The pros: Funds provide easy diversification without requiring extra paperwork come tax time, even in retirement accounts.
In addition, even if your income is the same in retirement, you may end up paying a lower tax rate when you take your money out.
More than half of us won't have enough money to maintain our living standards in retirement even if we work to age 65, about two years past the average retirement age, according to various estimates.
That means having an allocation of stocks in your portfolio even during retirement.
But even in this case, delaying retirement benefit receipt through age 70 has a payoff, namely potentially providing your current and former spouses with much higher survivor benefits.
With Mr Breuer no longer in full control of Mr Mitchell and his cohorts, he may even be forced out before his planned retirement in 2002.
This should come as no surprise because Wall Street solutions to retirement problems, even in the corporate and 401(k) marketplace, have always involved greater fees to Wall Street.
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The same number admitted to not really even knowing the cost of living in retirement with any sense of accuracy, having not attempted to add up the eventual costs.
Most of the players in question, like Mike Stanton, Rondell White and even Roger Clemens, are older veterans closing in on retirement.
Among families younger than 35, just 39.8% owned equities even indirectly in 2010, down from 49.1% in 2001, even though 42.1% of all young families owned retirement accounts in 2010.
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Imagine then how workers accumulating hundreds of thousands or even millions in their own personal accounts by retirement would transform society.
Decaying generator tubes helped push San Onofre's Unit 1 reactor into retirement in 1992, even though it was designed to run until 2004.
That said, managing assets in retirement is a daunting task for even the most financially savvy.
Even states and municipalities are joining corporations in funding their retirement systems.
Both seem to have abandoned any expectation of providing for all, or even a substantial portion, of their financial needs in retirement through accumulated savings.
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Milberg, whose Erisa Expertise LLC sells software that compares Roth with non-Roth outcomes, says that Charles could easily wind up better off with Roth even if his tax bracket goes down a bit in retirement.
The unwavering defender of human dignity, who has spared no effort to advance peace and reconciliation and to eradicate injustice and violence, in particular in relation to children and women, Archbishop Desmond Tutu has spent his life in the service of humanity - even after his retirement from public life.
The Center says that 53% of American workers 30 and over are on a savings path that implies a cut in standard of living in retirement (compared to 38% in 2001 and 30% in 1989), even if they work to age 65, which is two years later than the average American works.
France's pension rights are among the most generous in Europe, with retirement at 60 (even earlier for certain jobs).
In Japan, where pensions are Spartan and lots of people are still working in their later 60s and even 70s, big companies like Hitachi have found ways of re-employing staff after retirement but in a different capacity and, significantly, at lower pay.
There were employees who would, in essence, retire in place five or even sometimes 10 years before their official retirement age.
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The only real question now is whether his performance at the UMNO assembly will prompt a timely retirement or persuade him to stay in power even longer.
Politically powerful government unions play a major role in keeping state and local pension systems expensive, but legislators often have an even greater interest in the current system their own generous retirement packages.
When Admiral Allen was here last week we talked about some of the commitments that he had last week in his retirement from the Coast Guard as he even -- as he remains the National Incident Commander.
And even in America, where the effect will be less marked, the retirement of the baby-boomers (which has just started) means that companies will lose large numbers of experienced workers over a short period.
The doctors could even elect to volunteer now and defer payment until they needed extra income in retirement.
In a knowledge economy, we need to readjust what retirement even means.
In addition, consider the possibility that a lower income in retirement could still put you into a lower tax bracket even though the rates are higher.
Even if you turn around and invest those funds in an IRA or other retirement plan outside of the window, it is considered a regular contribution and not a rollover.
Over the past two decades, both household and national savings rates have declined sharply in the rich world, even as lengthening lifespans have added new risks to retirement (see chart).
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