Sentences with phrase «reductions in their retirement savings»

In 2007, many folks experienced massive reductions in their retirement savings due to the bust cycle.

In 2007, many folks experienced massive reductions in their retirement savings due to the bust cycle.

Not exact matches

Tax credit: A reduction in tax liability for specific expenses such as for child care or retirement savings.

Mr. Cuomo will also seek a cut in state operations of roughly 10 percent, a move that would require reductions of as many as 15,000 jobs, through layoffs, attrition or early retirement incentives, unless other savings can be found.

In order to achieve these financial goals, a financial planner will be able to help you with budgeting, cash flow management, a savings plan, superannuation, tax planning, home loan repayments, debt management and reduction, insurance, investments and retirement.

The authors also reported a reduction in teenage parenthood and increases in neighborhood socioeconomic status (as measured by the fraction of neighbors with a college education) and savings (as indicated by having a 401k retirement account).

For the average Personal Capital user, this means hundreds of thousands less in retirement savings and a substantial reduction in retirement readiness.

This works out to be better than investing on own to save for life after retirement because such investments may yield poor returns and lead to a reduction in savings.