Sentences with phrase «retirees on a fixed»

Retirees on fixed incomes or prodigious savers should rejoice with higher interest and dividend incomes.

Apparently, Hugh has yet to learn a lesson here: If he had done any real investigation, Hugh may have discovered that retirees on fixed - incomes care most about increases in their property tax bill.

Whether you are a student on the go, a retiree on a fixed budget or someone in between, we have a checking option that is right for your life.

It takes time and energy to review where you are now but the energy expended can pay off handsomely down the road, plus you will potentially be reducing your risk which is especially important for retirees on fixed income.

Unfortunately, most retirees on a fixed income can not afford to keep up with the rate increases and this has forced them to walk away from their universal life policies.

For retirees on a fixed income, this may provide additional challenges.

Not exact matches

A surprising fixed - income alternative For years, retirees have been told that they must invest in bonds in order to preserve and make money on their capital.

The State's decision to force this cost increase on our retirees in these years when they live on a fixed income is particularly disturbing.»

Many retirees live on a fixed income, which makes finding an affordable car important.

With that sort of disparity, many retirees prefer to go with the higher fixed payment and rely on draws from savings invested in a diversified portfolio of stocks and bonds to prevent inflation from eroding their purchasing power.

But Some financial planners say it might be a good idea for new retirees to wait at least a year to get a feel for their day - to - day expenses now that they're living on a fixed income.

And carrying debt on a fixed income, especially high - cost credit card debt, is a near death sentence for retirees.

For older Americans, especially retirees living on fixed incomes, the equity in their paid - for or almost - paid - for home represents a large but liquid asset.

Policy holders are usually allowed to make easy monthly payments — which can be convenient for retirees who are typically living on a fixed income.

Because you don't have to repay it as long as you remain in your home, a reverse mortgage can be a useful financial tool for retirees on a limited or fixed income.

They say that the 7 % + withdrawal is higher than what retirees can earn on fixed income investments.

Instead of accumulating a cash hoard to cover the gap between income and costs, retirees should consider the portion of the gap that is for fixed (that is, non-discretionary) expenses, suggests Vernon, a research scholar at the Stanford Center on Longevity, at Stanford University.

Traditional pensions — also referred to as defined benefit plans — pay fixed amounts, usually monthly, to retirees based on a formula determined by salary, years of service and age.

It wasn't all that long ago that retirees could count on decent yields from stable, fixed - income investments.

This is often difficult for retirees living on a fixed income.

Policy holders are usually allowed to make easy monthly payments — which can be convenient for retirees who are typically living on a fixed income.

This can be advantageous to older workers and retirees that are on fixed incomes and no longer want to pay their insurance premiums.

Forethought Life Insurance Company quickly expanded its product offerings, and in 2006, the company brought on board fixed annuities — which allowed it to offer consumers with the ability to both save for retirement, as well as to receive a guaranteed lifetime income — something that retirees have top - of - mind, as so many people are living longer lives today.

But if you are a retiree trying to make ends meet on a fixed income, a rate like this might seem too high.

Retirees with an adjustable - rate mortgage can collect their payments on a reverse mortgage as a lump sum, fixed monthly payment, line of credit or some combination.