May 2007 - Posts
Journal & Courier Online, May 30th, 2007We have just honored our military service members
on Memorial Day. Social Security announced on May 25 that it will
expedite payment of survivors and disability applications for our
military service members
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Monsters & Critics.com, May 30th, 2007The age U.S. workers choose to retire is rising, after falling for more than 100 years, U.S. government statistics show.
In the mid-1980s, 18 percent of people in their late 60s still had
jobs, the U.S. Bureau
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Cincinnati Post, May 29th, 2007DEAR BRUCE: I have a 30-year adjustable with a
24-month fixed rate. Then it will go according to the adjustable rate.
I have been in this home since November, and I have no equity yet. What
type of loan or line of equity
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Seniorscopie.com, May 28th, 2007The nation's corporate pension funds had a healthy
2006, doped by stronger-than-anticipated returns from the stock market
and slower-than-anticipated growth in expected payments to retirees.The
Milliman consulting firm
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Marketwatch.com, May 27th, 2007Workers now understand that their retirement
outlook has grown more dire as employers increasingly move away from
traditional pensions, but a significant portion of those workers aren't
doing much to improve their retirement
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The New York Times, May 26th, 2007Government regulators said yesterday that Medicare, the federal
insurance program, planned to deny coverage for artificial disks
implanted in the lower spines of older patients. The
preliminary decision, which
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BestSyndication.com, May 24th, 2007Reverse mortgage, as the name suggests enables you receive money
against equity on your home. It allows you to get money, without
selling your home. However you need to repay the money after your
death, while you
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Napa Valley Register, May 23rd, 2007Senior citizens are important engines
of society, not dependent burdens, according to an international study
on aging released Tuesday that shows one in 10 people in their 70s
still work.People in their 60s and 70s
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Napa Valley Register, May 21st, 2007Questions one: If you are accumulating wealth during a 10-year period
and can earn an average annual return of 11.6 percent but have to take
a loss of 10.5 percent one those years, would you prefer to take the
loss
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The New York Times, May 19th, 2007On a recent evening, Christine Moellering, 40, sorted through the plastic
laundry basket where she keeps the family bills, statements and coupons.“The Sears one is 32.24 percent,” Ms. Moellering said, reading a credit
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North County Times, May 18th, 2007By definition, investing is risky business. But the risk level rises
every time someone comes up with a new way to rip off financial
consumers.The North American Securities Administrators
Association has just released
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Ginnie Mae, May 15th, 2007
Today, Ginnie Mae (the Government National Mortgage Association) praised a new
staff study published by the U.S. Department of Housing and Urban Development's
(HUD) Office of Policy Development and Research (PD&R) that
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Investment News, May 11th, 2007Reverse mortgages, a relatively small part of retirement income now, will gain
popularity as baby boomers age, a Fidelity Investments executive told attendees
at the Investment Company Institute’s meeting today in Washington.“When
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Cincinatti Enquirer, May 6th, 2007Forget all the hullabaloo about baby boomers turning 60. The bigger
issue is what they're going to do when they turn 62, which starts
happening next January.That's the age at which Americans can
begin collecting Social
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The Orange County Register, May 5th, 2007Even though government workers cost the state money when they
retire, the money they spend from their pensions can help pump up their
local economies, according to a new study by California's two state
public
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Banknet 360, May 3rd, 2007Amid continued upheaval in the housing market, Bank of America Corp.'s foray into reverse mortgage lending is about the safest
bet it can make, economists said.Last week, the Charlotte, N.C.-based
bank agreed to purchase
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New York House, May 2nd, 2007DEAR BOB: About two years ago, we refinanced our home mortgage and
obtained a 5.25 percent fixed-rate mortgage. We loved the low monthly
payments. Then, about six months ago, my wife inherited enough money to
pay off our
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Worried about mortgage debt and healthcare expenses? Gerri Willis offers some
tips to ease your money pains.CNN Money, May 1st, 2007
Americans over the age of 55 are filing for bankruptcy at a faster rate than the
larger U.S. population thanks to
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INC.com, April 30th, 2007Employees at smaller businesses are less likely than those at larger
corporations to be saving for retirement, according to a new survey by
Transamerica.
Of more than 1,400 full-time workers surveyed nationwide, just 18
percent
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