Retirement Planning Considerations?

Retirement Planning Considerations?
by

1 Answer

Answer :

To be financially responsible you must consider how you aregoing to support yourself during retirement. Since you won’t beworking and will likely have large medical expenses in the future,properly planning for retirement is extremely important. Whenplanning for retirement, many different considerations need to bemade.The first consideration to be made is how much money you willneed to retire. To figure this out, most financial advisors telltheir clients to expect that they will need between 80% and 85% oftheir pre-retirement income to retire comfortably. This means, theaverage person who makes $100,000 per year will need $85,000 peryear (adjusted for inflation) during retirement.Now that you know how much you need per year, you can betterunderstand how much you need to have saved. Retireme
by
selected by

Related questions

If you have just concluded an information briefing of host nation personnel at a Subject Matter Expert Exchange on incorporating human rights considerations into the military planning process and have?

Description : If you have just concluded an information briefing of host nation personnel at a Subject Matter Expert Exchange on incorporating human rights considerations into the military planning process and have?

Last Answer : Need answer

What are some considerations to take into account when planning an addiction intervention?

Description : What are some considerations to take into account when planning an addiction intervention?

Last Answer : It is important to prepare for a very negative emotional reaction from the addict. Be prepared for all the insults or excuses you might hear. Staging the intervention in a comfortable location, having a professional there, and having a clear plan will make it easier.

Which of the following is most likely to require special planning considerations related to asset valuation? a. Accelerated depreciation methods are used for amortizing the costs of factory equipment. b. The client has recently purchased an expensive copy machine. c. Assets costing less than P5,000 are expensed even when the expected life exceeds one year. d. Inventory is comprised of diamond rings.

Description : Which of the following is most likely to require special planning considerations related to asset valuation? a. Accelerated depreciation methods are used for amortizing the costs of factory equipment. b. ... even when the expected life exceeds one year. d. Inventory is comprised of diamond rings.

Last Answer : Inventory is comprised of diamond rings.

How are you planning for your retirement?

Description : How are you planning for your retirement?

Last Answer : Many things. I put a shit load of my pay into superannuation. I'm badgering my husband to do the same (and winning). We are investing money elsewhere. We are currently discussing other investment options. ... that's very much on my mind as I like to feel secure. What are you doing @Rarebear?

How are you planning your retirement?

Description : How are you planning your retirement?

Last Answer : On a wing and a prayer. Wish me luck. I do own my Subaru Legacy Outback wagon outright, and if I were to end up living in my car, in any car, that would be the one I would want to do it in. I guess that’s not really a plan, is it?

Any suggestions for a book or software for retirement planning?

Description : Any suggestions for a book or software for retirement planning?

Last Answer : Here is a different sort of book: How to Retire Happy, Wild and Free: Retirement Wisdom Your Won’t Get from Your Financial Advisor

Avoid Retirement Planning Mistakes?

Description : Avoid Retirement Planning Mistakes?

Last Answer : Retirement planning is critical in the day of financial troubles and uncertainty. It is a smart ideat to start planning early so that when the time comes, retiring is an easy process. Some ... since the constant flow of income is no longer available. Approximately 85% of income should be dedi

How can a retirement planning calculator help me at age 30?

Description : How can a retirement planning calculator help me at age 30?

Last Answer : Retirement is a long way off at age 30. As a result, many young people fail to take tools like retirement planning calculators seriously. This is a terrible mistake. Retirement is expensive. ... in life to make a retirement plan, funding a decent retirement may well be prohibitively expensive.

When should I start working on retirement planning?

Description : When should I start working on retirement planning?

Last Answer : Their are certain financial goals that must be met before retirement. A retirement plan should be started as early as possible so retirement can be reached at a younger age. Retirement planning should start ... real job. If you are dilligent with saving you can retire early and enjoy your life.

Where online can I find a free retirement planning calculator?

