Some of the advantages of retirement are: More time to enjoy family and hobbies Those who retire early will get an early start on all of those fun things that others will have to wait a few more years to enjoy‚ such as indulging in a favorite hobby‚ traveling‚ doing volunteer work and spending time with family and friends. The freedom to start a new career Not everyone wants to stop working when they retire some might choose to keeping working. Using there past experience some may start their
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people retire early? For some‚ early retirement is not an option: poor-health or workplace downsizing can force people out of the workforce. People who are in poor health‚ stressed‚ or burned out also opt for early retirement. However‚ others are offered attractive retirement packages or have saved for retirement. I personally believe that the decision of whether or not to retire early‚ one has to consider it carefully‚ and planning for an early retirement is a must. An analysis of data gathered
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Examine the impact of UK retirement migration to the Mediterranean on source and host regions. (15m) Jan 2010 The ageing population from the UK are migrating in considerable numbers to the Mediterranean. An example of this is Spain; this has both positive and negative impacts on the source and host nations. The source nation is the place from which migrants came‚ and the host nation is the place where the migrants are accepted into. There are a number of positives for the source country. There
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Social Security is Not a Retirement Plan Kellyne Bode COM/156 August 1st‚ 2010 Tara Rodriguez Axia College of University of Phoenix Social Security is Not a Retirement Plan If you plan on retiring when you are 65‚ make sure you are ready. Planning for retirement is very important and the earlier you start‚ the more stable you will be when the time comes. You may believe Social Security will be enough to cover your needs when you retire but given the certain circumstances regarding Social
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really going to miss you when you retire this year. You’ll certainly live the good life because you’ll receive the maximum retirement benefits. If I can be of any assistance to you in developing the paperwork for your retirement‚ please let me know.” “Gee‚ LaConya‚” said Les. “I really appreciate the good words‚ but I’ve never felt better in my life‚ and although our retirement plan is excellent‚ I figure that I have at least five more good years. There are many other things I would like to do for
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COM/156 March 20‚ 2011 Instructor Karen Lawler The Social Security Retirement Issue Millions of Americans are concerned about whether or not their years of hard work and contributions into the Social Security fund will be in vain. Social Security was initially established in 1935 as a social insurance effort by the United States Government. (Social Security‚”2010) This effort is funded by contributions from payroll taxes matched by employers known as the Federal Insurance Contributions
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LIFE IN RETIREMENT A PAPER PRESENTED BY GBOLAHAN I. OYEGOKE (PRINCE) B. Sc. (Ed.)Econs.‚ MBA (Mktng.) ABR‚ ACTI‚ ACA HEAD OF PRACTICE Gbolahan Oyegoke & Co Chartered Accountants AT THE POST RETIREMENT SEMINAR ORGANISED BY T. A. AMUSSAH & SONS LIMITED (CONTRACTOR TO CHEVRON NIGERIA LIMITED) DECEMBER 6‚ 2006 PREAMBLE Retirement simply refers to the fact of stopping work because you have reached particular age or set criteria. Such criteria may be health‚ performance at work‚ conduct‚ options
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Case Study 1 Funding Jill Moran’s Retirement Annuity Sunrise Industries wishes to accumulate funds to provide a retirement annuity for its vice president of research‚ Jill Moran. Ms. Moran‚ by contract‚ will retire at the end of exactly 12 years. Upon retirement‚ she is entitled to receive an annual end-of-year payment of $42‚000 for exactly 20 years. If she dies prior to the end of the 20-year period‚ the annual payments will pass to her heirs. During the 12-year “accumulation period‚” Sunrise
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University of Phoenix Material Retirement Planning Worksheet Step 1: Estimate your retirement income at: http://www.bankrate.com/calculators/retirement/retirement-plan-income-calculator.aspx You will be asked to answer six questions. If you are unsure of what the fields are‚ the definitions are below on the same page. There are some assumptions about how much your investments will earn‚ inflation rates‚ and tax rate; you can edit these to see how they impact the calculation. Based on your
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RETIREMENT SPEECH – for August 29‚ 2011 In 2005‚ I put in my notice of retirement to occur on March 31‚ 2010 and those five years flew by much to my surprise and as the time of retirement drew near I felt that I was not ready for that big step. So as any government employee would do‚ I requested and was promptly granted a one year extension which was in turn extended for another six months‚ and then another month. The time has actually arrived and I go with mixed feelings. Many plans that I had
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