Sentences with phrase «typical retiree»

While you may not be the average Canadian and the dollar amount of your annual spending may be considerably more or less than other typical retirees, it is not unreasonable to assume that the trajectory of your spending will decline in inflation - adjusted terms particularly during your 70s.

How might that affect a typical retiree?

Then we calculated the taxes a typical retiree would pay on that income based on the state - specific Social Security tax rules.

Central banks, of course, have a much bigger margin for error than your typical retiree.

In 2008, the typical retiree could expect a government pension equal to half of average pre-tax earnings.

The typical retiree receives nearly 95 per cent of average pre-retirement, take - home pay.

If you compare those numbers with the corresponding values in Table A, you'll see that the 5 % and 6 % withdrawal rates held up longer — but not enough to last for the 30 - year lifetime that a typical retiree should anticipate.

For a typical retiree, allocating 10 % to 15 % of retirement savings into a longevity annuity provides roughly the same spending benefits as putting 60 % or more wealth toward an immediate annuity, according to a paper published in the Financial Analysis Journal by Jason S. Scott, retirement research director for Financial Engines of Palo Alto, Calif..

The typical retiree leaving the workforce at age 65 can expect to live another 19 years.