Description : Where online can I find a free retirement planning calculator?

Last Answer : You can find a free retirement planning calculator at either moneycentral.msn.com/retire/planner.aspx or www.americanfunds.com/retirement/calculator/index.htm. Fool.com and Vanguard offer retirement calculators online. These are free to use.

Where can I find a good, free retirement planning worksheet online?

Description : Where can I find a good, free retirement planning worksheet online?

Last Answer : There are numerous free retirement planning worksheets available online. Vertex42.com offers a free retirement savings calculator program that may suit your needs. However, be warned, many ... calculator. ToolsForMoney.com/retirement also offers a free calculator for planning your retirement.

What factors are considered when using a retirement planning calculator?

Description : What factors are considered when using a retirement planning calculator?

Last Answer : age time on the job pay if it is salary or commission and if the person has invested in the company.

Benefits of Early Retirement Planning?

Description : Benefits of Early Retirement Planning?

Last Answer : Currently, early retirement planning is perhaps the smartest task a person can embark upon. Planning for retirement becomes increasingly difficult as time passes. An individual should start as early as ... and there can really help anyone achieve their retirement savings goals in no time at all.

ERP is an acronym for ______: a) Enterprise Retirement Planning b) Enterprise Relationship Planning c) Enterprise Resource Planning d) Enterprise Reorder Planning e) Enterprise Retention Planning

Description : ERP is an acronym for ______: a) Enterprise Retirement Planning b) Enterprise Relationship Planning c) Enterprise Resource Planning d) Enterprise Reorder Planning e) Enterprise Retention Planning

Last Answer : c) Enterprise Resource Planning

When the Human Resources module is activated, which areas must be addressed? a. Complement (number of workers) b. Caliber (recruitment of talent of workers) c. Training (time workers spend in training) d. Benefits (retirement planning for workers) e. a, b, and c

Description : When the Human Resources module is activated, which areas must be addressed? a. Complement (number of workers) b. Caliber (recruitment of talent of workers) c. Training (time workers spend in training) d. Benefits (retirement planning for workers) e. a, b, and c

Last Answer : e. a, b, and c

Which do you believe played the greater role in ending slavery in the United States; the moral argument or economic/business considerations?

Description : Which do you believe played the greater role in ending slavery in the United States; the moral argument or economic/business considerations?

Last Answer : The moral argument.

Front load washers: are there any structural considerations to be made?

Description : Front load washers: are there any structural considerations to be made?

Last Answer : I weigh 205 lbs. If you are worried about a 200 lb washer, I would be worried about walking around on the second floor of your house. How much does your bed weigh with you and somebody else on it?

What are some considerations for opening a pizzeria?

Description : What are some considerations for opening a pizzeria?

Last Answer : answer:What is your crust recipe? A pizza without a good crust is like a house without a good foundation. Are there pizza chain restaurants nearby? Dominos, Pizza Hut, etc? More broadly, who is your competition?

Have you ever left a job because of ethical considerations?

Description : Have you ever left a job because of ethical considerations?

Last Answer : answer:Yes. I can't really elaborate, but I strongly disagreed with conditions under which the results of my efforts were to be applied and the single-minded unwillingness to consider ... turned down contracts due to ethical concerns and managed to negotiate more favorable conditions in others.

Do you think most jobs/careers pay fairly for the skill requirements, level of importance, education required and danger factor considerations themselves?

Description : Do you think most jobs/careers pay fairly for the skill requirements, level of importance, education required and danger factor considerations themselves?

Last Answer : answer:I think that many office jobs (especially managerial) are overpaid whereas many manufacturing jobs are a bit underpaid. I know for a fact that I am earning less than half of what the average person in ... at my level of experience/skill earns, but times are tough and I need what I can get.

What are the main considerations for opening a restaurant?

Description : What are the main considerations for opening a restaurant?

