The average retirement for engineers is about 60 years. In the United States, it was initially 57 but that was reviewed upwards to 61 years.
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On average they are as good or as bad as the general public.
The average mechanical engineer earns about $66,000 per year.
Mechanical Engineers are typically provided with medical, dental, and vision coverage through their employer. Starting engineers at a company are usually compensated with 2 weeks paid vacation at most companies, and that time builds the longer you work for a company. Most employers also have a modest 401k plan or other similar retirement accounts.
The principal duties of a mining and geologic engineer is to locate, extract, and make minerals, coal, and metals ready for industrial use. Mining and geological engineers are the brain behind the effective and safe operation of mines; they design underground mines and the tunnels, mineshafts, and means of transportation involved in their operation. In recent times these engineers have become more involved in environmental concerns such as land reclamation. Mining and geological engineers can be broken down into three major categories: the mining engineers involved in coal production, those that specialize in mineral extraction, and the engineers that locate and extract metal ore deposits. Mining engineers involved in coal production are best known for the design of the mines used for extraction. However, these engineers are also involved in the design and oversight of machines used to ready the coal for industrial use. Engineers that focus on extraction of minerals focus on the discovery and extraction of a wide range of minerals. Engineers in this area often specialize in one mineral, such as quartz or phosphate. Mining engineers that focus on the discovery and extraction of metals often focus on the location and extraction of one metal, such as gold or silver. The minimum requirements to become a Mining and geologic engineer are to earn a bachelor’s degree in Mining and geologic engineering; however, it is very possible to cross over from another engineering specialty such as chemical or mechanical engineering. Students who would like to work in this field are encouraged to seek out internships that will provide valuable workplace experience. The employment opportunities in mining and geologic engineering are expected to grow faster than average. This will provide excellent opportunities for potential engineers in the field due to the fact that many current mining and geologic engineers are currently reaching the age of retirement. Mining and geologic engineers are some of the best paid engineers; starting salaries for a mining and geologic engineer are typically around $60,000 to $65,000, one of the highest for any bachelor’s level program. On average, workers in the field earn from $72,000 to $77,000.
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The average retirement savings in the US is $210,000. Men have an average of $235,000 and women only have $150,000 saved for retirement.
The average income in Georgia for aerospace engineers is about $105,000. This will vary depending on their level of experience on where they work.
According to Ehow.com the average retirement income for retirees in the US is $29000 per year which is based on the retirement age of 65. I hope this helps answer your question.
In 2007, it average around $51,000
An average of $80,000.
Planning and research for retirement and average retirement income decisions can be a tough one but what you should realize is that a number of institutions will fight for you to chose them over others.
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189,000
25,000
50000
There are many different factors which influence when a elderly person moves into a retirement community. However, the average age for one to move into retirement communities is about 81 years old.