Sentences with phrase «of people approaching retirement»

Not exact matches

As the rule's new effective date approaches, will he protect the retirement savings of working people — carpenters and coal miners, teachers and technicians, firefighters and farmers — or allow a portion of the financial sector to continue to keep their clients in the dark about whose interests come first?

There are a lot of different philosophies about how people approaching and already in retirement should be invested.

Johnson said that people who are approaching retirement should consider purchasing an annuity as a source of guaranteed income to help cover their basic living expenses in retirement.

As people are having children later in life, there is a greater chance that the college tuition bill for their kids will come due during their prime retirement savings years or, in an increasing number of cases, just as retirement approaches.

Following the investing guideline that portfolio risk should decrease — although not too fast — as a person approaches retirement, let's assume ex-ante portfolio risk of roughly 11 percent for the 50 year old, 9.5 percent for the 55 year old and slightly below 8 percent for the 60 year old.

So more and more people who are approaching retirement age now kind of know that retirement in prosperity will likely not be an option for them.

As a large number of people with HIV approach retirement age, policy makers need to develop new policies or adapt the existing ones to improve their social and economic outlook.

TELEGRAPH.CO.UK - Nov 16 - People approaching or already past retirement age are the most active and experimental of all daters, according to a study for The Sunday Telegraph.

We think that's an unacceptable approach to retirement policy for a field as populous and important as teaching, and it's disappointing that people who claim to be advocates for teachers don't also recognize what a retirement security problem this is for millions of American teachers.

Following the investing guideline that portfolio risk should decrease — although not too fast — as a person approaches retirement, let's assume ex-ante portfolio risk of roughly 11 percent for the 50 year old, 9.5 percent for the 55 year old and slightly below 8 percent for the 60 year old.

Perhaps one of the more frequent questions asked by people approaching retirement is: Should I start taking CPP payments early?

Once you're in your 50s, you may not have enough time to make up for investment losses, and many people make the mistake of holding too much in stocks as they approach retirement.

Phased switching or lifestyling, often the default investment option for pensions, was designed to help maintain the level of annuity that people can buy by gradually investing their funds in assets that change in line with annuity rates as they approach retirement.

So, two people of the same age and with the same number of years until retirement might reasonably wish to take different investment approaches.

Phased switching or lifestyling, often the default investment option for pensions, was designed to help maintain the level of annuity that people can buy by gradually investing their funds in assets that change in line with annuity rates as they approach retirement approaches.

Based on her extensive body of research studying retirees, psychologist Dr. Nancy K. Schlossberg has identified six ways in which people approach retirement.

But for people taking a DIY approach to retirement planning, Vanguard's paper does a good job of laying out an explicit process for creating a plan.

Meanwhile, for working - age people at risk of becoming low - income seniors, a targeted approach to retirement income security may be beneficial, says Frank Swedlove, president and chief executive officer of the Canadian Life and Health Insurance Association.

one would guess that if people took conventional / sane approach that they would own far less stocks at the end of a 30 year sequence of returns (as they are nearing retirement).

So what about at the other end of the spectrum then, are you seeing more and more people who are older or either approaching retirement, already retired, what kind of scenarios do you see there?

This kind of loan is also advantageous to people approaching retirement, because the fixed payments make it easier to plan their finances.

The landscape of retirement has changed dramatically over the last few decades, however, and with traditional pension plans dwindling, the future of Social Security uncertain, the rising costs of health care, and now retirement right around the corner, people are rethinking their approach to retirement income.

Through a little known tourism initiative called the Qualified Retired Person Program, foreigners approaching retirement can establish residence on the island and pay on any income made outside of the country, including retirement income.

While marketing for term life insurance to a younger generation would involve highlighting that buying early can save people money in the long run, the emotional impact of discussing final expense insurance coverage, its affordability, its relative ease in terms of comparison to a traditional life insurance policy and the fact that it gives a great deal of peace of mind for someone approaching retirement and beyond are some of the key ways that a final expense agent can assist with this purchase and encourage people to take that final step of obtaining a policy.

It is also important to understand what stage of life you are in — a single person has very few responsibilities; as a parent you would have different responsibilities; and if you are approaching retirement your needs will be vastly different.

Todd Tresidder of The Financial Mentor believes that with this three - pronged cash flow approach, even queer people who have waited until their 40s or 50s to start preparing for retirement can adequately prepare for retirement and eliminate financial insecurity in their later years.

The landscape of retirement has changed dramatically over the last few decades, however, and with traditional pension plans dwindling, the future of Social Security uncertain, the rising costs of health care, and now retirement right around the corner, people are rethinking their approach to retirement income.

As baby - boomers are approaching their retirement age, there has been an alarming trend in the rising number of people contracting serious illnesses such as cancer.

First, the majority of people that would benefit from this approach are older and have less time before their retirement accounts need to be more protected from volatility anyway.

Census figures released in July by Statistics Canada show the number of people aged 55 to 64, many of whom are approaching retirement, is at a record high of 3.7 million.