Politics and Legislation
MarketWatch - August 4, 2008
RALEIGH, N.C., Aug 04, 2008 (BUSINESS WIRE) -- State Employees' Credit Union (SECU) is pleased to announce a consumer-friendly reverse mortgage designed to help senior members utilize the wealth in their homes in
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Kipinger - August 4, 2008
When trying to figure out who benefits from the new housing law, don't forget to count seniors who are in the market for a reverse mortgage. These mortgages let seniors convert some of their home equity into a stream of income,
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The Boston Globe - July 31, 2008
The sweeping housing legislation signed yesterday by President Bush provides a tax credit for first-time home buyers, higher mortgage allowances for expensive markets such as Boston, property tax breaks, and a variety
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The New York Times, June 24 2008Fact: Every hour of every day, 330 Americans turn 60.
Fact: By 2030, one in five Americans will be older than 65.
Fact: The number of people over 100 doubles every decade.
Fact: As they age, people lose muscle mass
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The New York Times, June 25, 2008To cut costs and reduce fraud in one corner of the sprawling
Medicare program, Congress called for competitive bidding on medical
equipment that is provided to elderly and disabled Americans and set a
sensible schedule
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The New York Times, June 10, 2008 The people who created this country built a moral structure around
money. The Puritan legacy inhibited luxury and self-indulgence.
Benjamin Franklin spread a practical gospel that emphasized hard work,
temperance and
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Sacbee, June 4th, 2008Pressured by a faltering economy and often burdened by loans they
took out during the housing boom, more Sacramento-area homeowners are
looking to reverse mortgages for an escape route. But many are finding
the road blocked by
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Seeking Alpha, June 1st, 2008Book review: While America Aged by Roger LowensteinWhere
were you while America aged? I’ve been following the issues in this
book written by Roger Lowenstein for over 20 years. As an actuary (but
not a pension actuary)
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Marketwatch, May 23rd, 2008IndyMac, Corus, UCBH under pressure as credit crunch slows economy.By April, Gary Holloway was almost three years into retirement.
He'd built a new home by a lake in Texas, bought a boat and was working
on his golf
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NYtimes, May 4th, 2008
The future of Americans’ pensions has not become a serious campaign issue so far this election season. It’s hard to get retirement issues to the front of the line when the nation faces soaring health care costs, global warming,
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NYTimes, May 4th, 2008
Virtually unnoticed during the primary season, the baby boom generation turned 62 this year and began to draw Social Security benefits. This heralded a milestone in America’s aging, and depending on which of the candidates you
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Yahoo News, March 25h, 2008Trustees for the government's two biggest benefit programs warned Tuesday that Social Security and Medicare are facing "enormous challenges," with the threat to Medicare's solvency far more severe.The trustees, issuing a once-a-year
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BusinessWire, March 24th, 2008A coalition of reverse mortgage counseling agencies and elder care
experts announced today a collaboration to launch the National Housing
Counseling Association (NHCA).
NHCA will act as
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The New York Times, March 23rd, 2008New government research has found “large and growing” disparities in
life expectancy for richer and poorer Americans, paralleling the growth
of income inequality in the last two decades.
Life expectancy for the nation
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Center for Retirement Research at Boston
College, March 2008Most married men claim Social Security benefits at age 62 or 63, well
short of the age that maximizes the expected present value of the
average household’s benefits. That many married
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