what toincome investor, here's what to invest in... and what to avoid

And health can complicate matters: If you fall ill, it can be much harder to work — but if you're healthy, a longer lifespan means your savings will need to cover more years of income.

It lets you keep generating income (reducing or eliminating the need to pull from savings), and offers more opportunities to add to retirement savings, she said.

«A lot of the excess labor is going to need to go help the people who have lower incomes,» he notes, adding that «Yes, some of it will go to, «Hey, we'll be richer and people will buy more things.»

Such reinventions can be expensive, but Simon is gambling they will pay off in future income increases — potentially the only way it can keep growing in a country that has more malls than it needs.

While many financial advisers say you need a replacement amount of 70 % or more of your working income, research shows most couples get by comfortably on 50 % to 60 %.

The figure represents a jump of 19 % on those who said they needed more than $ 1 million to retire a decade ago, according to Bloomberg, which also notes that people's expectations on the size of the nest egg they'll require tends to rise with their income.

Borrowers: You'll need one to electronically sign a Master Promissory Note, complete entrance and exit counseling, apply for an income - driven repayment plan, and more.

I definitely need start investing more of my income into my investment accounts and other things.

The light green line in the chart above shows interest rates would need to jump more than one percentage point to wipe out a year of income in the two - year Treasury note.

This means there's a real possibility that you may need 30 or more years of retirement income.

On the demand side it seems plausible that, as people get richer, more of their income can be spent on financial services, including debt servicing, as proportionately less needs to be spent on necessities.

There tends to be more steady, longer - term need for these jobs, and they can be a huge help for earning a little extra income during slow periods while still allowing you to remain current.

It will harm retirement savers who now, more than ever, need access to the guaranteed lifetime income products — personal pensions — offered by ACLI and NAIFA members.»

However, to improve the prospects of middle income earners, a more forceful intervention might be needed through either higher mandatory contributions or at least auto - enrolment in private pensions with targeted financial incentives.

On its website, the SSA says, «Social Security replaces about 40 percent of an average wage earner's income after retiring, and most financial advisors say retirees will need 70 percent or more of pre-retirement earnings to live comfortably.»

I began seriously investing for dividend income around 2007 when my business at the time was literally falling off a cliff, as most of the world was starting too as well, when my need for another income stream became more apparent.