NewRetirement Retirement News Digest : Retirement Pitfalls
Secure Your Future
 

NewRetirement Retirement News Digest

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

Retirement Pitfalls (RSS)

How to Salvage Your Retirement
The Wall Street Journal, March 12th, 2010Is it too late to save your retirement? For many, the answer is surely yes. News out this week shows that 29% of those who have already retired have saved nothing at all to support themselves, while only a Read More
When you should, shouldn't give out your Social Security number
Credit Cards.com, February 24th, 2010Your Social Security number is one of the keys to your financial health. It's a unique indentifier lenders use to assess your creditworthiness. It's also exactly what a would-be thief needs to apply for a credit Read More
Chris Farrell: Living Frugally Frees You to Live Better
Encore.org, February 10th, 2010Chris Farrell is drawing big crowds as he tours the U.S. to promote his new book, The New Frugality, which paints a picture of a seismic shift in our society away from unfettered spending, toward healthier financial habits. Read More
Ex-bank employee accused of swindling old woman
San Francisco Chronicle, February 6th, 2010A 25-year-old former customer service representative with a San Francisco branch of Bank of America has been charged with swindling $61,000 from a 96-year-old woman who entrusted him with her finances. Saul Read More
$8 million in assets - and can't get a mortgage
CNN - January 20, 2010 The wealthy have money problems, too -- yeah they do. Even refinancing a mortgage for their fancy digs or getting a new loan can be near impossible these days thanks to skittish lenders. And the higher the loan value, the Read More
A pension scandal - CalPERS
SF Gate  - January 17, 2010The public is getting a disheartening look at a once-mighty Sacramento success story. California's public-employee pension fund - the nation's biggest and most progressive - has lost billions in investment money, Read More
Allstate CEO sees flat economy, challenges ahead
KansasCity.com - January 17, 2010When Thomas Wilson, chairman and CEO of Allstate Insurance Co., scans the economic horizon, he sees a landscape that requires adaptation: Real estate remains in the dumps, car sales are sluggish, the unemployment rate Read More
Couple's big age difference affects retirement planning
Los Angeles Times - January 17, 2010Dear Liz: My husband is quite a bit older than I (about 18 years). When we married, we agreed that we should put all our savings into joint funds and into his retirement accounts. Our thought was that since I'm Read More
Retirement planning for the laid off
CNN - January 8, 2010 Question: I'm 57 and I think there's a good chance I'll be laid off this year. If that happens, I'll have to move my 401(k) balance to an IRA. On the recommendation of a finance professional, many of my former co-workers have Read More
Gold Is the New Tupperware, and You're Invited to the Party
The Wall Street Journal, December 21st, 2009It's much more fun than a pawnshop; the cash is only so-so but comes in handyThe 1950s were big for Tupperware parties. The 1970s were hot for Mary Kay cosmetics. As this decade hobbles to a close, a new kind Read More
The elderly need to beware of lenders--and relatives
The Los Angeles Times, December 20th, 2009The recent conviction of a Long Island woman who stole the home of a 93-year-old retired barber suffering from Alzheimer's disease should serve as a warning to the friends and relatives of elderly people about Read More
Seniors May Need Help Overcoming Holiday Blues
Yahoo News, November 28th, 2009For many seniors, the holiday season can trigger melancholy as they think about lost loved ones, struggle with health issues or worry about money problems, according to the American Geriatrics Society. Read More
The hidden costs of identity theft
CNN, December 7th, 2009Debra Guenterberg doesn't have to go to a horror movie to get spooked. She says she's been living a nightmare for the past 13 years. The Wisconsin woman says she's been stalked by two phantoms. Two men stole her name and her Read More
4 ways to face a cash-strapped retirement
Bankrate, November 20th, 2009Dear Debt Adviser, Help, I'm about $30,000 in debt. I have about $50,000 in my retirement. I will be 59½ years old in January. I had to go on disability from a fall at work. My house is paid for. Should I just take money Read More
Ask the Experts: Do your homework on reverse mortgages
Sacremento Bee, October 28th, 2009 Our three new "Ask the Experts" writers have been busily answering financial questions this month from online readers.Here's a sample of their advice on personal finance, wills/estates and investing.To Read More
 
© 2004-2010 NewRetirement, LLC. All Rights Reserved.