NewRetirement Retirement News Digest : Economics and the Market
Secure Your Future
 

NewRetirement Retirement News Digest

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

Economics and the Market (RSS)

Moody’s Says U.S. Debt Could Test Triple-A Rating
The New York Times, March 15th, 2010The gold-plated credit rating of the United States — an article of faith across America and, indeed, around the world — may be at risk in coming years as the nation copes with its growing debts. That sobering Read More
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
The 2010 Retirement Confidence Survey: Confidence Stabilizing, But Preparations Continue to Erode
Employee Benefit Research Institute, March 10th, 201020TH ANNUAL RCS: The 2010 Retirement Confidence Survey—the 20th annual wave of this survey—finds that the record-low confidence levels measured during the past two years of economic decline appear Read More
I'm a Medicare doctor. Here's what I make
CNN Money, March 6th, 2010When you think of low-paying jobs, doctor doesn't usually come to mind.But with a 21% cut in Medicare payments slated to take effect later this month, physicians who say they are making an OK living may be reduced to income Read More
Starting Over at 55
The New York Times, March 5th, 2010AFTER 24 years as a marketing manager for Coors, Cinde Dolphin knew what was coming — Miller and Coors had just merged their United States beer operations, and hundreds of jobs were sure to be eliminated. Worried Read More
Home Values for Seniors on the Rise
Mainstreet, March 5th, 2010You might not know it, but there’s an index that tracks the average value of homes owned by Americans 65 and over — and it’s most recent reading skews upward. Here’s why Grandma and Grandpa might be smiling this week. Read More
What is the Distribution of Lifetime Health Care Costs from Age 65?
The Center for Retirement Research at Boston College, February 28th, 2010Medical and long-term care costs represent a substantial uninsured risk for most retired households.  In 2007, spending on Medicare premiums and co-payments among married Read More
Millions of Unemployed Face Years Without Jobs
The New York Times, February 20th, 2010Even as the American economy shows tentative signs of a rebound, the human toll of the recession continues to mount, with millions of Americans remaining out of work, out of savings and nearing the end of their 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
Top 10 Financial Blessings Of 2009
Financial Edge, November 19th, 2009Yep, it's been a tough year. There's still much to lament, such as decades-high unemployment, rising budget deficits and shaky financial institutions, but considering the abyss we were staring squarely into at this Read More
HUD Announces Changes to Help Borrowers Purchase Foreclosed Properties
Reverse Mortgage Daily - January 19, 2010 The US Department of Housing and Urban Development announced it was expanding a temporary policy to help borrowers access to FHA mortgage insurance and allow for the quick resale of foreclosed properties.  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
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
2009-10 retirement plan contribution limits
Yahoo Finance - January 5, 2010If you have several different retirement accounts, such as a 401(k) at work and individual plans on your own, keeping up with the Internal Revenue Service rules on each is a challenge, especially if you are 50 or older and Read More
Coming down with gold fever - 5 myths about buying gold
CNN - January 7, 2010At Harrod's department store in London, you can pick up a South African Krugerrand or a 27-pound gold bar along with a sweater and bed linens. Gold is sold like candy out of train station vending machines in Germany. Indian households Read More
 
© 2004-2010 NewRetirement, LLC. All Rights Reserved.