Questions Under Category: Financial Planning
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I have $1500.00 monthly in a fixed pension.
How much more money do I need to save,or set aside, to give myself inflation adjusted raises?
Assume 3.6% to 4% inflation,
saving interest = inflation rate,
30 years in retirement (withdrawal)
Please give me a formula so I may adjust those variables.
Thank you,
Tim 0 Answer(s). Help Tim by answering this question... |
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My small employer (22 employees) offers a 401k plan. I understand they have until the end of their fiscal year to provide their matching funds to my account; however, I've learned they are also withholding applying the funds taken from each paycheck (pre-tax) that are supposed to go directly into my 401k account each pay period. They have cash-flow problems from time to time and are using $$ that's supposed to already be in my account. Is this legal? They've explained that it is legal; they just have to fill-out some paperwork and then 'repay' it when they can.
However, when someone leaves the firm, they are not 'made whole' with their own funds plus those not yet matched by the firm -- but rather, given what is essentially an 'I owe you' letter that they'll receive them at some point in the future. But what if they cannot??
What are your thoughts?
Thank you.
answer by: bklopnaba, posted on: 15th March 2012 12:11:19 am Ans. Il4LYU , [url=http://dglvyeaxadym.com/]dglvyeaxadym[/url], [link=http://wbzyerufrbbo.com/]wbzyerufrb... answer by: Dick Ludwig, posted on: 21st March 2012 02:03:00 pm Ans. same thing happening to my son, money withheld from his check for 401k contrib not being deposited t... 2 Answer(s). Click on the question to view full answers... |
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What kind of retirement planning tools can one use in order to plan for life after retirement? answer by: Admin, posted on: 27th July 2011 08:25:40 am Ans. There are several retirement planning tools that can be used when getting ready for a life after wor... 1 Answer(s). Click on the question to view full answers... |
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How to get a financial planner certification? What are the criteria and benefits?
answer by: Admin, posted on: 27th July 2011 08:24:39 am Ans. The process of how to get a financial planner certification can involve many points. These relate to... 1 Answer(s). Click on the question to view full answers... |
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How does a retirement planning calculator work? answer by: Admin, posted on: 27th July 2011 08:24:04 am Ans. The way how a retirement planning calculator can work involves the use of a series of calculations t... 1 Answer(s). Click on the question to view full answers... |
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