Sentences with phrase «retirees today»

Retirees today are far more likely than their predecessors to be holding mortgages and student loans in their so - called golden years: Student loans represented 15 percent of retirees» nonmortgage debt in 2013, up from less than 1 percent in 1989, according to LIMRA.

This can help to remove the worry of outliving savings — which has come to be one of the biggest concerns on the minds of retirees today, given our longer life expectancies.

Life expectancy is getting longer and retirees today face the challenge, and sometimes the reality, of running out of money.

With the number one concern on the minds of retirees today is running out of income, the focus of many life insurance carriers today — as well as other financial companies — has been offering retirement annuities.

Life expectancy is getting longer and retirees today face the challenge, and in some cases the reality, of running out of money.

Other sources of income — Many retirees today already have two annuities: Social Security and FERS / CSRS.

Life expectancy is getting longer and retirees today face the challenge, and sometimes the reality, of running out of money.

Here are four things retirees today need to be wary — and aware — of when it comes to their investments.

Retirees today, unlike their counterparts 30 years ago, will not be able to rely on Social Security plus employer - provided pensions and healthcare benefits to carry them through their later years.

Only 7 % of those surveyed are very confident that the Social Security system will continue to provide benefits of at least equal value to the benefits received by retirees today.

From a demographic perspective, the number of U.S. workers per retiree has been progressively declining, from more than 7 workers per retiree in the 1950's, to 4 workers per retiree today.

This is lower but not entirely out of line with Fidelity's estimate that the average 65 - year - old retiree today should expect to pay around $ 5,000 a year on out - of - pocket annual expenses and premiums.

«You can not just invest in basic fixed - income as a retiree today,» Lewis warned.

That said, a retiree today who is a few years too young for Social Security will see an Exemption + STD deduction of $ 10,000, and a 15 % bracket ending at $ 36,250, so $ 46,250 total with a total tax bill of $ 4991.

Not exact matches

But, as Ambachtsheer observes of today's retirees, «even the ones that don't, most of them for whatever reason seem to have been able to figure out how to generate enough money to retire on.»

The conservative investments, such as government bonds, favoured by baby boomers and retirees are producing virtually nothing, as today's low rates demolish returns.

While the fate of borrowers and the housing market are concerns for the future, there are already people suffering today as a result of low interest rates: savers and retirees.

No one knows what the future of health care will look like, but retirees can still plan for tomorrow based on things they know today.

Today it does all it can to meet the musical, physical, and social needs of its primary customers, retirees.

Many of today's retirees are a surprisingly happy lot, a recent study found.

This tool uses the present value of bond portfolios, adjusted for interest rate and inflation expectations, to show current retirees how much in retirement savings they need today to account for every $ 1 they need in the future, assuming they hold a portfolio made up entirely of investment - grade bonds and longer - term Treasurys.

However, new research shows that this rule doesn't work for retirees in today's low - rate environment.

For the moment, retirees interested in knowing more about their projected costs in today's circumstances can run their age, planned retirement age and general health through an online Fidelity calculator.

Haskins and Prescher share in clear detail how retirees can spend just a fraction of what their day - to - day life costs today yet sacrifice nothing when it comes to quality, comfort, and safety.

Assuming the retirement age and birth rate both stay the same, the ratio of workers to retirees will drop from 8 - to - 1 today to 4 - to - 1 by 2050, according to the WEF.

In a dramatic shift in sentiment, fewer than half of retirees believe the value of future Social Security benefits will be at least as high as what today's recipients get right now, according to the just - released 2018 Retirement Confidence Survey [opens PDF] from the Employee Benefit Research Institute.

Only 7 percent of retirees say they are very confident that each of these will continue to provide the same level of benefits they do today.

today we're talking about how we calculated what we need to save for early retirement, since the 4 percent rule doesn't exactly work as planned for all early retirees.

