Recent questions tagged retirement

Description : Older jellies: do you live in a retirement community? Or do you think you ever will?

Last Answer : I live in independent living of in other words a senior apartment block of 33 residents. At first is was exciting attending the Festivities of which in our small Town of 5000 people offered the ... torn down in the next couple of years, understandably he is worried and searching for another route.

Description : Why do aging rock stars still perform up into their late 70’s or 80’s?

Last Answer : Thinking you nailed it, especially with the last two.

Description : Realistically, what will “retirement” look like for you?

Last Answer : Probably won’t be able to retire.

Description : Why do human beings retire when all it does is make them turn into miserable, unhappy people ?

Last Answer : answer:In many Western societies, people don't have any choice but to retire or at least partially retire at a certain age. Since we now remain healthy for much longer, this can leave people with many ... before we reach that point and as a society, we need to start to factor into our planning.

Description : What time or decade did companies and businesses stop desiring lifetime workers?

Last Answer : When they realized they could save money,by getting rid of old and worn out employees.

Description : What happened to the Ultimate Warrior from WWF (World Westling Federation)?

Last Answer : After his contract was up he probably went to his beach house in Malibu.

Description : I read it again. Do you believe you must have at least a million bucks to retire comfortably?

Last Answer : Yes, minimum, preferably several million. Never gonna happen for me, but, if you want to reasonably live well on 40-50k a year, take inflation into account, and all manner of other expenses and . you ... be 100+...well, that's a lot of greenbacks over a potential 30+ years of retirement possibility.

Description : Can I have some advice/suggestions to be more comfortable in a retired sedentary lifestyle?

Last Answer : Keep exercising to keep your body and mind sharp.

Description : Who would you like to see replace Trebek on Jeopardy?

Last Answer : Pat sajak. from Wheel of Fortune.

Description : How much in savings would you need to comfortably retire?

Last Answer : answer:You have to work backwards. What is the minimum amount you will need to live comfortably for one year? Let's be conservative, assume that you are not a spend thrift and have decent Medicare and ... . 225K may be enough, just barely, for one person to save for long-term health care alone.

Description : Is San Diego a good place for retired folks?

Last Answer : From what I’ve heard, it is a lovely city with of course, a wonderful climate. The only thing would be the cost of living so you might want to look online at real estate prices.

Description : What is your retirement plan?

Last Answer : I hope to be healthy and wealthy enough to travel. When I was married, we had a camper and our plan was to go all over the country in the camper. I have since decided that is way too much work and would rather travel by car or plane and stay in nice hotels.

Description : There's a good chance that my workplace may offer "early outs" to employees within five years of retirement. Anyone have advice about retiring at 55?

Last Answer : I think this is a question you can only answer for yourself, upon consulting with a professional financial adviser. I really think that is what you should do. It depends on what the buyout is that ... this. You need to consult with a professional financial adviser. That's what I think, at least.

Description : If I were to take a total distribution from a pension plan and roll it into a Roth IRA, will that distribution be taxable?

Last Answer : answer:Short answer is yes. You will add it to your income for that year, then add a 10% penalty on top of your effective tax rate for that specific portion of money. If you have a lot of years before retirement, it is worth it.

Description : Do you know of anyone who should be retired by now yet he/she finds himself well over the age of 65 in a position where he/she should continue doing something for a living?

Last Answer : I know a medical transcriptionist who is 84 and still working at the county hospital . She types like a bandit and knows all the medical terms so the doctors love it when she does their work. She works 2–3 days per week because she wants to – and they pay her.

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?

Description : Can you tell me where you plan to retire?

Last Answer : I plan to retire in my hometown since that's where the family house is. By the time I reach retirement age my uncles will all be dead so the family stronghold will be mine, all mine! There's a good chance ... , and if so I'll sell it to finance repairs on the family house. I got it ALL worked out .

Description : Friend fired just before retirement and committed suicide - Can his wife sue the company?

Last Answer : I’m not positive, but if there was any way for her to prove that he was fired just because he was close to receiving retirement benefits, she may very well have a case against them.

Description : How much yearly income does a single, retired person with no major debts need to live comfortably in CA?

Last Answer : @nmguy; There are too many variables to pull a figure out of a hat. Be more specific about your needs and likes.

Description : Why does any unappropriated money from the national budget go into the Congress retirement fund instead of paying down the national debt?

Last Answer : Sounds bogus to me. Source?

Description : My son-in-law works for a prison when he and my daughter retires can my daughter collect on half of his social security?

Last Answer : Welcome to the collective. I assume you mean if she divorces him? It is helpful if you put some context into the Details section of the question.

Description : How much cash do you think you will need to retire?

Last Answer : You can use this CNN/Money tool to calculate the value for yourself.

Description : How to Prepare for Retirement

Last Answer : How to Prepare for Retirement If you are approaching retirement age, you may be facing one tough question after another. What will I be doing when I retire? How will my savings sustain me for the ... a smooth-sailing retirement period. Start saving now and plan ahead and enjoy the rest of your life.