NewRetirement Retirement News Digest : Annuities
Secure Your Future
 

NewRetirement Retirement News Digest

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

Annuities (RSS)

Uncomfortable Answers to Questions on the Economy
The New York Times - July 19, 2008 You have heard that Fannie and Freddie, their gentle names notwithstanding, may cripple the financial system without a large infusion of taxpayer money. You have gleaned that jobs are disappearing, housing prices Read More
Study: Most middle-class retirees will outlive retirement savings
Washington Business Journal - July 14, 2008 Almost three out of five new middle-class retirees will outlive their financial assets if they keep up their pre-retirement ways of living, according to an Ernst & Young LLP study on behalf of Americans Read More
The Fannie and Freddie Fallout
New York Times - July 13, 2008 IT’S dispiriting indeed to watch the United States financial system, supposedly the envy of the world, being taken to its knees. But that’s the show we’re watching, brought to you by somnambulant regulators, greedy bank Read More
Avoid Cashing Out Your 401(k)
The Wall Street Journal - July 10, 2008 When prices are rising and bills are pressing, any available cash may seem like the perfect solution to a short-term crunch. And that means people switching jobs these days may be more tempted than ever to cash Read More
3 Retirement Mistakes Women Make, and How to Fix Them
U.S. News & World Report - July 11, 2008 Baby boomer women are more likely to have a more financially secure retirement than their predecessors. A new study found that men and women at large companies are both on track to produce the same share of Read More
Cash proves safe haven amid current market volatility
Palm Beach Daily News - July 6, 2008  Are the rocky financial markets making you sick? It could be time to consider the cardinal rule of investing: If you can't sleep at night, keep more money safe — in cash instruments guaranteed directly by the Read More
Rising prices hammer seniors on fixed incomes
USA TODAY - July 2, 2008 Long before workers at the San Diego Food Bank began distributing cardboard food cartons from the back of a truck on a recent day, elderly men and women, many needing walkers and metal canes, formed a line in a church parking Read More
Early Retirees in New Ventures, Mostly for Fun
New York Times - July 3, 2008 RISK-AVERSE? Clueless as to what P.&.L means? You, too, can be an entrepreneur. Not the hard-driving type who makes the business news pages. Rather, the laid-back, come-what-may variety. Many of them are part of Read More
Weathering Tough Financial Times—The Long-term Costs of Quick Cash
Financial Industry Regulatory Authority, June 26, 2008 Rising costs of food and fuel, declines and volatility in the housing and financial markets, and an ever-tightening credit crunch have gathered to form a perfect storm that could lead some Americans Read More
Carcieri signs reverse mortgage law
The Providence Journal   Saturday June 28, 2008 A new state law designed to protect consumers from the risks of “reverse mortgages” mandates greater disclosure of fees charged by lenders but still permits them to penalize borrowers who pay Read More
Reverse Mortgage Sales Abuses Targeting Seniors is Topic of Hearings Before US Senate Subcommittee
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 Read More
As baby boomers retire, annuities offer financial alternative
The International Herald-Tribune, November 22nd, 2007When they were young, members of the U.S. baby boom generation did not do things the way their parents did. But now, as they start to retire, some may wish they could retire the way their parents Read More
Retirement income products reduce guesswork with nest eggs
Marketwatch, October 11th, 2007Everyone is tripping over themselves to launch retirement income products, funds (and annuities) that take the fuss and mess out of how retirees figure out what they can withdraw from their nest eggs without having to Read More
Use of income annuities in retirement gets a plug
Investment News, August 28th, 2007While income annuities are the most cost-effective way to provide income at retirement, investors are reluctant to purchase them, according to a new study.Consumers aren’t annuitizing enough of their portfolios, according Read More
(Comments Off) * Article Posted on Tuesday, August 28, 2007 7:18 PM
Filed Under:
'Annuity' firm in the business of misleading senior citizens
New York Daily News, August 13th, 2007Lynne Mulhall was surprised by a postcard that warned her about a potential issue with some of her annuities. "As far as I know, I don't have any annuities. But you never know," the New Jersey woman wrote. "Dear Read More
 
© 2004-2007 NewRetirement, LLC. All Rights Reserved.