Sentences with phrase «years of retirement tend»

The final years of work and the first few years of retirement tend to have increased variability of either income, deductions, or both.

Not exact matches

She explained that retirees tend to be more active in their early retirement years, and the upkeep of a larger house might pose no problem.

For example, she said, if a new roof lasts 20 to 30 years, living until 90 instead of 80 means budgeting for one new roof at age 60 won't cut it; if they tend to keep cars for 10 years, their retirement might entail an extra purchase.

Both studies found that until Americans hit the latter retirement years, when health care expenses tend to scale up, they're spending far less than 85 % of their pre-retirement income, on average.

But in David's research, he shows that spending tends to dip, expenses tend to dip in kind of those middle retirement years where maybe the idea of heavy travel isn't super appealing.

The time will come when time will run out for us too, and once we see that, we see also that for the 18 - year - old at McDonald's as well as for the old crock in the retirement - home cafeteria, every one of our suppers points to the preciousness of life and also to the certainty of death, which makes life even more precious still and is precious in itself because under its shadow we tend to search harder and harder for light.

We generally tend to save more for goals such as Kid's education or a home purchase and less for retirement, may be because we are more likely to expect our retirement years to be financed by income of other family members (children).

Then there's the fact that these costs arise many years from retirement: parents in their 30s and 40s usually can't afford to put away much for retirement, so the bulk of their saving tends to come after the kids have left home and the mortgage is paid off.

While most of us scramble to make last - minute RRSP contributions or start wondering how to reduce taxes in retirement the year we retire, the wealthy tend to realize that building wealth and reducing taxes requires a plan that allows you to see decades into the future.

The word «retirement» tends to conjure up a certain set of buzzwords: pension plan, 401 (k), Social Security, golden years.

(Indeed, in a follow - up report Sibears examines the notion of whether retirees even need to boost withdrawals for inflation every year in retirement, given evidence that spending tends to decline as retirees age.)