Sentences with phrase «unanticipated expense hit»

Steven Rhoads (R - Bellmore) said the borrowing is «purely about how it's going to look to the bond rating agencies if we have a $ 45 million unanticipated expense hit the books.

Not exact matches

If, for example, the financial markets go into a deep slump or your nest egg's value takes a hit because you make an unusually large withdrawal to handle a large unanticipated expense, you might need to forgo an inflation increase or even reduce the amount you withdraw for a few years to give your portfolio a chance to recover.