A way of receiving income whereby an alternate source of income is attained in addition to or instead of the individual's regular income source. Often sought when injury or disability hampers ability of an individual to work a regular job.
Related information about income replacement:
- What is Income Replacement?
Income replacement is a simple concept to understand. Through the miracle of life insurance a beneficiary invests the death benefit of the policy and lives off the ...
- Fidelity Income Replacement Funds -- Mutual Funds
Income replacement funds can help you turn a lump sum investment into income in retirement.
- What is income replacement ratio? definition and meaning
Definition of income replacement ratio: The percentage of working income that an individual needs to maintain the same standard of living in retirement; usually ...
- Measuring Retirement Income Adequacy: Calculating Realistic ...
Measuring Retirement Income Adequacy: Calculating Realistic Income Replacement Rates. September 2006. EBRI Issue Brief #297. Paperback, 36 pp.
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Fidelity has fourteen funds that are designed to provide monthly income by paying out principal and earnings over a set amount of time, functioning much like an ...
- Income Replacement Ratios in the Health and Retirement Study
This article describes the income replacement ratio as a measure of retirement income adequacy and identifies several issues analysts must consider when ...
- Fidelity Income Replacement 2042 Fund (FARFX) | US News Best ...
See Fidelity Income Replacement 2042 Fund (FARFX) mutual fund ratings from all the top fund analysts in one place. See Fidelity Income Replacement 2042 ...
- Retirement Income - Replacement Ratios - My Financial Awareness ...
Retirement Income - Replacement Ratios. Many financial advisors suggest that you need at least 70% of your pre-retirement income in retirement. This is based ...