Sentences with phrase «wealthy retirees»
The phrase "wealthy retirees" refers to people who have a lot of money and are no longer working because they have reached retirement age. Full definition
In fact, the average financial assets of wealthy retirees increased during this period.
newretirement.com
If this were only wealthy retirees, it wouldn't be so bad.
In the case of wealthy retirees, researchers calculated that were spending less than half the annual amount they could actually afford to spend.
But there's also a wide variation around the norm (spending generally drops off less for wealthier retirees, for example).
Still, many wealthier retirees opt to buy long - term care coverage as a way of preserving more assets for their future heirs.
For example, a 2016 study of retiree spending habits found that with the exception of those of modest means, retirees on average were spending less then they could actually afford, while wealthy retirees were spending less than half of the amount their savings and other resources would support.
There, very wealthy retirees forget their work woes, and give themselves over to the sauna treatments and care of Dr. Heinreich Volmer (Isaacs).
In general, wealthier retirees who know that their spouse will have enough money for retirement will use a stretch IRA to maintain their family's wealth by naming the youngest person in their family as a beneficiary.
Wealthy retirees need to make sure their estate plans take into account both federal and state estate taxes, which can eat into the amount passed on to heirs.
Spending and Saving In Retirement This Vanguard study estimates that wealthy retirees reinvest 40 % of what they withdraw from retirement accounts.
The cliché goes that banks suck in thousands of college graduates each year and spit out wealthy retirees in...
I don't know anything about CARP, but I guess they're mostly made up of wealthier retirees?
These claiming strategies were thought of as loopholes that only wealthier retirees were taking advantage of.
«It makes sense that some wealthy retirees and those who have not yet entered their peak earning years land [in the lowest - income bracket] temporarily,» she told Business Insider.
Professional investors, hedge fund managers, wealthy retirees?
«The wealthiest retirees are wealthier but are not spending more, relative to previous generations.»
Cheltenham is notable for its wealthy retirees and its handsome Georgian terraces, a city that comes to life, cynics might say, as Augusta does for the Masters, for a few days of the year.
Notes: (1) Wealthy retirees may earn sufficient dividends and interest that they can live off without touching their capital.
Whether you're a struggling young parent or a wealthy retiree, every life stage brings challenges when it comes to estate planning.
The segment most immune from the economic downturn is wealthy retirees that now own expensive real estate free and clear, have built up large investment portfolios over their careers, gained the experience and knowledge to dodge bear markets, have plenty of pension and investment income, and won't live long enough to see Social Security and Medicare run out of money.
Wealthy retirees may turn to permanent life insurance to help with estate planning.
The yearly influx of wealthy retirees has led to the development of a vibrant cultural arts community.