In addition, retirees» confidence that Medicare and Social Security will continue to provide benefits equal to what retirees receive today has significantly declined compared to last year, with fewer than half saying they are very or somewhat confident (46 percent very or somewhat confident in Medicare this year vs. 52 percent in 2017; 45 percent very or somewhat confident in Social Security vs. 51 percent in 2017).

But I also hear from people, especially retirees, who are unhappy because they have saved their whole lives and are getting very little income from those savings today.

We simulate failure rates if today's bond rates return to their historical average after either 5 or 10 years and find that failure rates are much higher (18 % and 32 %, respectively for a 50 % stock allocation) than many retirees may be willing to accept.

Pay - as - you - go system: A retirement system in which benefits for current retirees are funded by taxes on today's workers in return for the implicit promise that those workers will receive retirement benefits funded by future workers.

In today's environment many retirees are finding the old rules about portfolio management do not always work.

Rather, today's savvy retirees demand a specific, detailed explanation as to how and why a recommended plan will work.

And not only do we need to strengthen its long - term health, it's time we finally made Social Security more generous, and increased its benefits so that today's retirees and future generations get the dignified retirement that they've earned.

A 64 - year - old retiree with no political experience, Carson told Christianity Today that he never set out to run for president until supporters pushed him to consider politics.

To anyone in the F&B industry on the glide path to retirement, it is becoming clear that today's retirees are facing -LSB-...]

To anyone in the F&B industry on the glide path to retirement, it is becoming clear that today's retirees are facing a completely different set of challenges than prior generations.

Furthermore, policies that wittingly or unwittingly entrench mothers as primary carers and fathers as earners have consequences further down the line: when today's happy housewife becomes tomorrow's low skilled lone mum and pension - poor retiree; and today's confident breadwinner becomes tomorrow's angry divorced dad, with a tangential relationship with his children and substantially reduced care from them as he approaches old age.

No, we can't take away benefits that have already been given to retirees, and savings from pension reform won't be realized for quite some time even if we start today.

Syracuse — If city taxpayers had to pay off the current bill for retiree healthcare, each household would owe more than $ 32,000, the most per capita of any city in New York, according to a study released today by the Empire Center.

ALBANY, NY (06/18/2012)(readMedia)-- Today, the NYS AFL - CIO, which represents 2.5 million union members, their families, and retirees, announced that it has endorsed the reelection of Congressman Charlie Rangel (NY - 13).

ALBANY, NY (06/12/2012)(readMedia)-- Today, the NYS AFL - CIO, which represents 2.5 million union members, their families, and retirees, announced that it has endorsed the reelection campaign of Congresswoman Nydia Velazquez in Congressional District 7.

The statement by Senator Omisore here today concerning the issue of the retirees in

Today, the NYS AFL - CIO, which represents 2.5 million union members, their families, and retirees, announced that it has endorsed Congressman Bill Owens for reelection.

ALBANY, NY (05/13/2008)(readMedia)-- CSEA today ripped the Empire Center and the New York State Association of Counties for their attempts to mislead the media and the public over legislation to protect local government retirees» health care benefits.

Representing more than 121,000 active members and 50,000 retirees, DC 37 considers environmental justice a union issue, and today's forum approached fossil fuel divestment as a strategy to achieve climate justice.

ALBANY, NY (07/30/2012)(readMedia)-- Today, the New York State AFL - CIO, which represents 2.5 million union members, their families, and retirees, announced that it has endorsed the reelection campaign of Assemblyman Sean Ryan (D) in the 149th Assembly District.

ALBANY, NY (06/07/2012)(readMedia)-- Today, the NYS AFL - CIO, which represents 2.5 million union members, their families, and retirees, announced that it has endorsed Congresswoman Kathy Hochul in her reelection campaign.

NEW YORK (08/30/2013)(readMedia)-- Today, the New York State AFL - CIO, which represents 2.5 million union members, retirees, and their families, announced that it has endorsed Victor Pichardo in the special election for the 86th Assembly District on Tuesday, September 10th.