"income" in inglés with examples - Collocation dictionary inglés
- But if he turned 65 in 2003, his 401(k) savings would only buy an annuity rich enough to replace 57 percent of his pre-retirement income.
- For ease of calculations, let's assume a pre-retirement income of $100,000.
- The average worker - average pay now is $37,000 - retiring in 2075 would face a cut equal to 10 percent of pre-retirement income.
- Someone earning the equivalent of $1 million today would see benefit cuts equal to only 1 percent of pre-retirement income.
- Statistically, you need about 75 percent of your pre-retirement income to maintain the same life style you are accustomed to.
- To replace 80 percent of pre-retirement income, as financial advisers recommend, workers will therefore need much more in the piggy bank.
- Compliance eroded and with it, the real value of pensions which, by 1987, had fallen to 25% of pre-retirement income.
- About half of people queried in retirement confidence surveys think they'll need less than 70% of their pre-retirement income.
- In other words, your pension benefits will be significantly lower than the acceptable standard of 70 per cent of pre-retirement income.
- Experts advise that you will need about 80% of your pre-retirement income in your retirement years.
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