Sentences with phrase «target retirement age»

The mean and median target retirement ages are right around 55, far below the national average of 62.

It's a small sample size (only 3 people in the survey do not like their job), but the data shows that job satisfaction does not influence target retirement age.

I would expect minimum acceptable yield to decrease with increasing target retirement age (assuming a longer time horizon — I should have asked for ages...).

This is the point at which you should begin to save for retirement as though you're retiring at a reasonable target retirement age.

In the screenshot above, I plugged in my current age, portfolio, and a target retirement age of 45 years old to see how I would fare.

Do you have a target retirement age?

Next I took the top 6 criteria and looked to see if there was any correlation with investing experience or target retirement age:

If we remove the two outliers from the 40 - 49 retirement age group (I'm looking at you Ryan) the trend becomes crystal clear: minimum acceptable yield is inversely proportional to target retirement age.

The obvious places to look for correlations here are target retirement age and experience.

Based on your age, and your target retirement age, Blooom will recommend an allocation for your portfolio.

So make your decision based on factors like your target retirement age, and whether you will make that a hard stop retirement date or you will ease into it and work a little longer.

There are several retirement calculators available online that take your age, salary, target retirement age, and other factors in order to spit out a savings number you need to hit.

Assuming 12 more years of contributing $ 10,000 annually and a 5 % rate of return, your RRSP would grow to about $ 455,000 by your target retirement age.

In the screenshot above, I plugged in my current age, portfolio, and a target retirement age of 45 years old to see how I would fare.

The numbers showed that option 2 closes the performance gap as I approached my target retirement age (65 +) and exceeded it in retirement.

You should also consider how the end of the loan stacks up against your target retirement age.