Spending Phase

Spending Phase

The time of one's life during retirement. The spending phase is the period during which one accepts payments from an annuity, pension, or a similar fund. Income almost always declines during the spending phase (unless one has a particularly fantastic pension), but expenses are usually less as well. For this reason, some companies market luxury products, such as cruises or vacations, to persons in the spending phase; they have few other items on which to spend their money.
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The spending phase is when earned income (such as wages) ends and investment income is needed from accumulated retirement and non-retirement funds to meet living expenses.
However, the time horizon shortens over this period to arrive at the spending phase. During this phase, the client typically can tolerate moderate to higher risk in order to achieve higher returns.
Many US aid-funded reconstruction projects entered their "spending phase" earlier this year, when allocated funds started turning into "cheques going out the door", US officials say.
Now that the company's partner in Donlin Creek--Placer Dome--has taken over operatorship and that giant-sized project's next spending phase, NovaGold can focus on its new goal of becoming a major gold producer in Alaska.
I've always tried to console myself by feeling my accumulation of debt demonstrates a certain flair, at least while the spending phase is in motion.
I was already in a pull back from spending phase and will continue this."
Unfortunately, experts nearly universally agree that the spending phase of retirement planning is much more subtle and potentially difficult to control than the relatively straightforward effort of accumulation.
is term it has been a dierent story with both teams spending phase two in the bottom six.
I explain it to my clients this way: "Your growing phase is ending, and you are now embarking on your spending phase." The spending phase is where we are subject to the most risk because too many variables are unknown.
Minco will initially make a firm commitment to earn a 10% interest in CMC by spending phase one expenditures of $1.250 million by drilling an inferred resource on the Plymouth deposit within 12 months.
The spending phase announced comes on the heels of a forecast presented by the Washington-based Institute of International Finance (IIF) that the country's real GDP will grow by 13.9 per cent this year and 10.2 per cent in 2011.
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