Sentences with phrase «supplement other sources of income»

As long as you meet the requirements (see below), you can use the funds to supplement your other sources of income or any savings you've accumulated.

The expectation is that they will pay off their outstanding debts and use any remaining funds to supplement other sources of income.

Not exact matches

«But on an after - tax basis, for Canadians who collect Guaranteed Income Supplement (GIS) and have no other separate source of income beyond CPP, pension wealth is maximized at age 60, on average, and is reduced from there on.&Income Supplement (GIS) and have no other separate source of income beyond CPP, pension wealth is maximized at age 60, on average, and is reduced from there on.&income beyond CPP, pension wealth is maximized at age 60, on average, and is reduced from there on.»

There was actually more good news in the Service Canada letter, although probably not for the likes of me or readers of this website: seniors with few other sources of income (such as corporate pensions, RRIFs and the like) may also qualify for the Guaranteed Income Supplement (GIS) tincome (such as corporate pensions, RRIFs and the like) may also qualify for the Guaranteed Income Supplement (GIS) tIncome Supplement (GIS) to OAS.

For Alice, having a 30 - year TIPS laddered portfolio of USD 10,000 real income each year would be a nice supplement to her other sources of income from Social Security benefits and defined - contribution retirement savings.

Having a proper mix of dividends, interest, and distributions from your investments is key to generating consistent cash flow to supplement other income sources while retired.

Having a proper mix of income to growth investments is key to generating consistent cash flow to supplement other income sources while retired.

That being said most of the million and under million crowd seem to supplement their passive income with other sources of income.

You'll have your own nest egg and will be less of a burden on the government, which otherwise might have to pay you full Old Age Security benefits and (if you had no other income sources), the Guaranteed Income Supplincome sources), the Guaranteed Income SupplIncome Supplement.

Start with a reasonable initial withdrawal rate: Once you understand how many years you may be counting on your retirement accounts to supplement Social Security and any other sources of income, you then want to gauge how likely your savings are to last for as long as you need them to given different withdrawal rates.

An annuity provides a predictable and reliable income stream for as long as you live, and can be used to supplement existing sources of income in retirement such as RRIFs and other plans.

There's a big difference, after all, between making games as a supplement to other sources of family income and relying on game sales to keep a roof over your head.»

Developed countries would commit to providing it with a steady stream of income for its primary operating budget, possibly supplemented with money from the private sector and other sources.

The Report acknowledged the vulnerability of pensioners but maintained that retirement benefits can be accessed from other sources (Canada / Quebec Pension Plan, Old Age Security and Guaranteed Income Supplement programs, and possible private savings and RRSPs) and concluded by noting that while greater protection might be desired by some, that protection «must be balanced against the interests of others» (Report, page 98).

111/201)(«the ASVG») provides that, where a retirement pension plus net revenue from other sources (plus any other amount which should be taken into account) falls short of a specific reference amount, the individual receiving that pension is to be entitled to a compensatory supplement which is equal to the difference between the reference amount and that individual's personal income, so long as he is habitually and lawfully resident in Austria.

A deferred variable annuity can supplement other income sources after you retire or make up for the pensions you may have lost, as well as provide the advantage of guaranteed benefits.