NewRetirement Retirement News Digest : February 2006 - Posts
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NewRetirement Retirement News Digest

Browse the news below to learn about important developments shaping retirement.

February 2006 - Posts

Debt and Denial
Ocala.com, February 18th, 2006 Last year America spent 57 percent more than it earned on world markets. That is, our imports were 57 percent larger than our exports. How did we manage to live so far beyond our means? By running up debts to Japan, Read More
Company Town Relies on G.M. Long After Plants Have Closed
The New York Times, February 20th, 2006 ANDERSON, Ind., Feb. 16 — General Motors once had so many plants here that it had to stagger their schedules so that the streets would not be clogged with traffic when the workday ended. At the city's peak, Read More
Mortgage rates drift very slightly higher this week
Frediemac.com, February 9th, 2006 Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market SurveySM (PMMSSM) in which the 30-year fixed-rate mortgage (FRM) averaged 6.24 percent, with an average 0.6 point, for the week ending Read More
Online lenders quick, convenient, but human touch is still important
SFGate.com, February 12th, 2006 When it comes to shopping for a home mortgage, many people are letting the mouse do the walking, just as they do for books, music and other products. Consequently, most brick-and-mortar lenders now have Read More
HUD Web site offers plethora of properties
SFGate.com, February 12th, 2006 Whether you're a first-time home buyer, an investor, vacation property buyer, historic preservation buff -- or even if you are looking for a boat to convert into a live-aboard residence -- you are not shopping the Read More
(Comments Off) * Article Posted on Friday, February 17, 2006 10:54 PM
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How to find a place to retire
Bankrate.com, October 20th, 2005 Millions of people retire every year, and they have to live somewhere. The question for many is: Where? Retirees have a lot of options. They can stay in the current home, move to a more-suitable dwelling nearby, Read More
(Comments Off) * Article Posted on Friday, February 17, 2006 10:52 PM
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National Perspectives
As the Population Ages, Brokers Discover A New Specialty The New York Times, June 19th, 2005 WENDY FURTH, a veteran broker from Southern California, had probably assisted hundreds of clients with real estate transactions over the years. But when Read More
Aging at Home
For a lucky few, a wish come true. The New York Times, February 9th, 2006 ALONE in his row house on Beacon Hill, with four precipitous flights of stairs and icy cobblestones outside the front door, John Sears, 75, still managed to look after himself Read More
When is Savings Bond Interest Tax Free?
The Kansas City Star, January 15th, 2006 Q. In 1990 and 1991, as a grandparent, I bought Series EE U.S. savings bonds in the father's name with his daughter as beneficiary. The program intent was that the paid-up bond would be used for tuition with Read More
America's Pension Time Bomb
Workers, employers, taxpayers, governments. Meet the key players in the coming battle. CNN, January 13th, 2006 NEW YORK (FORTUNE) - Some of the nastiest conflicts in America's future have recently begun to reveal themselves. Let's call them, broadly, Read More
Good Ridance to Pensions
Corporate pensions are an unstable, unfair and economically perverse means of paying for retirement. CNN, January 12th, 2006 NEW YORK (FORTUNE) - It really is over for the corporate pension. Now that IBM has opted out, telling employees last week Read More
Reverse Mortgages Growing
Popularity of program fuels calls for lifting borrowing caps Indystar, December 3rd, 2005 Juanita and Joe Sanders, St. Louis, were trying to figure out how to pay for a new roof two years ago when their son came up with a suggestion: a reverse Read More
Pension Battle May Entangle Mogul's Home
New York Times, February 3rd, 2006 Ira L. Rennert's colossal house in the Hamptons, built with the riches from his sprawling industrial empire, has withstood lawsuits from angry neighbors, appeals to the local zoning board, even an attempted documentary Read More
HUD lifts cap on senior-citizen reverse mortgages
Lawmakers now focusing on amount of cash that can be pulled from homes Inman Consumer News, February 1st, 2006 Federal legislators are divided on numerous topics in the nation's capitol, but expanding the possibilities for senior citizens to live Read More
How to Retire on Less
CBS, February 3rd, 2006 Only a few years ago during the booming economy, many Americans were asking themselves when will they retire, not can they afford to retire. With many retirement investments worth a fraction of their previous values, Read More
A Plan for One
The unique needs and vulnerabilities of unmarried clients demand special sensitivity-and an early start on later-life planning. Forbes, January 1st, 2006 The overwhelming majority of practitioners and the people we serve are legally married. Read More
Is a Roth 401(k) Right for You at 50?
Forbes, January 30th, 2006 Now that their youngest has graduated from college, Wisconsin residents Cynthia and Charles Catchup can afford to stuff their retirement accounts. Charles earns $180,000 as a manager at a restaurant chain. Because of a Read More
Raising Money with Reverse Mortgages
CBS, February 2nd, 2006 Many seniors have lots of equity in their homes but a limited cash flow to provide for their golden years. That's why some are turning to reverse mortgages, where banks pay you to live in your own home. But the Read More
Is Your Nest Your Nest Egg?
Real estate can do a lot more than provide a roof and place to plug in the TV. Here are six ways to make sure your house is paying off -- now, and in retirement. The Motley Fool, February 2nd, 2006 Are you living in your bank? A lot of Americans Read More
(Comments Off) * Article Posted on Friday, February 03, 2006 10:42 PM
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