Sentences with phrase «working during their retirement»

If today's workers wanted to avoid working during retirement, they «should prepare for retirement as early as possible to have some certainty,» Foyster warned,.

Term life may also make sense if you continue to work during retirement, even part - time, to supplement your savings and wish to protect your spouse from the loss of your income when you die, he said.

Unless you're planning to work during retirement or have saved substantially, there's a good chance money's going to be tighter then than it is today.

Not everyone wants to stop working during their retirement years.

Leading financial website Bankrate.com has posted an article about how you can increase your Social Security benefit by continuing to work during retirement.

The lack of sufficient savings for Baby Boomers could mean delaying retirement, working during retirement and drastically changing their lifestyle.

In surveys, compared to current retirees, workers age 55 and older expect to retire later and a higher percentage plan to work during retirement.

Nearly half of today's retirees say they either have worked or plan to work during their retirement, and 72 % of those approaching their retirement years say they want to keep working after they retire, Bank of America Merrill Lynch found.

San Mateo, CA, March 25, 2015 — More than half (55 percent) of Americans are considering working during their retirement, and not simply out of necessity, according to Franklin Templeton's 2015 Retirement Income Strategies and Expectations (RISE) survey.

More people are indeed working during their retirement years.

An Age Wave / Merrill Lynch study has shown that working during retirement contributes to improved mental stimulation, physical activity, and social connections — three things shown to contribute to longer lifespans.

In a survey of professionals aged 45 to 74 conducted by AARP in 2013, seven in 10 respondents plan to work during retirement.

Not exact matches

They took what amounted to a year abroad, during which they traveled the world (while working remotely) to see what their expenses would be like and to test whether they would be happy living the vagabond life in retirement.

In other words, we would be forcing those at the lower end of the earnings ladder to consume even less during their working lives in order to add more dollars to their already decently - funded retirement.

This has caused masses of people to be unable to quit working at retirement age, because they are without enough money to take care of themselves during economic contractions.

As far as the financial services industry and virtually all the exhaustive research is concerned, meeting retirement needs means replacing a percentage — the most commonly cited figure is 70 % — of earnings during your working life.

When you think in terms of a 40 - plus - hour workweek in addition to commute time, getting ready for work each day, etc., you suddenly have a wealth of available time during retirement.

The survey comes as a U.K. study by the government's pension minister Steve Webb warned last week that the pension gap was widening, with up to 13 million Brits heading for an austere retirement after not saving adequately during their working lives.

This might work fine if you are in a lower tax bracket today and believe you'll be in a higher tax bracket during retirement.

Second, it would be very helpful to develop a longitudinal perspective on the use of retirement savings vehicles, especially during the period of mid - to late working life;

Here's the thing: Retirement income, whether from pensions, individual retirement accounts or annuities, is taxed based upon the state you reside in during retirement and not the state in which you worked and accumulated the benefits.

«Even during retirement, you might want some of your money working for you in a tax - advantaged retirement account,» he said.

«If you stick with that 10 percent during your working years, you'll likely be in good financial shape come retirement.»

Despite the poor periods, the stock market has been good to investors who slowly bought in during their working years and then slowly sold in retirement.

Thirty - seven percent of people in a recent AARP survey indicated that they plan to work either full time or part time during retirement.1 Why?

Miranda knows her healthcare costs will likely increase during retirement, and that she'd have to cut back on her writing work at some point.

While retirement may be a time when you want to step away from some of the many responsibilities you had during your working years, it's important that you stay proactive with regard to your finances.

In a nutshell, your retirement income will likely take a hit, whether through lower benefits in retirement or higher taxes during your working years (leaving you with less money to save).

A Gallup poll conducted for Wells Fargo and released Friday found that respondents were more worried about another crisis occurring during their retirement than they were about running out of money or working in retirement.

Work on your business in your spare time, and it could provide you with a little extra for your retirement account plus set you up to continue receiving income during retirement.

If you plan to work a bit during retirement, that may provide a conservative boost to your retirement income.

Save too little and you might find yourself working at McDonald's during «retirement» — or living with your son - in - law.

Khalfani - Cox cites some alternatives to help people hold off taking early Social Security benefits: Save more during working years, stay in their jobs longer, or work part - time in retirement.

Detective Constable Jamie Carr said: «During the investigation, we also identified that Bellamy worked in various education establishments in Leicester and Leicestershire until his retirement in 1995, inquiries did not determine whether Bellamy may have gone on to commit further incidents during thatDuring the investigation, we also identified that Bellamy worked in various education establishments in Leicester and Leicestershire until his retirement in 1995, inquiries did not determine whether Bellamy may have gone on to commit further incidents during thatduring that time.

Then there is his pace of production: according to commonly accepted dating techniques» using the known dates of Shakespeare's forced retreats from London during the plague years, the year of his final retirement to Stratford, allusions to current events in the plays, and so forth» it seems that during his working life in London he wrote on average two plays each year until the death of Elizabeth in 1603, when the pace slackened to about one play per year during the Jacobean reign.

I once heard a Marine Corps General say a prayer during his retirement ceremony where he spoke to God's propensity to place His servants in harms way to do His work.

And Taker is moving so much better than last year during his supposed retirement match, where he had one hip working for him and one working against him the entire time.

Meier's work was essential in the passing of the veteran's buyback bill, which permits public employees to obtain up to three years of service credit in the public retirement system for their military service during periods of conflict.

Since retirement benefits are based in part on service credit, correctly reporting the number of days these members work during a reporting period helps ensure the benefits they receive are accurate.

«Given that people are forecast to have 11 different jobs during their working life, the Pensions Dashboard is a critical piece of infrastructure to empower customers and prepare them for an ever increasing retirement.»

The Senate President's motivation for the reform package of 2011 was to save the pension system from going under, to ensure that hard - working public employees received their pensions during retirement that they had been counting on throughout their careers.

* It is wrong to discourage people who wish to work after retirement age, and we will phase out the «earnings rule» during the next Parliament.

Ferro, who headed the Department of Corrections and Community Supervision's inspector general's office until his retirement two months ago, was accused by a male investigator of harassment over a period of years, including grabbing his genitals, hugging and kissing him, and inviting the investigator to his hotel room during work - related trips when Ferro was allegedly wearing only his underwear.

Having worked in different firms during his active years, giving his all in the process, he deserves nothing better than a «sweet» retirement.

He said people aging with HIV who are still working may need more time off to take care of themselves or rest breaks during their shifts; reforming retirement benefit programs could allow people with HIV to remain in the workforce as long as possible; retirement homes and long - term facilities need to be more welcoming places for older people living with HIV.

Some have to work even during retirement.

Teachers» retirement benefits become a drag on total compensation when the increase in benefits for an additional year worked is less than the amount lost from the lost year of collecting a pension during retirement.

Administrators (who are disproportinately male) out earn teachers; their average final salaries are much higher, leaving them ahead not only during their working years, but into retirement as well.

Financial Freedom presents Roth Contributions, posted at Retirement Spreadsheet, saying, «The Roth tax optimization puzzle for asset conversions, as well as for annual Roth contributions during working years, is one of the most complex decisions that the ridiculously complex US taxation and retirement planning system forces upon individuals.»

If you think your tax rate will be lower in retirement than during your working years, it may make sense to go with a pre-tax contribution.