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Of course not. Not automatically at any rate. When a person retires she/he stops earning a salary and depends on pensions or investments for income. There is no automatic benefit to children. Parents are free but not required to gift some money to children.
What else can I help you with?
What do teachers get when they retire?
money
Does a woman have to retire at 60?
No. Retirement is not an age, but a dollar amount. If you had millions of dollars at age 30, wouldn't you be able to retire? Most people don't have that kind of money, but if you did had that kind of money, you could retire.
What money do you receive when you retire?
When you retire, you may receive money from sources such as a pension, retirement savings accounts like a 401(k) or IRA, and Social Security benefits.
If you had enough money to retire right now would you?
No because physically its not a time to retire, its time to work and learn.
Where is a good place to retire if you have little money?
yes in the coast you can get for little money good foot.
How much money do preschool teachers get paid monthly when they retire?
$800.00
What do football players do when they retire?
Spend their money or invest in clubs or manage a club.
What happens to retierd hockey players?
Im not sure but i think that by then they have enough money to retire.
Do you earn money once you retire from the Marines?
Yes, based on rank and years of service.
When I retire, will I need to use the SEP IRA rollover?
A Sep IRA is a type of retirement account where people can put their money in it to save for retirement. These types of saving accounts have a higher interest rate, but the people can't get their money out until they retire.
How much money can I make if I retire at 62?
The amount of money you can make when you retire at 62 depends on various factors such as your savings, investments, pension, and Social Security benefits. It is recommended to consult with a financial advisor to determine a personalized retirement plan.
What age is a person retired?
People usually retire at age 65. However, you can retire at any age you wish. If you need money or love your job a lot, then you would probably retire around 70. If you have an illness that requires you to stay home or you are rich, you will probably retire around 55.
