Sentences with phrase «one's basic living expenses»

She earns a modest salary and there's little left after paying for basic living expenses.

It'd be wise to have enough in accessible savings to cover six months of basic living expenses in case your income dries up.

It's true that it's possible to cover basic living expenses through blogging and dividend investing.

Millions live paycheck to paycheck, just barely earning enough to pay basic living expenses.

Full - payment test: Lenders are required to determine whether the borrower can afford the loan payments and still meet basic living expenses and major financial obligations.

In this example, they expect their monthly basic living expenses to be $ 5,500.

The death benefit can also help with basic living expenses like utilities, food, and personal care.

If you are unable to work, your family may struggle to afford basic living expenses.

In the case of retirement, how much do you want to spend on basic living expenses?

Most people I help through bankruptcy have additional monthly bills including basic living expenses, alimony and child support commitments or student loans.

First of all, you just need basic living expenses: Money to pay your rent, buy groceries, and buy gas.

For many folks investing a portion of your wealth in an annuity is a good strategy on retirement so you can ensure basic living expenses are covered regardless of how long you live.

The amount of money received is also usually tax - free, which should help pay for the insured basic life expenses.

As for basic living expenses, see if there are any ways you can lower your monthly bills, such as canceling a subscription or negotiating for a lower rate.

Many recommend setting aside at least 6 months of basic living expenses.

Your ability to repay student loans, however, is limited by your discretionary income (the portion of your paycheck that's left over after covering basic living expenses).

The court may decide that one spouse needs support from the other in order to meet basic living expenses.

In this example, they expect their monthly basic living expenses to be $ 5,500.

In the case of retirement, how much do you want to spend on basic living expenses?

those who lived in households where members ran out of money for basic living expenses in the 12 months prior to interview decreased from 44 % in 2002 to 28 % in 2008.

One recent study revealed that more than half of Americans do not have enough saved for basic living expenses once they reach retirement age while the other half has saved nothing at all.

Think of basic living expenses as the money you need «to get by on.»

They may also use the money to travel home to see their family — a trip that may otherwise be out of reach if their parents can not help them — or to pay for basic living expenses like rent, food and utilities.

In many cases, the annuity payout is used to fund basic living expenses that aren't covered by Social Security.

During the past 20 years, increased support for doctoral students and the decreased size of many graduate programs have given a greater proportion of doctoral students the reassurance of decent funding — fully paid tuition and stipends, teaching assistantships, and money to cover many basic living expenses.

Would appreciate some insight as to my situation here: Early - mid 20s, no debt or other liabilities currently beyond basic living expenses (living with family so no mortgage currently), excellent credit, six months living expenses saved in emergency reserves, low tax bracket and live in a state with no income tax, etc..

This time, we have an emergency fund of $ 1000 and we're putting our 95k annual income toward basic living expenses and sending the rest toward our smallest debt.

For this scenario, the costing has already been done for us in a recent study, called Basic Living Expenses for the Canadian Elderly, by three University of Waterloo researchers.

(6) Retirement income necessary for «Bare Necessities» derived from Basic Living Expenses for the Canadian Elderly by Bonnie - Jeanne MacDonald, Doug Andrews and Robert Brown, based on typical basic senior's living expenses averaged for five Canadian cities.

$ 250,000 just 50 years ago was a princely sum and good enough for a pretty comfortable retirement, but now it is not worth much and can not even support basic living expenses.

Twenty - seven percent said they couldn't afford basic living expenses at some point since becoming freelancers, and 16.1 percent said they couldn't afford to pay taxes at some point.

Borrowing to maintain basic living expenses has become an unfortunate reality for 25 % of our society.

Besides, more important that trying to arrive at some ideal percentage is making sure you're getting you enough guaranteed income to provide the cash you require for basic living expenses while still having sufficient savings left over for discretionary spending and unexpected outlays.

Start saving three to six months» worth of basic living expenses in case of an unforeseen emergency.

«We always say you should have three months of basic living expenses in a very liquid place, and part of that is your house emergency fund,» Cecere says.

With basic living expenses on the rise in Metro Vancouver and across the province, two municipal councilors encouraged their peers to consider adopting living wage policies.

The charity National Energy Action says many people will not have the cash to meet basic living expenses as winter begins to bite.

According to a new study that was just released by Freddie Mac, one - third of low and middle - income consumers are currently using their credit cards to pay basic living expenses.

This chart shows a hypothetical situation of a husband and wife who are examining their need for additional guaranteed income in retirement, based on their estimates of monthly basic living expenses and known sources of monthly retirement income.

The Central Valley (CA) has been ranked 2nd most impoverished region in the nation, with 60 % of families reporting they struggle to afford basic living expenses.

There are two methods of calculation, one taking all costs of future care, including basic living expenses and deducting from the award for lost earnings the percentage which would have been spent upon such expenses.

Think of basic living expenses as the money you need «to get by on.»

whether any members of the household ran out of money for basic living expenses in the 12 months prior to interview.

The U.S. Marshals Service, which operates the program, provides only basic information on its website about what happens to the money of witnesses: «Witnesses initially receive financial assistance for housing, subsistence for basic living expenses and medical care.

If the amount of guaranteed income you'll receive from Social Security and any pensions is enough to cover all or most of your basic living expenses in retirement, then you may not need an immediate annuity.