And
when nearing retirement age, that can be devastating.
Not exact matches
Research from Missouri and California has shown that teachers
nearing retirement age do time their
retirement for
when they hit their peak
retirement compensation.
Here are some things to consider before applying for a refinance
when you are
near — or even past —
retirement age.
In the
near - pension-less society we live in, at a time
when Social Security is now becoming known as «Social Insecurity,» and with medical advancements keeping people alive to much older
ages, guaranteed lifetime income can be a beneficial addition to many people's
retirement plans.
When all households are included — not just households with
retirement accounts — the median
retirement account balance is $ 3,000 for all working -
age households and $ 12,000 for
near -
retirement households.
Given what I think is going to be an exploding
retirement crisis I am now more convinced that for those
near or over 50 with little to no
retirement savings an extended repayment plan like credit counseling sets them up for a potential disaster
when they hit
retirement age.
Target - date funds are mutual funds that invest in a mix of stocks and bonds that is adjusted as you
age, maximizing your chance for returns
when young and reducing your risk of losses as you
near retirement.
30 years ago
when I was a fresh faced naive graduate I was sitting chatting to my bank manager who was
nearing retirement and the conversation turned to the topic of that
age... How we were all going to be working a 4day week in the future!..
There was a time
when age discrimination conjured visual images of men and women
nearing the
retirement age of 62 and older.
So, as many second homeowners are closing up their family retreats for the season, it might be a good idea for those at or
nearing retirement age to think about how they might pass the asset down to the next generation — especially
when multiple children and their spouses will be entering into joint ownership.
Workers select a fund closest to their
retirement date and the portfolio changes automatically as they
age — aggressive investing
when they're young and more conservative as they
near retirement.
After all, the first of the 75 million boomers turn 65 in 2011,
nearing retirement age, and possibly a point in their lives
when they may want, or need, a new...