June 2006 - Posts
On Wall Street, July 1st, 2006
The two workers were part of a larger group of 32 ExxonMobil chemical
plant and refinery employees. They were blue-collar and financially
unsophisticated, ranging in age from 55 to 67. Some were pipefitters
making
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It's no surprise that reverse mortgages are becoming popular among seniors
US News and World Report, June 13th, 2006
For many of today's retirees, a home can seem like Fort Knox without
the key. Escalating real-estate prices have caused many seniors'
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US News & World Report, June 29th, 2006
For seniors with little cash and lots of value socked away in their home, the
reverse mortgage is rapidly gaining popularity as a way to raise money without
having to move.
From July 2005 through March
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Courier-Post Online, June 28th, 2006
A majority of baby boomers and early retirees believe that flexibility
-- being able to work part time, or a week here and there -- is the
most important quality in determining their "ideal job" in retirement.
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The Union Democrat, June 27th, 2006
Mike King, Orville Millhollin and Roger Francis just can't quit.
The trio of former school administrators were not long into
retirement before heading back to the trenches — filling temporary
vacancies at local
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The Edmonton Sun, June 27th, 2006
Buying peace of mind with long-term care insurance is an illusion
because coverage is expensive and most policies restrict where and how
funds can be used, according to a new study.
Those who are accepted often
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USAToday, June 26th, 2006
If you retire at 65, there's a chance your
retirement will last more than 30 years. And that raises a lot of
questions: What will you do with your time? Will you stay in the same
house? Will you become a Wal-Mart greeter
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Veterans and lawmakers alike dealing with theft of personal information of millions of veterans and active-duty military
The Free Lance-Star, June 25th, 2006
Local veterans wonder what might happen if the laptop containing
information on
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Retirement Nest Egg may need a Different Coddling
The Arizona Republic, June 25th, 2006
With Social Security's future shaky and more companies dropping
pensions, the oft-repeated rules about how much income you'll need in
retirement and when to
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Fallback option will offer more if you're older
The Sun News, June 23rd, 2006
Question: My husband and I hope to retire in 2011 when we
will be 62, and we would like to get a reverse mortgage to help pay for
our retirement. What do you think?
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More alternatives to nursing homes needed, experts say
Statesman Journal, June 23rd, 2006
Senior advocates say that Oregon should maintain alternatives to nursing homes even as Oregonians age.
As
the state prepares for the retirement of the post-World
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Chicago Sun-Times, June 21st, 2006
Retirees Espie and Don Nelson aren't spending their golden years on the golf course.
Most every day you'll
find them strolling around a different sort of greenery -- a 37-acre
prairie along Lily Cache Creek
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Funds help seniors handle expenses
New York Daily News, June 18th, 2006
When Molly Cohen of Belle Harbor, Queens, was about 98, her
niece, Rita Cofsky, took out a reverse mortgage for her. Cofsky knew her aunt
wanted to stay in her home, which
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Florida is no longer the prefered choice as a retirement haven
US News & World Report, June 14th, 2006
Don and Maggie Denton always figured they'd retire in Florida. For
15 years the two business and estate analysts had bounced between
offices
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Will aging boomers pull their money out of the market and cause an asset meltdown on their way to retirement?
CNN Money, June 19th, 2006
Bob Dylan, bard of the baby-boomers, turned 65 a few weeks ago. The
milestone passed without much fanfare,
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A complex market, rife with scandal, masks the benefits of income annuity
Marketwatch.com, June 18th, 2006
Annuities can offer a fine replacement to the fast-disappearing company pension:
Guaranteed monthly income for life.
But annuity
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From new careers to volunteer work, boomers redefine retirement
MSNBC, June 16th, 2006
Baby boomer Catherine Meloy used to run a radio network with more than 1,000
stations, but now she checks out the Goodwill stores she manages in the
Washington,
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Spero News, June 13th, 2006
There
is plenty of buzz about “reverse mortgages” on television, radio
talk-shows, and on the street about this unique financial opportunity
for senior citizens. America’s seniors, who have worked hard over the
years
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NorthJersey.com, June 13th, 2006
Michael Becker knows plenty of his contemporaries plan to enjoy
golf, long strolls on the beach and other pleasures of retirement.
But the owner of Fabulous Mats and More at the Wayne Towne Center is having none of
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Appleton Post-Crescent, June 13th, 2006
I know people who have left good, long-term jobs while in their 50s for
various reasons.
Some were forced out, but some weren't — and I have to say my cautious nature
makes me wonder why they
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US News & World Report, June 19th, 2006 (Early Edition Article)
It's summer in upstate New York, the sun is shining, and
it's time to make hay. Bill Thomas, medical doctor, gentleman farmer, and deep
thinker, heads out to take the year's first
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The New York Times, June 11th, 2006
Think of the economy of the United States as a dinosaur — one of those huge
herbivores whose bulk shook the ground. A brachiosaur. A brontosaur. A
diplodocus. Like them, the U.S. economy is mind-bogglingly enormous
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SFGate.com, June 9th, 2006
"I didn't consider any of the places that smelled of pee," Doe Mecham
explained. "And there were lots of them."
If this sounds like a search for the fixer-upper from hell, think again. Doe
Mecham, longtime
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SFGate.com, June 11th, 2006
They are the new breed of "affordability" mortgages, and home buyers in
high-cost real estate markets can't get enough of them: interest-only and
"payment-option" plans that cut monthly payments sharply in the early
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The Center for Retirement Research at Boston College, June 6th, 2006
Americans weaned on post-war
affluence have come to expect an extended period of leisure at the end of their
work life. And, indeed, the majority of today’s retirees are able to
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Parade Magazine, May 21st, 2006
The average size of a house in the U.S. increased from 1,905 square feet in 1987
to 2,450 in 2005. Still, some home buyers—young families as well as
empty-nesters and retirees—are deciding that bigger isn’t always
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