December 2007 - Posts
Pueblo Chieftain, December 28th, 2007Reverse mortgages used to be a way for homeowners to get extra cash during retirement.
Now they’re also being used for a more-pressing purpose: helping people who are
struggling to meet payments on high-interest-rate
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The New York Times, December 27th, 2007The Equal Employment Opportunity Commission said Wednesday that employers could reduce or eliminate health benefits for retirees when they turn 65 and become eligible for Medicare.The policy, set forth in a new regulation,
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CNN Money, December 23rd, 2007Americans are falling behind on their credit card payments at an
alarming rate, sending delinquencies and defaults surging by
double-digit percentages in the last year and prompting warnings of
worse to come.An Associated
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The Wall Street Journal, December 13th, 2007The nation's economic outlook may look troubling in
the short run, but these difficulties pale beside the economic
consequences that will follow if we don't address the nation's
long-term fiscal gap -- or
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WTRF-7, December 13th, 2007 Insurance that covers long-term care is not yet widely held in West
Virginia. But with health care costs continually rising, more and more
people in the state and nation are taking a look.
"It's probably growing" as more
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US News & World Report, December 11th, 2007As consumers we have learned to play by other people's rules to avoid
getting burned by fees. We try to use our own bank's ATM, get paranoid
about how many minutes we are using up on our cellphones, and
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The Motley Fool, December 11th, 2007
"Me first!"
"I've got shotgun!"
"Looking out for number one!"
These catchphrases reveal two aspects of human nature:
Our chronic self-absorption. Our focus on the immediate.
But because we
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Editor's Note: It has been and remains the position of NewRetirement.com that the decision to purchase an annuity and the decision to get a reverse mortgage are seperate, independant decisions, that should be made only after careful review of the
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Miami Herald, December 1st, 2007Q: In response to
your reverse mortgage article (Action Line, Nov. 24): As the personal
representative for an elderly friend's estate we had to pay $321,000 to
pay off a 10-year-old $60,000 reverse mortgage. The culprit?
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The Wall Street Journal, November 26th, 2007Alan Buerger wants to show investors the upside of death.
The former insurance salesman runs Coventry First LLC,
which lets investors essentially bet on -- and profit from -- other
people's demise.His company
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