Sentences with phrase «running out of money late»

The primary function that these annuities served — and the reason why an insurance company was the one issuing them — was to protect against longevity risk, or the possibility of running out of money late in life.

The primary function of an annuity is to protect against longevity risk, or the possibility of running out of money late in life.

Deferred income annuities (DIAs) are sometimes called longevity insurance because they help protect against the risk of running out of money later in retirement.

Launched in 2004 and extended by Cuomo in 2013, the $ 420 million - a-year program isn't set to expire until 2019 but was expected to run out of money later this year without the additional funding.

As with other types of insurance products though, many people are willing to accept these downsides in exchange for peace of mind and the assurance that they won't run out of money later in life.

You might end up with considerable wealth if you're fortunate — but you just might run out of money later in life if you're not.

They allow you to insure that you will not run out of money later in life, while keeping your premium outlay to a minimum.

Financial planners creating a retirement income strategy can reduce the expected costs of funding a retirement income by allocating a portion of their client's investments to a DIA, particularly if the retiree is worried about investment risk in the near term or running out of money later in life.

Not exact matches

During the mini dot - com bust of late 1996, a start - up I was working for literally ran out of money.

An independent Scotland would face the choice of cutting those services, or raising other taxes to higher than UK levels, so as to be able to put the oil revenue into a long - term savings fund, or spending it to support services now, and face that choice later when the oil runs out, but with no cushion of money in the bank.

If you keep on spending more than you earn, sooner or later you run out of money, Osborne reminds Labour.

The government reform groups say the latest scandal involving Senator Smith's alleged bribes to GOP officials to try to obtain permission to run on the Republican Mayoral ballot once again emphasizes the need to get money out of politics.

You've seen it happen all too often, your bro who dieted down, and then a week later has undone the hard work as he pigs out on buffets, Ben and Jerry's and a multitude of other delicacies that would give michael phelps a run for his money.

As it turns out, either the company ran out of money, or JDate put forth a really compelling offer, which Spark Networks said they would reveal later in the company's 4th quarter financial statements.

Only the late appearance of Betty Buckley (Frantic, Carrie), playing a paranoid old woman so off - kilter she gives Mrs. Bates a run for her money, manages to actually creep us out, though eventually even that aspect causes some unintentional laughs.

Later, when the money ran out, or the romance of the wandering life faded, the Walls retreated to the dismal West Virginia mining town — and the family — Rex Walls had done everything he could to escape.

Later, when the money ran out, or the romance of the wandering life faded, the Walls retreated to the dismal West Virginia mining town — and the family — Rex Walls had done everything he could to escape.

In the long - running debate about when to take Social Security — as early as age 62 or as late as age 70 — the focus has been on timing your claim to get the most money, in total, out of the social safety net.

No withdrawal rate can ensure you won't run out of money in retirement or, conversely, withdraw so little that you end up with more savings than you'll need late in life.

The early decline scenario runs out of money by year 26, while the late decline scenario still has about three quarters of the original investment at year 30.

Your aim, therefore, is to withdraw enough money to give you a decent shot at an acceptable retirement lifestyle while miminizing the risk of running out of dough early on or ending up with too big a stash late in life.

Which means you could end up hurting more than helping yourself — i.e., end up with a smaller rather than larger nest egg or run out of money sooner rather than later.

Even if you succeed in not running out of money, following it could leave you with a big stash of cash late in retirement if the markets do well.

To maximize the fund, and to not run the risk of our kids not putting the true value on the funds contribution, they will be required to repay half of what they take out to the fund for the remaining kids — or if they put money in they will have a credit of double their money sitting in the fund (Put in $ 5,000 before university from PT jobs — take out $ 10,000 for educational needs or if you haven't pre-contributed; take out $ 10,000 and repay $ 5,000 later)

Ran out of time to write a new April Fools» joke this year, but here are a couple of oldies but goodies: Free Money Printing Press (5 years later we still get emails from people asking if the offer is valid), CBOE's New Mega And Nano Options (like mini weeklys but better!)

Adrian Mastracci, portfolio manager of Vancouver - based Lycos Asset Management Inc. says funding the ever demanding retirement years can be fraught with fears and trepidation and any additional options that help retirees from running out of money in their later years are welcome strategies.

The latest Social Security Trustees Report projects that the Social Security trust fund will run out of money in just 18 years, or 2033.

With money for spaying and neutering pets nearly exhausted, Lake County leaders want state legislators to support ideas that would earn the county nearly $ 60,000 yearly to keep the animal population in check.Since the late 1970s, the county has paid to sterilize pets at Lake's animal control shelter in Astatula with the help of a hefty donation that started a trust fund.However, that sterilization trust fund is expected to run out of money any day now.

I hadn't showered in days, I was hungry, I'd been alone for a week, I had almost run out of money, I wore a backpack the size of a toddler, and still, when I came out of the Palermo station, a prepubescent boy pinched my ass so hard in passing it later hurt to sit.

They've said this year's event won't run more than 30 minutes, and with Nintendo of Canada setting up kiosks for Super Mario Odyssey demos, my money's on Mario's latest outing taking center stage.

Otherwise the client may come back later, perhaps when the money runs out, and accuse the lawyer of not properly explaining the situation or not making clear that the settlement might have been greater had the matter been pursued further.

With his lawyers recently jumping ship after Dotcom ran out of money, the extradition case has been pushed back to June as he strives to build a new defence team, though he has a bail hearing coming up on Thursday that will determine whether he will have to go to jail pending the outcome of the main hearing later this year.

Do your fears about how much money divorce will cost and the soul - sickening fears of running out of money keep you up late at night?

The problem with socialism is that sooner or later you run out of other people's money.

Margaret Thatcher, Conservative Prime Minister of Great Britain, also known as the Iron Lady, once offered this opinion: «The unfortunate thing about socialism is that sooner or later, you run out of other people's money.»

We ran out of money in our move - in reno and a few years later when the boys were getting gangly and two full bathrooms were becoming a must, we decided to do both bathrooms at once, turning one from half to full.