The SPIA insures against longevity risk by converting part of the
nest egg into a guaranteed lifetime income stream.
To insure longevity risk or not: that is the question
This transaction reduces Mark's
nest egg to $796,870, but it cuts the direct withdrawal period in half.
Longevity annuities are an underutilized financial tool
One creative solution would have been to adopt an asset allocation model that divides the money into six investment "buckets." The first bucket would use 28% of the
nest egg to buy a single premium immediate annuity that pays a monthly benefit of $2,300 for five years--a guaranteed income stream that can't be touched by market volatility or unchecked spending.
It's time for a retirement wakeup call
What is the Child Trust FundIt's a long-term savings initiative which aims to provide every child with a
nest egg when they reach 18
Spotlight: Your Child: THE BIG QUESTIONS ANSWERED
But the 57-time capped international said he wasted most of the cash except for a pounds 2 million
nest egg from his signing-on fee when he joined Italian giants Lazio.
Gazza may be a bar-room boss
That they also seek to have these salary increases backdated to 1995, giving them yet another
nest egg of thousands of pounds, is a kick in the teeth for those who entrusted them with their votes.
Letter: Sweet & sour
One of the biggest problems facing unwary investors is stakeholder pensions cannot be accessed until the age of 50, which means that young people hoping to cash in their parental
nest egg face a long wait.
Personal Finance: Stakeholder plans inflexible for children
Giving money to charity can be a highly effective way to accumulate a larger tax-sheltered
nest egg for a more prosperous retirement and help you transfer more of your assets to your children and other heirs.
Giving it all away
Legal eagles have thwarted animal lover Joyce Sharland's dying wish - to leave her pounds 10,000
nest egg to her pet cockatiel Bobby.
Legal eagles make Bobby a sick parrot
While executive pay has fueled a fire of controversy for over a decade, considerably less attention has been paid to the growing
nest egg executives will receive upon retirement.
Executives should earn their retirement income
These different investment vehicles place them well on the road to building the type of
nest egg necessary for them to retire wealthy.
Retirement planning begins now
Ian Linley, sales and marketing director for Fairclough Homes, said: "As all the eggs will be donated to a local hospital, this is a great chance for homebuyers to help a good cause while also ensuring their
nest egg goes that little bit further as they move into their new home."
Help your nest egg go a little further; AD FEATURE
Why not spend the money on something useful like health services or education instead of giving prisoners a
nest egg to use when they are released?
Your view: Sloppy idea
The group also reported a rise in the number of people in their 20s saving, with 40 per cent of people claiming they had a
nest egg of more than pounds 1,000, while average savings for the age group were pounds 3,787.
Britons are tending to nest eggs
And freeing up the market could lead to more people losing their retirement
nest egg, the Pension Ombudsman warned.
Complaints on pensions skyrocket