Sentences with phrase «to maintain the same standard of living»

That is likely not enough to maintain the same standard of living in retirement, but it is a great start and more than what the average person is doing.
Life insurance can help your family maintain the same standard of living, pay for your children's college expenses, and pay off your home mortgage.
Even if you have money saved, make sure to take the time to calculate if it's enough for your spouse to maintain the same standard of living after you're gone.
It's important that you save for your retirement so you are able to maintain the same standard of living once you are no longer working on daily basis.
How much money is required to cover your current financial commitments, or replace your current income in order to maintain the same standard of living for your beneficiary?
Conversely, if you don't buy enough life insurance, your family may not be able to maintain the same standard of living if you were still alive.
The surviving spouse can now maintain the same standard of living that they have been accustomed to.
Without your income, it would be hard to survive much less maintain your same standard of living.
Both of them work in the same company, have similar lifestyle and expect to maintain the same standard of living in future too.
Life insurance can help your family maintain the same standard of living, pay for your children's college expenses, and pay off your home mortgage.
Maintain family's standard of living: With an adequate life insurance plan, your family can maintain the same standard of living after your demise as well.
Will your older parents be able to maintain the same standard of living once they are retired?
Women have become more aware that upon their death it may be difficult for the husband by himself to maintain the same standard of living for the family.
Also, women can invest in retirement plans to have a sound retirement corpus so that they can maintain the same standard of living as in the early working days without depending on anyone.
wants to maintain the same standard of living throughout retirement so will increase his Gross Earnings in line with inflation every year.
Wealth: As defined by R. Buckminster Fuller, the number of days you can survive without working for money, while still maintaining your same standard of living.
Whether each spouse will be able to maintain the same standard of living established during the marriage, based on his or her earning capacity;
The purpose of loss of use coverage is to allow you to maintain the same standard of living as if your home had not become uninhabitable.
Addressing the core purpose of insurance, Edelweiss Tokio Life Insurance Company Limited, the latest new age life insurance entrant has launched two cost effective term plans that helps a family maintain the same standard of living in case of an...
Alimony, also known as spousal support, consists of payments that one spouse makes to the other person after their divorce is final to maintain the same standard of living after the divorce.
Using that figure as your guide, plan on having double the amount of money you have today to maintain the same standard of living in 20 years.
It can enable them to maintain the same standard of living, pay off the mortgage, and go to college, in your unexpected absence.
Many fund companies and advisers will tell you that you need 60 % to 80 % of your pre-retirement income to maintain the same standard of living in retirement.
Various wage calculators are out there to compare a salary in one city, to the equivalent salary needed to maintain the same standard of living in another.
Another way to estimate how much money you will need in retirement is to assume you need 67 % (two - thirds) of your income before you retire in order to maintain the same standard of living in retirement.
In many cases, one spouse may not be trained for employment, or could have been out of the workforce for a significant amount of time, making it difficult for that spouse to find a job and maintain the same standard of living they enjoyed while married.
You should take adequate life insurance so that your family continues to maintain the same standard of living and can meet financial goals like son's education and marriage.
Doubling the total value of your items allows for market inflation so you can maintain the same standard of living in the event of a loss.
Standard of Living — Your family will need to receive a minimum of 75 % of the income that you, as a wage earner, brought in to the household in order to maintain the same standard of living.
In two - income households, this is an effective way for the beneficiary to maintain the same standard of living.
As a general rule of thumb though, many insurance professionals say your surviving loved ones will need 10 to 20 times your current income to maintain the same standard of living they have now.
Term life insurance can be used to replace the lost income so the survivor can maintain the same standard of living.
This plan is for people who want to ensure provide protection for their family against immediate liabilities and ensure monthly income so the family can maintain same standard of living.
It is a comprehensive protection plan that not only provides a lump sum in case of any eventuality to meet immediate liabilities but also provides your family with a regular monthly income to ensure that they maintain the same standard of living even in your absence.
He wants to know that his young family will be able to maintain their same standard of living in the event of his premature death.
Whether it's about leaving your debts behind or ensuring your family can continue to maintain the same standard of living, it's clear that there is a vital need for adequate life cover.
Life insurance can be used to replace the lost income so the survivor can maintain the same standard of living.
Life insurance can provide reassurance that your family will be able to maintain the same standard of living, and continue to manage expenses, education and bills once you are gone.
Make sure to buy enough insurance to allow your family to maintain the same standard of living.
It can enable them to maintain the same standard of living, pay off the mortgage, and go to college, in your unexpected absence.
According to PayScale, here's what you would have to earn in San Francisco dollars to maintain the same standard of living as the average software engineer salary would afford you:
But if you were to attempt to relocate your Austin life to San Francisco — and wanted to maintain the same standard of living you got for $ 115,035 in Austin — you'd need to earn a whopping $ 198,353 yearly (per C2ER data provided by PayScale).
And what would you need to earn in San Francisco dollars to maintain the same standard of living?
By using the salary calculator, you will be able to determine how much you would need to earn in your new city to maintain the same standard of living you currently enjoy.
Though current factors require a judge to consider the standard of living of the parties during the marriage, the new proposed factor states explicitly that the parties should not expect to be able to maintain the same standard of living in two households as compared to when everyone lived in the same household.
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