Stephen Fitzgerald retired three years ago and expects his 62- year-old wife Linda will follow suit later this year. The couple are concerned about whether their retirement income will cover their outgoings once Linda stops work.Prosser, David...
Figuring out what to do with your company pension when you retire can be a bit more complicated than making a plan for your employer-sponsored 401(k) plan. With a company or government pension plan, your choices can range from many to none. "Every pension plan is a little bit ...
But I can’t ignore my own heart.” Fritz sat immobile on the edge of the bed. Her note was in his hand; her words were burning in his brain. Maybe an hour later, the phone rang. He picked it up on the fifth ring. It was Bob, wondering if Fritz was going to play poker ...
When I retire, I’ll get a pension and I’m also investing in my 403(b) in a way that would give me the option to retire at 65, but I really don’t think I’ll retire at that age. After taxes and retirement contributions, I’m spending about half of my net income on my chil...
It is another person who reads the news my job is only to write and edit. Never had intentions to go and live in the USA. Have been there four times and it is beautiful but [translate] aNext year I can retire without full pension. For this you have to wait until you are 65 for...
If you're self-employed, you might be too busy chasing the next gig to think about saving for retirement. Maybe you don't think you can retire at all. I can relate. But there are plenty of ways to save for retirement outside of traditional jobs. Whether you plan on taking full ...
like her boyfriend had suggested, she would not have been able to qualify for 50 percent of Fritz's pension. She hoped that he would find it in his heart to forgive her. She felt terrible about this, she wrote, because "you've been so good to me. But I can't ignore my own heart...
She felt terrible about this, she wrote, because "you've been so good to me. But I can't ignore my own heart." Fritz sat immobile on the edge of the bed. Her note was in his hand; her words were burning in his brain.Maybe an hour later, the phone rang. He picked it up on...
A locked-in retirement account (LIRA) is a type of account in Canada that holds funds for you or your beneficiary, typically after they've been transferred from apension plan. The funds are "locked in": they can't be cashed out unless you retire (the earliest age to do...
In most situations, if you are offered a more standard buyout and are already looking to change careers or retire, then it can be a good option and “soft landing,” says Jay Zigmont, certified financial planner at Childfree Wealth. But each offer needs to be evaluated on its own merits...