NewRetirement Retirement News Digest : June 2007 - Posts
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NewRetirement Retirement News Digest

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

June 2007 - Posts

Keeping Early Retirees Afloat
Blue Ridge Times, June 24th, 2007What with years of layoffs, employee buyouts and sending jobs offshore, corporate America has helped create a pool of about 800,000 early retirees who now find themselves in a health care bind. They are no longer eligible Read More
Income for life: Slicing up your savings
CNN Money, June 14th, 2007Question: How do I convert the balance in my 401(k) into a monthly income when I retire? - Jim, Midlothian, VirginiaAnswer: You're dealing with an issue that more and more people, especially aging baby boomers, must face as Read More
Reverse Mortgages Promoted By Washington Lawmakers
Best Syndication, June 12th, 2007The topic of reverse mortgages seems to be making the news almost daily lately. If you haven't heard about them yet from your local newspaper or widely broadcast television commercials featuring the actors Robert Wagner Read More
Boomers to put off retiring, since they have to
MSNBC, June 12th, 2007As the baby boomers begin to ease into their 60s, most expect to delay retirement longer than their parents or grandparents.That’s good, because many can’t afford to stop working anytime soon.Two new reports portray aging boomers Read More
2 More Years for a Better Retirement
The Motley Fool, June 12th, 2007When I've written before about our collective need to save more for retirement, I've often cited my favorite retirement resource: our Rule Your Retirement newsletter service. In its pages, Robert Brokamp has explained Read More
An Extra Cash Lift
The Washington Post, June 8th, 2007Reverse mortgages for second homes, until now available through a handful of small regional banks, will soon be offered by at least two national lenders.Bank of America, which recently announced an agreement to acquire Read More
Calif. Wants Retirees to Become Teachers
KABC-TV Los Angeles, June 8th, 2007Seeking to offset a shortage of educators in California, Gov. Arnold Schwarzenegger kicked off a program Friday to urge businesses to encourage their retirees to become teachers. "It's critical that we take action Read More
Brain Exercise for Senior Citizens Does Seem to Work, Says Study
SeniorJournal.com, June 7th, 2007Can a fitness program for your brain improve thinking and concentration the way lifting weights can increase muscle strength? From crossword puzzles to computer games, there are a growing number of options Read More
(Comments Off) * Article Posted on Thursday, June 07, 2007 1:02 AM
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A retirement mistake Boomers should avoid
CNN Money, June 6th, 2007Of all people who apply for Social Security retirement benefits every year, the number doing so before their "full retirement age" has been on the rise. For some, that move is going to cost them money.It's not that people are Read More
Retirees starting new careers as golf pros
Tallahassee Democrat, June 5th, 2007 The PGA of America is experiencing a growth in the number of retired people in various occupations who are becoming PGA-certified professionals. Roger Graves, senior writer with the PGA Magazine, recently profiled Read More
Equity index annuities still too good to be true
Houston Chronicle, June 4th, 2007The most heavily marketed insurance product, the equity index annuity, is becoming the most litigated insurance product. Attorneys general in several states have filed suits against a number of vendors. In addition, Read More
(Comments Off) * Article Posted on Monday, June 04, 2007 1:14 AM
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Reverse Mortgages Common Among Many Black Families
Kansas City Call, June 4th, 2007Spreading wealth throughout generations is one of the biggest problems facing African Americans. Usually, heirs to the family fortune divide jewelry, automobiles, a family home and of course household items and bills. Read More
 
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