Sentences with phrase «people approaching retirement»

Many people approach retirement with the belief that will they will have far lower expenses in their golden years.

This «study» IMO is just another example of «fake news» and I don't believe the study even comes close to representing the true financial state of people approaching retirement.

People approaching retirement face a new goal for their financial plan: Turning the savings they've accumulated into income to help cover living expenses.

People approaching retirement often focus on paying down their mortgages for that reason alone.

We agree on some, like credit card and mortgage life insurance, but long - term care insurance should be considered for many people approaching retirement.

Bart advises people approaching retirement age to work to reduce debt before they retire, so that they don't have debt payments to worry about when they go on a fixed income.

According to the Economic Policy Institute most people approaching retirement have little or no retirement savings.

The ABI has today launched a consultation on annuity rates transparency to help people approaching retirement get the best pension deal.

It's why the average person approaching retirement (age 55 — 65) has just $ 255,000 in retirement savings.

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

This reflects a fundamental idea that younger people can take on more investment risk for potential gain, while older people approaching retirement should protect their principal by converting some volatile growth - oriented stock investments to more stable fixed - income securities.

people approaching retirement who need equity returns but don't like the risk and want to be well protected with the security of a guarantee.

It is a medium to long term exercise to grow an asset and in the situation when many people approaching retirement have such limited funds set aside that asset growth may be needed to provide a comfortable retirement.

Experts recommend saving enough to get you through three to six months, with retirees and people approaching retirement age needing closer to six months» worth to protect retirement income.

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.

As a person approaches retirement they are often looking at their investments to do two things: provide income and preserve wealth.

Lifecycle investing is growing in popularity in the industry, where people in their 20s and 30s are invested into high risk portfolios (equities) and people approaching retirement are transitioned...

While many people approaching retirement have actively adjusted their retirement plan to take into account recent economic uncertainty and market volatility, few recognize that an even bigger threat to their retirement nest egg is unrealistic expectations.

Social worker Gary Direnfeld, billed in TD's material as a family relationship expert, is quoted as saying it's «understandable» that people approaching retirement age will be reluctant to have to ask their grown children for financial support once they do retire.

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

With so many people approaching retirement, or way past, the health care sector has never looked more promising.