Several months ago, I met with a couple approaching retirement within the next five years.
Workers approaching retirement should be saving more, not less, as a result of low rates.
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Baby boomers are approaching retirement age and the number of Americans above age 55 is about to swell.
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But in modern times, most women approaching retirement age are working, and the question becomes who will retire first.
All too often, that cosigner is mom or dad, fast approaching retirement age and with a plethora of their own financial obligations.
In the OECD 35% of the 25- to 34-year-old workforce has completed tertiary education, compared with 20% of the cohort approaching retirement.
Esperance captain Badra, who has played in five Nations Cups, as well as defenders Tarek Thabet and Skander Souayah are all approaching retirement.
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An aggressive Indonesian growth fund may complement perfectly the portfolio of a rich investor in mid-career, but be completely inappropriate for a small-time saver approaching retirement.
The American Institute of Certified Public Accountants surveyed clients approaching retirement age and found that more than one-third has decided to keep working because of the economy.
The document called for the introduction of a 'step-down' scheme for GPs approaching retirement so they leave their post gradually and are able to help alleviate staff shortages.
Pressures on the NHS could grow, he added, because the "baby boomer" generation now approaching retirement expected more from the health service than their parents, who were "incredibly stoic".
Because construction slowed after Chernobyl, many of the world's reactors are now old and approaching retirement -- all but one of the UK's active reactors will be closed down by 2023.
And one of the points he makes is that under President Obama's approach, those approaching retirement -- 55 and over -- would indeed see changes, and under his plan they would not.
Certainly productivity increases have softened the ill effects of this trend, but with some 77 million Baby Boomers at or approaching retirement age, the ratio will drop even more, to an estimated 2.1 workers for each retiree.
Baby boomers are approaching retirement age.
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If one is mindful of the tax rate that they will pay on their investment, and assumes that the rate may be higher when they are approaching retirement age, they may choose a tax-deferred investment vehicle like a Roth IRA fund.
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Gyrating 401(k) and IRA retirement fund balances and the low yields from fixed-income investments also have those approaching retirement or who have just entered it flocking to financial advisers for help in deciding upon how to allocate their portfolios to limit risk.
This is to ensure that pension savers see their pot grow steadily at first as they get used to the idea of having a workplace pension, before bolder investments are made to try to grow the pot, ahead of a cautious approach when approaching retirement.
If I were to ask you which generation of employees is experiencing the most financial hardship, you might think of the Baby Boomers approaching retirement after a decade of weak stock and real estate markets or the Millennials squeezed between poor job prospects and high student loan payments.
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"Many of these customers were approaching or already in retirement, and could not afford to lose their money, " the regulator added.
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