Sentences with phrase «providing comfortable retirements»

Unlike the old plan, the hybrid plan provides greater retirement security for teachers who teach for twenty years or less, while still providing comfortable retirements for teachers with more service time.

A survey done by TD Bank in February found that a full 20 % of Canadians are counting on a lottery win, an inheritance or government payments to provide a comfortable retirement — rather than money saved in an RRSP.

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.

By the time you reached 65, your investments would have grown enough to provide a comfortable retirement.

That's more than adequate to provide a comfortable retirement.

These incomes should provide a comfortable retirement even after considering inflation.

Misconception # 2: Social Security is a retirement account and meant to be enough to provide a comfortable retirement

With these limitations, how can teachers be sure they're doing enough to provide a comfortable retirement for themselves?

Should an earner in the household die unexpectedly, the lost investment dollars can be replaced using a portion of the death benefit, thereby providing a comfortable retirement account for the surviving spouse.

Not exact matches

Not only can they provide extra cash flow to support a more comfortable retirement, but when used strategically, they can also protect your investment accounts.

For those with some savings — but perhaps not enough to feel comfortable throughout retirement — the line of credit option provides instant access to cash to optimize drawdown strategies when unexpected expenses arise and during market downturns.

It provides a death benefit for your spouse to retire on if you pass away before saving enough for a comfortable retirement or to help bridge that gap of the loss of Social Security benefits.

While that might be considered boring by some, it can also provide ample means for a comfortable retirement.

That should provide her with a comfortable retirement if she also owns her home mortgage - free.

And because the most common reverse mortgages, also known as Home Equity Conversion Mortgages (HECMs), are government - insured, these loans may provide you with the peace of mind you need to live a comfortable retirement.

Synchrony Bank provides Individual Retirement Accounts (IRAs) and other financial products to put you on the right track for a comfortable, well - earned retirement.

Being debt - free frees up additional financial resources and if properly allocated can provide for a comfortable retirement in your golden years.

In short, your reverse mortgage proceeds may provide the value of a comfortable retirement, especially if other options are not available.

In fact, there's probably ample time to provide yourself with a comfortable retirement, even if you start your 50s with no financial savings whatsoever.

«Helping couples see that their investment capital can provide all the money they'll need for a comfortable retirement is an empowering thing,» says Jason Heath, a fee - for - service planner in Toronto.

Your CPP benefits, together with Old Age Security (OAS), provide much of the foundation for a comfortable retirement, although government pensions have never been enough on their own to pay for a middle class retirement.

As long as the insurance company that provides the annuity remains solvent, such plans can grow your money safely and help secure a comfortable retirement.

In my view, a comfortable middle class retirement costs about $ 42,000 to $ 72,000 per couple (including taxes as one of the cost items) provided you have your home paid for.

That nest egg, combined with pensions and government stipends, should provide them with a comfortable retirement.

Social Security provides a lifelong stream of income, but unfortunately, in most cases, the benefits alone aren't enough to sustain a long and comfortable retirement.

It's worthwhile to compare the times when homeowners could reasonably expect to get and keep a job for many years; moving up in company ranks provided comfortable raises and eventually led to retirement with a company pension.

But to truly understand a reverse mortgage is to recognize the advantages it may provide, and how it can make your retirement more comfortable.

Anyone with money put away in a retirement scheme, including a 401 (k) or IRA, is an investor by definition, all harboring the hope that over time their funds will grow and provide for a comfortable, enjoyable retirement.

This money could provide a comfortable cushion for unexpected expenses late in retirement.

If Martin makes it to 55 at the auto plant, then his pension benefits and Jenniferâ $ ™ s half - pension, combined with the farm income and the impressive amount theyâ $ ™ ve accumulated in their RRSPs, will provide the couple with a comfortable retirement.

This means people can not depend on Social Security alone to provide them with a comfortable retirement.

Social Security may provide a dependable, supplemental income throughout retirement, but benefit levels are not high enough to fund a comfortable retirement for most people.

In order to enjoy a secure and comfortable retirement, take the necessary steps now to minimize your tax burden and develop a diversified portfolio of products which will provide the most financial security.

A: Defined benefit (DB) pension plans can provide you with a smooth transition into a comfortable retirement lifestyle or play a healthy part in your overall retirement resources.

They have provided her the necessary vet care she needs and hopefully will find her a loving home where she can spend her retirement, comfortable and loved.

Help American Humane bring more four - legged military veterans home and provide them with the comfortable retirements and continued medical care they deserve.

Will the sale proceeds provide sufficient return to allow a comfortable retirement?

If you are considering buying VUL insurance, you also need to be clear about your future goals, such as providing income to a spouse, taking care of high estate taxes or having a comfortable retirement.

And finally, his and Laura's shared retirement savings is fairly modest, and Pete would love to be able to provide enough to help better secure a comfortable retirement for his wife.

The amount provided every month can be utilized to take care of their essential expenses and seniors can lead a comfortable life after retirement.

It provides a death benefit for your spouse to retire on if you pass away before saving enough for a comfortable retirement or to help bridge that gap of the loss of Social Security benefits.

The Ballpark Estimate is designed to provide a rough estimate of what you'll need to save annually to fund a comfortable retirement.

In short, your reverse mortgage proceeds may provide the value of a comfortable retirement, especially if other options are not available.

And because the most common reverse mortgages, also known as Home Equity Conversion Mortgages (HECMs), are government - insured, these loans may provide you with the peace of mind you need to live a comfortable retirement.

But to truly understand a reverse mortgage is to recognize the advantages it may provide, and how it can make your retirement more comfortable.

Not only is home ownership one of the best ways to build long - term wealth, providing resources for a more comfortable retirement, but it also fosters an immeasurable sense of community and stability vital to growing families.