Personal Finance

Saylor URL: http://www.saylor.org/books Saylor.org Find out about workers’ compensation at http://www.dol.gov/owcp/. What does ...

Saylor URL: http://www.saylor.org/books Saylor.org Chapter 11 Personal Risk Management: Retirement and Estate Planning Introduct ...

Saylor URL: http://www.saylor.org/books Saylor.org LEARNING OBJECTIVES Identify the factors required to estimate savings for re ...

Saylor URL: http://www.saylor.org/books Saylor.org As difficult as these estimations seem, because it is a long time until retir ...

Saylor URL: http://www.saylor.org/books Saylor.org Figure 11.2 "Life Expectancy at Age 65 in the United States, 1970–2005" shows ...

Saylor URL: http://www.saylor.org/books Saylor.org Figure 11.3 Estimating Annual Expenses and Savings Needed at Retirement The a ...

Saylor URL: http://www.saylor.org/books Saylor.org Let’s assume your return on savings is 5 percent. If you want to have $1,590, ...

Saylor URL: http://www.saylor.org/books Saylor.org Estimates must be adjusted because things change. As you progress toward reti ...

Saylor URL: http://www.saylor.org/books Saylor.org [1] The average is calculated over the period from 1913 to 2009. U.S. Bureau ...

Saylor URL: http://www.saylor.org/books Saylor.org establishes a retirement plan for its employees. In addition to (or instead o ...

Saylor URL: http://www.saylor.org/books Saylor.org contribute to the account. The employer may contribute up to a percentage lim ...

Saylor URL: http://www.saylor.org/books Saylor.org We can never insure one hundred percent of the population against one hundred ...

Saylor URL: http://www.saylor.org/books Saylor.org workers increases—that is, there are more retirees collecting benefits relati ...

Saylor URL: http://www.saylor.org/books Saylor.org IRAs are personal investment accounts, and as such may be invested in a wide ...

Saylor URL: http://www.saylor.org/books Saylor.org A rollover is a distribution of cash from one retirement fund to another. Fun ...

Saylor URL: http://www.saylor.org/books Saylor.org A Keogh Plan is another retirement vehicle for small or self-employers. It ca ...

Saylor URL: http://www.saylor.org/books Saylor.org Will your career path lead you to employment through government at the local ...

Saylor URL: http://www.saylor.org/books Saylor.org [10] U.S. Department of the Treasury, Publication 560, Internal Revenue Servi ...

Saylor URL: http://www.saylor.org/books Saylor.org owned assets naming another person as beneficiary; held all assets in a livi ...

Saylor URL: http://www.saylor.org/books Saylor.org Trusts and Gifts A trust is a legal entity created by a trustor, or grantor, ...