Last Answer : answer:um, not to sound like an ass and state the obvious, but unless you’re independently wealthy profitability is #1 (supporting it are targeted customer base, locale, advertising, certifications, price, and quality). oh, and loan T’s & C’s. might as well add customer influx/turnover as well.

Where on the internet can I find great haircut/style ideas and considerations to tell my barber?

Description : Where on the internet can I find great haircut/style ideas and considerations to tell my barber?

Last Answer : Sometimes I just go to photobucket and type “hair style” in the search bar. You get a lot of different interesting things. Some not always good, but I’ve found some cool styles on there. Or maybe more specific, like “short hair” or “wavy hair”, etc.

Is any legal action i can take against my boyfriend as he passed his STD to me without any considerations of my saftey?

Description : Is any legal action i can take against my boyfriend as he passed his STD to me without any considerations of my saftey?

Last Answer : answer:Unlikely. He wasn't the only one that didn't take your safety into consideration. Even if you tried to sue you would have to prove that he knew he had before the act. And even with that ... birth control pills for a few day and gets pregnant that doesn't get me out of paying child support.

Cost considerations aside, would you want your loved ones to have a GPS locator implant?

Description : Cost considerations aside, would you want your loved ones to have a GPS locator implant?

Last Answer : If, IF there could be a way so that nobody outside the family could use a device to track someone like if someone in our family held the sole, singular tracker thingamajig, then sure, I don't see ... with it. Except someone would find a way to Big Brother the whole thing it's a slippery slope.

The least stable metal cabonyl as per the bonding considerations should be

Description : The least stable metal cabonyl as per the bonding considerations should be

Last Answer : The least stable metal cabonyl as per the bonding considerations should be A. `Cr(CO)_(6)` B. `Mn(CO)_(6)` C. `Fe(CO)_(5)` D. `Ni(CO)_(4)`.

What element is not one of position management considerations when determining what is need for an organization to accomplish the mission?

Description : What element is not one of position management considerations when determining what is need for an organization to accomplish the mission?

Last Answer : FASCLASS search filters

What are three of the primary considerations that needed to be addressed when the Civil War ended What would the requirements be for Confederate states to reenter the Union Which Southern states would?

Description : What are three of the primary considerations that needed to be addressed when the Civil War ended What would the requirements be for Confederate states to reenter the Union Which Southern states would?

Last Answer : Feel Free to Answer

What are the most important considerations when selecting and testing a solution to try for a problem?

Description : What are the most important considerations when selecting and testing a solution to try for a problem?

Last Answer : Need answer

Considerations Before Engine Repair?

Description : Considerations Before Engine Repair?

Last Answer : You can save yourself extra money by knowing where to locateengine failures and possibly prevent a visit to the mechanic shop.The key to understanding engine problems is to have a basicunderstanding of ... the engine and is whatcontrols the timing of the cylinders in the cylinder block.These can

Considerations in Using Glass for Your Table Top?

Description : Considerations in Using Glass for Your Table Top?

Last Answer : There is no doubt about it; a table top made from glass addsbeauty and elegance to any setting, whether it is in the diningroom, living room or even the bedroom. Glass is not onlyaffordable, but ... base or pedestal and theglass top to prevent skidding. The reason for this is obvious.Moving a table

What are the most important considerations when purchasing used cars?

Description : What are the most important considerations when purchasing used cars?

Last Answer : You first want to check how many miles are on the vehicle. This is a good indicator of how much longer the vehicle will last. You want to research the make and model of the car beforehand to look for things such as longevity of the vehicle and safety ratings.

What special considerations do I need to take when shopping for motorcycle insurance versus auto insurance?

Description : What special considerations do I need to take when shopping for motorcycle insurance versus auto insurance?

Last Answer : When shopping for motorcycle insurance verify the company covers extra like accessories and chrome. Foremost Insurance company specializes in motorcycle insurance.

Considerations When Buying Software Online?

Description : Considerations When Buying Software Online?

