April 2007 - Posts
Minneapolis Star-Tribune, April 28th, 2007Ten years ago, my dad brought together my two older brothers, my older
sister and me for a family meeting. Dad had recently placed Mom into
the Alzheimer's unit in a nursing home after wrenching years of
forgetfulness,
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MSN Money, April 26th, 2007Bank of America Corp. has agreed to buy the reverse-mortgage
business of Seattle Mortgage Co., a subsidiary of Seattle Financial
Group Inc.Seattle Mortgage markets its reverse mortgages under the name Reverse Mortgage of America.Charlotte-based
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The Washington Post, April 25th, 2007The results of the annual Social Security and Medicare Trustees report released this week are not good.The government's will is once again bigger than its wallet.
The report shows an unfunded liability in Social
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Dallas Morning News, April 24th, 2007 Chris
Richmeier lives for tomorrow – August, to be exact. That's when his
Medicare coverage will begin and his struggles paying for medical care
will end. Mr. Richmeier, who's 44 and lives in Denton,
suffered
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Health more important than money, says guruEdmonton Sun, April 18th, 2007 Half the room went red-faced.
The
question the financial guru posed at a ScotiaMcLeod retirement
symposium, was this: "True or false ... sexual activity naturally
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Editor's note: Consider this one of the many possibilities for the use of the money from a reverse mortgage.E-Wire, April 18th, 2007By using reverse mortgages for investing in solar
and other alternative energy we could rapidly transition away
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Yahoo News, April 18th, 2007Firefighters, the clergy and others with professional jobs that involve
helping or serving people are more satisfied with their work and
overall are happier than those in other professions, according to
results from a national
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Editor's note: It is the generally the position of NewRetirement.com that early retirement is very frequently not in the best interests of a potential retiree. However for those who are interested in the possibilities of retiring before they
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Financial Planning.com, April 13th, 2007Forget spending retirement in a rocking chair on the front porch.
Affluent Baby Boomers approaching retirement are more likely to be
traveling the world than watching it go by, according to a recent
report
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The Washington Post, April 12th, 2007The nation's corporate pension funds had a healthy 2006, buoyed by
stronger-than-anticipated returns from the stock market and
slower-than-anticipated growth in expected payments to retirees.That's
the conclusion
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South Florida Sun-Sentinel, April 8th, 2007South Florida is one of the hottest
markets in the nation for reverse mortgages. And yet, these types of loans --
which allow people age 62 and older to get payouts on the equity in their homes
-- are more
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St. Louis Post-Dispatch, April 8th, 2007If you've been paying attention in the last quarter century, you've
noticed a gradual shift in responsibility for who's going to pay for
your retirement. The message becomes more clear with each new piece of
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The Washington Post, April 8th, 2007In areas like metropolitan Washington, where real estate values have soared
dramatically during the past decade, buying that house 20 or 30 years ago often
seems like the smartest investment you ever made.
But
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