Sentences with phrase «retirement planning approach»

Laddering can also be the basis for an overall retirement planning approach for all retirement investments.

All of these various issues should urge Americans to take new and perhaps out - of - the - box retirement planning approaches.

Not exact matches

It's key to understand how these boomers wish to approach retirement — as a delayed adventure, as a well - deserved rest — and then help them see how they can accomplish that plan, or at least a version of it.

While Wynne's minority Liberal government said a CPP enhancement was still Ontario's «preferred approach» to strengthening the retirement income system, the new provincial plan was touted as the next best thing as governments deal with aging populations and people who aren't saving enough for the future.

As your retirement date approaches, after 40 years of saving, planning and working, the word «volatility» can become a euphemism for danger.

Many low - cost investment advisers have since pivoted to serve other financial institutions (i.e., retirement plan providers), with many shifting away from the direct - to - consumer approach altogether.

Schellenberg and Ostrovsky, 2008a use data from the 2007 GSS to determine how Canadians approaching retirement age assess their retirement income prospects and they explore certain other features of their retirement planning.

The best approach is to work with a CERTIFIED FINANCIAL PLANNER ™ (CFP ®) professional who will provide a customized plan to help you understand the risks and provide a roadmap for a successful retirement.

It's important to understand that no planning approach to retirement saving is fool - proof.

You can also check out When I'm 65 videos with a multigenerational approach on financial management, planning for retirement, and protecting your assets.

Around 2005, as John and Sue Smythe of Everett, Wash., approached retirement age, they assessed their finances and decided a couple of things: Social Security benefits wouldn't be enough to sustain them; and they wanted a consistent source of recurring revenue they could depend on and plan for.

As long as you have a plan or valid method for withdrawing retirement assets (or as long as you are approaching or over age 59.5) I think those assets should «count» toward this metric.

George had approached Karen with his plan for supplementing their retirement savings.

Your retirement plan should plot gradual shifts toward more bonds as you approach retirement.

The State of America's Workforce research study set out to determine how America's workforce is approaching retirement planning and preparedness, including their level of retirement readiness, associated emotions, challenges, barriers, and opportunities.

I know folks who plan to leave substantial legacies to their children... just as the children themselves are approaching retirement.

As we approach retirement age (mid 50's and early 60's) I do plan on incorporating more of our taxable investments into our asset allocation.

The bottom line: The new retirement is one that involves long - term planning and savings coupled with a willingness to consider different types of investments and new approaches to asset allocation.

«While we welcome the decision to end the arbitrary retirement age, raising the state pension age over this short timescale is clearly driven by a desire to cut spending rather than a planned approach to introducing more flexible retirement,» he said.

Traditional public employee pension programs in New York State have become unaffordable for taxpayers — while denying workers the ability to choose more flexible approaches to retirement planning.

Employees whose retirement plan is invested in stock of the company where they work do not pull out money as the firms approach financial distress, a recently released, but yet to be published paper, co-authored by a University of California, Riverside assistant professor found.

Focusing instead on offering retirement plans that provide all teachers the opportunity to accrue adequate benefits would be a more realistic and equitable approach.

The benefits of that approach, the authors argue, is that SA - DB plans wouldn't necessitate higher taxes and could mean greater retirement security for more teachers.

Putting off retirement planning until the headlights are on the stop sign; in other words, fast approaching your target retirement date can be devastating.

The bottom line: The new retirement is one that involves long - term planning and savings coupled with a willingness to consider different types of investments and new approaches to asset allocation.

The firm uses its time - tested Upgrading approach to build and manage custom portfolios of funds and ETFs for high - net - worth individuals, foundations and corporate retirement plans.

Whether you are just starting an investment plan or are approaching retirement, our financial consultants, can help you meet your goals.

The policy brief discusses three alternate approaches to SSI treatment of defined contribution retirement plans, one of which is to retain the current policy.

To Barbara's credit, she realized this sort of seat - of - the - pants strategy wasn't working: with about half a million in her RRSP and retirement approaching quickly, she knew she needed a more disciplined plan.

Bender says anyone approaching retirement should get in touch with a fee - only planner or an adviser who can run various tax - planning scenarios — accounting for everything from your marginal tax rate through retirement to the impact of private pension income — to determine the best plan.

Using this approach, a reverse mortgage loan is established at the outset of retirement and drawn upon every year to provide retirement income until exhausted, allowing the retiree's investment portfolio, such as a 401 (k) plan, more time to grow.

There are few holistic approaches which are considered when going ahead with the retirement planning - lifestyle choices (which includes the way individual plans to spend their life) etc..

For the «old» investor who is near or in retirement, the mindful bucket plan, as defined in Article 8.4, is a feasible and prudent approach to minimize «sequence of return risk» and protect your nest egg.

Kiplinger's Retirement Report: Kiplinger's also takes its no - nonsense, objective approach to personal finance in its monthly Retirement Report, which provides dozens of strategies for a successful retirement plan.

A smarter approach is to think of your retirement plans as consisting of two separate figures: one for things you must have, the other for things it would be nice to have.

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.

Taking control over retirement planning can help pre-retirees feel more prepared as they approach their planned retirement date — and feel more secure about the future.

Utilize this retirement checklist to help plot out your 10 - year plan as you approach retirement.

Based on findings from a national survey of more than 2,000 full - time working Americans, across white -, blue and gray - collar industries, we are shedding light on the current state of how American workers are approaching retirement planning and preparedness.

Whether you want to start, build, or protect your retirement — and whether retirement is fast approaching or years away, Citadel's retirement planning services, available through CUSO Financial Services, L.P. («CFS») can help you safeguard your family's financial security after you leave the workforce.

Research has shown that many American workers — even those approaching retirement — lack even a rudimentary retirement plan.

The advantages of following Mort's approach are: It more quickly provides the security of debt - free home ownership, which will better enable you to weather any economic storms; in case of an emergency, the wealth in your home is more accessible than assets tied up in a retirement plan; and while Rob's return in the 401 (k) could fall or (even turn negative), Mort's interest savings on his mortgage is guaranteed.

The best approach can be keeping both in mind as you plan for your early retirement.

There's a lot to these, but for those approaching traditional retirement ages, it's very common for them to make a plan more stable due to the longevity insurance aspect.

You need an engineering - like approach applied to retirement income planning.

They do not take an engineering - like approach to retirement income planning — but they should.

«The low utilization rate of the do - it - yourself approach is of concern,» she warns, «especially given that DC plans will increasingly become the primary or, in many cases, sole source of retirement income for many workers.

Conventional financial planning dictates that clients reduce the volatility of their investments as they approach retirement.

This underscores the need for a more standardized approach to conveying the value of retirement assets in income terms, such as through lifetime income disclosures on DC plan benefit statements for participants.»

That's why it's important to have a diversified approach to retirement planning.