Last Answer : It can be advantageous to buy software online in certain situations, but there are also some complications that should be considered. Software that is purchased online usually comes in the most recent, ... program to be re-downloaded at a later date in case of emergencies or a computer upgrade.

The Legal Considerations of Toy Invention?

Description : The Legal Considerations of Toy Invention?

Last Answer : Toy invention can be a highly exciting and rewarding endeavor. All it takes is one good idea for a creative person to tap into the lucrative toy market. Once a toy inventor has come up ... of the legal nuances involved. Experienced legal professionals can negotiate the best deal for a toy inventor.

Considerations When Choosing an Apartment?

Description : Considerations When Choosing an Apartment?

Last Answer : When choosing an apartment, there are many details that need to be taken into consideration. It may be helpful for a person to write a list of everything they are looking for in an ... , as a person should carefully consider the surrounding neighborhood and research crime rates in the area.

Trampolines Sale: Safety Considerations?

Description : Trampolines Sale: Safety Considerations?

Last Answer : How to choose the right trampoline for sports, entertainment, kids, or family fun? It is necessary to clearly define for yourself for what purpose you are going to purchase it. There are also several ... for weights from 100 to 120 kg. Professional ones can withstand loads of 150 kg and more.

Considerations When Creating a Bridal Registry?

Description : Considerations When Creating a Bridal Registry?

Last Answer : A bridal registry makes excellent sense because it allows couples to choose items they really need to put together their new home. Collecting the basic items of a home takes time and money, and a well- ... or stores. Convenience for the guests to visit the stores and choose the gifts is key. If t

Which of the following anatomical considerations is correct: A. optic chiasm lesions characteristically produce a bitemporal hemianopia B. central scotoma occurs early in papilloedema C. in cortical blindness pupillary reactions are abnormal D. optic tract lesions produce an ipsilateral homonymous hemianopia E. opticokinetic nystagmus is found with bilateral infarction of the parieto-occipital lobes

Description : Which of the following anatomical considerations is correct: A. optic chiasm lesions characteristically produce a bitemporal hemianopia B. central scotoma occurs early in papilloedema C. in ... hemianopia E. opticokinetic nystagmus is found with bilateral infarction of the parieto-occipital lobes

Last Answer : Ans: A

Which of the following anatomical considerations is correct: A. optic chiasm lesions characteristically produce a bitemporal hemianopia B. central scotoma occurs early in papilloedema C. in cortical blindness pupillary reactions are abnormal D. optic tract lesions produce an ipsilateral homonymous hemianopia E. opticokinetic nystagmus is found with bilateral infarction of the parieto-occipital lobes

Description : Which of the following anatomical considerations is correct: A. optic chiasm lesions characteristically produce a bitemporal hemianopia B. central scotoma occurs early in papilloedema C. in ... hemianopia E. opticokinetic nystagmus is found with bilateral infarction of the parieto-occipital lobes

Last Answer : Ans: A

A spring index from ___ is considered as best for manufacturing considerations. (A) 4 to 12 (B) 12 to 20 (C) 20 to 28 (D) 28 to 36

Description : A spring index from ___ is considered as best for manufacturing considerations. (A) 4 to 12 (B) 12 to 20 (C) 20 to 28 (D) 28 to 36

Last Answer : (A) 4 to 12

The normal stress is perpendicular to the area under considerations, while the shear stress acts over the area. a) True b) False

Description : The normal stress is perpendicular to the area under considerations, while the shear stress acts over the area. a) True b) False

Last Answer : a) True

The_______ of an office will ordinarily be a sum equal to the average _________multiplied by the number of days in which funds can be obtained, plus a percentage of the average ___________(if necessary), as a margin – the amount of which will depend upon the extent of the difference between the receipts and payments, and other considerations a) Minimum cash balance , daily payments, daily payments a) Maximum cash balance , daily payments, daily payments a) Minimum cash balance , daily payments, daily receipts a) None of these

