January 2007 - Posts
San Diego Union-Tribune, January 18th, 2006A lot of people envision retirement as an abrupt change from work to
play, but a new study by The Vanguard Group has found that it's more
likely to take the form of a gradual transition from a full-time job
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Napa Valley Register, January 22nd, 2006When you determine your retirement
income needs, you make your projections based on the type of lifestyle
you plan to have and the desired timing of your retirement.However,
you may find that reality is not in
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US News and World Report, January 22nd, 2006The problems with Social Security are not going away. That was the message Federal Reserve Chairman Ben Bernanke delivered
in his testimony this week to the Senate Budget Committee. He points to
a possible
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MSNBC, January 22nd, 2006Hank Paulson's attempt to persuade Democratic
members of Congress to agree to launch a bipartisan initiative to
reform Social Security is fast approaching crunch time.
People
close to the highly sensitive discussions
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Detroit Free Press, January 21st, 2006
Dear Bob: For the last six years, I have lived in my mother's house to take care of her, as she is very senile.
I have been making the mortgage payments and paying the property taxes.
However, when I had my income
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New Orleans Times-Picayune, January 20th, 2006With another congressman sentenced to prison
Friday, the House appears poised to pass legislation that
would strip lawmaker-felons of their congressional pensions.
The Senate already passed a bill dubbed
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The Motley Fool, January 18th, 2006If you sometimes feel your rational brain and your irrational brain
fighting with each other inside your head, you're probably not alone.
In fact, there's an entire branch of economics, known as behavioral
economics,
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The Motley Fool, January 19th, 2006Many economists study the rational man, the
person we would all be if we saved exactly enough money for retirement,
tracked every penny of spending, ate our leafy green vegetables, and
flossed every day.
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KSBI-TV, January 18th, 2006As America's oldest
baby boomers start counting down to retirement, a new government survey
shows they are on the upswing in terms of financial savvy -- nearly
twice as likely as today's seniors to bank and pay bills online.
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Reuters, January 16th, 2006The U.S. House of Representatives voted Tuesday to waive a cap on
the number of reverse mortgages that a federal housing agency may
insure for older Americans who want to turn their home equity into cash.The
Federal Housing
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Media Wire, January 9th, 2006Reverse mortgages, also called Home Equity Conversion Mortgages, have
gained popularity over the last few years, and as a result, have gained
more media attention. Valerie VanBooven RN, BSN, PGCM, long-term care
and reverse
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MSNBC, January 10th, 2006As someone born in late 1945, I say this to the 76 million or so subsequent baby
boomers and particularly to Bill Clinton and George W. Bush, our generation's
leading politicians: shame on us. We are trying to rob our children
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Government Executive Magazine, January 10th, 2006A nonprofit advocacy group dedicated to encouraging young people to
join the federal government has turned its eye toward the baby boom
generation.
The Partnership for Public Service announced
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Pioneer Press, January 10th, 2006When then-73-year-old Leo Stulen was contemplating using his life
savings to buy a deferred annuity policy from Allianz Life Insurance
Co. of North America in 2001, he asked his agent what would happen if
he needed
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Chicago Tribune, January 8th, 2006 Amid last fall's celebrated rally for common stocks,
two uniquely uncommon securities began trading without fanfare on the
American Stock Exchange. Simply put, the securities permit you to place money on the direction
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Hartford Courant, January 7th, 2006Q. I would like to retire in 2008, when I turn 62. At that time I will
be eligible to collect most of my pension of about $47,000 a year, will
be eligible for Social Security, and my husband receives about $20,000
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The New York Times, January 2nd, 2006James Smith, a health economist at the RAND Corporation, has heard a
variety of hypotheses about what it takes to live a long life — money,
lack of stress, a loving family, lots of friends. But he has been a
skeptic.
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