The Fidelity Research Institute is an organization funded by Fidelity Investments. According to the Institute boomers have a median household retirement savings of $45,000 in their 2007 report on America’s retirement readiness. It would be easy to say that boomers are far from ready with half being below $45000 and half being above that in […]
|
Jul
29
|
Posted by cameron
July 29, 2007 | 2 Comments
|
The news has been full of the stock market drop this past week and billions of dollars was withdrawn from mutual funds on Thursday and Friday. Buyers moved to the sidelines leaving only sellers to move markets. When that happens the only way is down. Having scanned the Internet sites for professional opinions you can […]
Many retirees and early retirees realize that they would like to volunteer as a way to replace the purpose and social interaction they had on the job but don’t know how to go about it. Indeed according to a recent study by Volunteer Match found that 63% of people 55 or older express […]
The guessing game began some time ago; what will the boomers do with their investments? We have been saving for decades, at least some of us have. Saving into the stock market through various means including 401Ks. According to the tax rules Catch-up savings means that a higher percentage of income can be saved at […]
|
Jul
25
|
Posted by maureen
July 25, 2007 | 2 Comments
|
Middle age crazy? Feel the need for speed but are environmentally conscious? Empty nester with money to burn? Look no further!
The Tesla Roadster
Rolling off the assembly line in October is Tesla Motors, Inc green vehicle, the Tesla Roadster that can rocket from 0 to 60 in four seconds. Not bad for an electric […]
|
Jul
24
|
Posted by cameron
July 24, 2007 | 2 Comments
|
Baby Boomers with Life Insurance Cash Out value are the targets of some businesses that want to buy you out. The value proposition goes like this: if you own a life insurance policy that has a cash out value they will buy it from you for a sum greater than the cash out value. That […]
[…]
Being an empty nester brings a whole new mind set : there are somethings you should know, somethings you should avoid and somethings you should embrace:
Whenever you get teary eyed or nostalgic and miss the kids just remember:
The cost of raising a child in 2007 is $658,582
For the academic year 2006-7, the average cost of […]
I was interested to read about new retirement products emerging in the world of annuities and long-term care. Daisy Maxey just wrote an article on the subject in Barron’s Weekly financial newspaper. A typical annuity pays a monthly sum in return for a substantial upfront payment. This may be perfectly fine until life deals you […]
|
Jul
18
|
Posted by cameron
July 18, 2007 | 1 Comment
|
I am a former Certified Personal Trainer with the American Council On Exercise (ACE). In an earlier post I discussed Cholesterol and linked to ACE’s segment which discussed the impact of exercise and what kind of exercise to focus on. That post has been popular so I decided to provide a series of links related […]
keep looking »