Questions tagged [retirement-plan]
This tag should be used for any questions related to schemes for retirement or post-retirement planning or saving. A country specific tag should also be used if the question pertains to specific geography. There are some tags specific for certain retirement plans like 401k, roth-401k, rrsp that can also be used.
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Is it possible to retire investing $20,000 a year for 43 years? [closed]
If I put $20,000 a year in a retirement fund for 43 years, is it possible to reach $1,000,000 in 43 years?and if so, what retirement funds are good to invest? And I am talking about a retirement fund ...
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How much should you put in a 401k plan?
I am making ~$145,000 per year and was wondering if it is wise to contribute 12% pre-tax to my 401k? Is this too much? Is there any disadvantage in contributing nothing? I am already well off (come ...
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Excess contribution to 403b
We had 39000 taken out from our payroll last year and put into the company 403b plan. Now we realize that this is more than the 25000 allowed. (19000 + 6000 over 50 years old) How can we handle ...
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Do employers receive any financial benefit from offering a RRSP/401K matching program? [duplicate]
I understand that companies that offer RRSP matching programs may be more attractive to work for/have better employee retention, and the employers may get warm fuzzies from offering it to their ...
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Is employee's 401(k) contribution still a tax deduction for employer through "wages paid"?
Small business owners can claim wages paid to employees as tax deduction. If one of his employees would elect to contribute $15K of his salary into 401(k) account then would the employer still be able ...
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Why are Vanguard's 2050 and beyond target retirement date funds badly underperforming the S&P?
At work, we're in the process from switching from an IRA to a 401(k) and I've been looking at the different fund options.
What struck me as very strange was how poorly the Vanguard Target Retirement ...
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Can you retire when owning 3 or 4 houses, and what if you still have to pay mortgage on some of them?
I did some calculations before, and found out if a person own 3 or 4 houses, townhouses, or condos, then the person can probably retire.
That's including living in one house, and getting rent from 2 ...
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Can one take retirement benefits from both Europe and the US?
Person A, a German citizen who currently holds a US green card and lives in the US, worked earlier in their life in three different European countries, contributing to various government-sponsored ...
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Is an online "savings withdrawal" calculator a reasonable model for retirement investment draw downs?
I want to calculate a two-phase retirement, with Phase I being the period prior to filing for Social Security retirement benefits, and Phase II being the post-filing period.
Is it reasonable to use ...
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Do post-retirement earnings affect the amount of the benefit?
Suppose Person A, who does not have a full 35 years of earnings, and was not a high earner, files for retirement benefits at age 62. The benefits will be rather small.
What if Person A starts ...
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Are the low earning spouse's earnings basically irrelevant for Social Security retirement benefit purposes?
Spouse A is in their mid-sixties and was the lower earner by far. Spouse B is five years younger and had a very good salary, but only from the past twenty years. (The previous years' income was zero.) ...
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Can EPF be withdrawn at this time?
I am considering to withdraw my EPF account, will the return amount be lower if removed now, than waiting for the future as my current situation is bad , as i am leaving my organisation.
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I plan to cash out my entire 401k within 2 years, should I maximize my contributions or should I minimize them and invest in money market/index funds?
I have a serious medical issue that makes collecting my 401k benefit a near impossibility. I have about 20k saved up in my 401k and we’ll call it $60k in the market mostly in index funds/ETFs. I ...
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Estimating nest egg and inflation
First a couple paragraphs for me to lay out my understanding and then my actual question.
It is often reported that one can estimate how much they need for retirement by taking their current expenses ...
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Retirement Plan Returns Formula
My income after tax is $48,060 and I'm contributing 6% of my income into my retirement account.
My estimated income increase is 2.6% per year, which I hope to include in my retirement account.
The ...
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