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  2. I'm a Senior. How Can I Increase My Retirement Income? - AOL

    www.aol.com/seniors-using-plan-retirement-income...

    The fund will pay 6% income from the target-date balance high mark, and if a participant’s account balance runs out before the end of his or her life, the product includes a guaranteed 4.5% ...

  3. Mortgages for seniors: Getting a home loan in retirement - AOL

    www.aol.com/finance/mortgages-seniors-getting...

    DTI ratio. Calculate your DTI ratio using this formula: DTI = Monthly debt payments (including mortgage or rent) / monthly gross income x 100. Some lenders allow a DTI ratio as high as 50 percent ...

  4. 401(k) withdrawal rules: What to know before cashing out ...

    www.aol.com/finance/what-are-401k-withdrawal...

    The minimum withdrawal age for a traditional 401 (k) is technically 59½. That’s the age that unlocks penalty-free withdrawals. You can withdraw money from your 401 (k) before 59½, but it’s ...

  5. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    401 (k) In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer.

  6. How to Create Your Own Retirement Income Plan - AOL

    www.aol.com/create-own-retirement-income-plan...

    The post How to Create Your Own Retirement Income Plan appeared first on SmartReads by SmartAsset. One of the most overlooked aspects of retirement planning is that there are two steps to this ...

  7. Continuing care retirement communities in the United States

    en.wikipedia.org/wiki/Continuing_care_retirement...

    A continuing care retirement community ( CCRC ), [1] [2] sometimes known as a life plan community, is a type of retirement community in the U.S. where a continuum of aging care needs—from independent living, assisted living, and skilled nursing care—can all be met within the community. [3] These various levels of shelter and care may be ...

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