Description : The_______ of an office will ordinarily be a sum equal to the average _________multiplied by the number of days in which funds can be obtained, plus a percentage of the average ___________(if ... payments, daily payments a) Minimum cash balance , daily payments, daily receipts a) None of these

Last Answer : a) Minimum cash balance , daily payments, daily payments

A group of closely related product items that are considered to be a unit because of marketing, technical, or end-use considerations is a product 1. category 2. dimension 3. extension 4. line 5. mix

Description : A group of closely related product items that are considered to be a unit because of marketing, technical, or end-use considerations is a product 1. category 2. dimension 3. extension 4. line 5. mix

Last Answer : line

What are the key considerations for people in sales while they use social media for selling (Social Selling)? A. Check if their clients are on social media and then connect with them on the relevant social networks B. Avoid using social media to sell C. Build their professional brand and then position themselves as subject matter experts in their field to build credibility D. Connect with their clients and prospects on LinkedIn and then start liking/commenting/sharing their posts

Description : What are the key considerations for people in sales while they use social media for selling (Social Selling)? A. Check if their clients are on social media and then connect with them ... D. Connect with their clients and prospects on LinkedIn and then start liking/commenting/sharing their posts

Last Answer : C. Build their professional brand and then position themselves as subject matter experts in their field to build credibility

What are the key considerations for people in sales while they use social media for selling (Social Selling)? A. Check if their clients are on social media and then connect with them on the relevant social networks B. Avoid using social media to sell C. Build their professional brand and then position themselves as subject matter experts in their field to build credibility D. Connect with their clients and prospects on LinkedIn and then start liking/commenting/sharing their posts

Description : What are the key considerations for people in sales while they use social media for selling (Social Selling)? A. Check if their clients are on social media and then connect with them ... D. Connect with their clients and prospects on LinkedIn and then start liking/commenting/sharing their posts

Last Answer : C. Build their professional brand and then position themselves as subject matter experts in their field to build credibility

In a Rankine cycle, with the maximum steam temperature being fixed from metallurgical considerations, as the boiler pressure increases (a) The condenser load will increase [IES-1997] (b) The quality of turbine exhaust will decrease (c) The quality of turbine exhaust will increase (d) The quality of turbine exhaust will remain unchanged

Description : In a Rankine cycle, with the maximum steam temperature being fixed from metallurgical considerations, as the boiler pressure increases (a) The condenser load will increase [IES-1997] (b) The ... The quality of turbine exhaust will increase (d) The quality of turbine exhaust will remain unchanged

Last Answer : (b) The quality of turbine exhaust will decrease 

Optimum economic pipe diameter for fluid is determined by the (A) Viscosity of the fluid (B) Density of the fluid (C) Total cost considerations (pumping cost plus fixed cost of the pipe) (D) None of these

Description : Optimum economic pipe diameter for fluid is determined by the (A) Viscosity of the fluid (B) Density of the fluid (C) Total cost considerations (pumping cost plus fixed cost of the pipe) (D) None of these

Last Answer : (C) Total cost considerations (pumping cost plus fixed cost of the pipe)

40. Which of the following is a limitation associated with an LP model a. The relationship among decision variables is linear b. No guarantee to get integer valued solutions c. No considerations of effect of time & uncertainty on LP model d. All of the above

Description : 40. Which of the following is a limitation associated with an LP model a. The relationship among decision variables is linear b. No guarantee to get integer valued solutions c. No considerations of effect of time & uncertainty on LP model d. All of the above

Last Answer : d. All of the above

Tell Me What Are The Important Considerations In Inventory Control?

Description : Tell Me What Are The Important Considerations In Inventory Control?

Last Answer : For inventory control to work at its best a store must consider the costs of acquisition, carrying, ordering, and stock-out. the store must also look at its reordering system, its budgeting for inventory, insurance and forecasted demand.