Clipmarks | wandav22's clips

Want to Know How the Housing Bubble began?

Mon, 16 Jun 2008 09:46:20 GMT

clipped by: wandav22
clipper's remarks: This is an excellent article on the history and origins of the US housing bubble leading to the sub prime mortgage meltdown.

Clip Source: www.msnbc.msn.com

The housing bubble, in four chapters

How homeowners, speculators and Wall Street rode a wave of easy money

The aftershocks of the housing market's collapse still rumble through the economy, with unemployment rising, companies struggling to obtain financing and the stock market more than 10 percent below its peak last fall. The Federal Reserve has taken unprecedented action to stave off a recession, slashing interest rates and intervening to save a storied Wall Street investment bank. Congress and federal agencies have launched investigations into what happened: wrongdoing by mortgage brokers, lax lending standards by banks, failures by watchdogs.

Tags: subprime mortgage meltdown, protect your nest egg, avoid large losses

Retirees could lose $150,000 in benefits retiring at 62

Sat, 14 Jun 2008 01:41:14 GMT

clipped by: wandav22
clipper's remarks: This article contains some very important information about retiring yearly at 62 to take social security in the USA.

Clip Source: in2uract.wordpress.com

retirement and social security benefits

Over time, taking benefits early could mean a smaller payout, hefty taxes on their retirement savings and a heightened risk of outliving their money. In fact, the roughly 50 percent of the oldest boomers who the Social Security Administration estimates will tap their benefits starting this year will absorb a permanent 25 percent cut in benefits.

Retirees who file for Social Security at age 62 and live into their mid-90s could lose nearly $150,000 in benefits, says Ron Gebhardtsbauer, senior pension fellow with the academy.

Tags: retirement, retire early, boomer retirement

Baby Boomers will soon become a target for all the Scam Artists out there

Fri, 13 Jun 2008 08:51:31 GMT

clipped by: wandav22
clipper's remarks: This article is not new but the scams are timeless. Prinit it off and keep it near you for when anyone comes calling offering schemes that sound too good to be true. They probably are.

Clip Source: www.bankrate.com

Top 10 investing scams

The stock market has picked up steam lately, but for many investors the resurgence isn't enough. Instead, they look for quicker ways to bolster their portfolios. The problem is, some promised high-return opportunities are downright frauds.

Ponzi scammers top the list of scam artists taking return-hungry investors to the cleaners, according to the latest look at the investment industry by the North American Securities Administrators Association. A close second -- investment fraudsters targeting seniors.

Tags: 'investing scam', 'avoid large losses', 'protect your nest egg'

Baby Boomers Retirement Calculator Warning

Fri, 06 Jun 2008 01:54:37 GMT

clipped by: wandav22
clipper's remarks: Here is a great article by Andrea Coombes of MarketWatch telling us to be aware of the dangers in using many of the retirement calculators avialable online today

Clip Source: www.marketwatch.com

Calculated risk

Online retirement-planning tools can be useful, but only if you're careful

After entering my current assets, savings rate and a few other variables, one calculator congratulated me with "You're meeting your retirement savings goal!" while another tool gave me a relatively low score of 92 in retirement readiness, with 100 being the ideal. Yet another said I need to bump up my retirement savings by another $23,000 each year.

The danger lies in the slew of assumptions the calculator uses or asks you to input, including guesses about life expectancy, average return and expected retirement expenses. Adjust any of these variables and you'll see a big difference in the dollar figure you need for retirement.

Tags: retirement calculator, retirement calculators, otar retirement calculator

Baby Boomer Nest Egg results 2000-2002

Tue, 03 Jun 2008 07:44:22 GMT

clipped by: wandav22
clipper's remarks: This articel shows yet again the dangers Baby Boomers face if they use the do not protect themselves against losses in the stock market when they are in retirement

Clip Source: www.iipub.com

Investing During Retirement

Gary did a great job in his April 22 E-Letter that highlighted both common and lesser-known risks associated with investing. His risk analysis discussion is especially important for those who are investing during retirement, since the negative consequences of taking on too much investment risk can be far greater during retirement than while accumulating a nest egg.

Tags: avoid large losses, retirement income, protect your nest egg, nest egg distribution

Target Date Funds Not Good in Retirement

Sun, 18 May 2008 00:25:27 GMT

clipped by: wandav22
clipper's remarks: Professor Zvi Bodie says Target Date Funds make sense during your working life. Such Funds should move more and more of your assets out of equities as you get closer to retirement.
In retirement some of those assets should be converted into inflation protected annuities. The aim being to create a guaranteed income for life.

Clip Source: www.ft.com

Wise pension strategy up until retirement

A TDF is a fund of funds diversified among equities, bonds and cash that includes a feature that automatically reduces the proportion invested in equities as time passes. TDFs may be a good choice for many during their working years but not after they retire. Government policy should recognise this fundamental point.

What is needed is guaranteed lifetime income that is protected against inflation. As they approach retirement employees should convert part of their retirement assets into inflation-linked life annuities. The US Department of Labor ought to make such annuities a “qualified default payout alternative” at retirement. In the UK, the government is still in the process of deciding on rules for its “national pension saving plan”. It is likely to include TDFs among the qualified investment alternatives. It should also include inflation-protected life annuities among the qualified payout alternatives at retirement.

Tags: lifetime income, protect your nest egg, avoid large losses, inflation protected annuities

Want Retirement Income that Never Runs Out?

Thu, 15 May 2008 02:33:16 GMT

clipped by: wandav22
clipper's remarks: Finance Professor Zvi Bodie talks a lot of sense for Baby Boomers wanted to protect their nest eggs, avoid large losses and have regular inflation adjusted retirement income for life.
Watch the videos as he explains how inflation adjusted annuities can work for you too.

Clip Source: www.incomesolutions.com

Want Retirement Income that Never Runs Out?

Retirement risk: Your Income Needs to Last Your Lifetime

Clip Source: www.incomesolutions.com

	A Real-Life Retirement Income Story
It's time to find out . . .

	Retirement risk: Your Income Needs to Last Your Lifetime
	Retirement risk: Markets Go Down
	Retirement risk: The Rising Cost of Living
	How much retirement income is enough...and where will your money come from?
	How does an annuity guarantee you income for life?
	How does an annuity protect you against market risk?
	How can an annuity help you generate income as you need it?
	Income Solutions’® customized quotes, competitive pricing and access to top-rated companies.
	How the Income Solutions® Program can secure your retirement income.

Tags: retirement income, avoid large losses, baby boomer retirement income

Watch this very funny cartoon video about us Baby Boomers

Mon, 12 May 2008 07:39:54 GMT

clipped by: wandav22
clipper's remarks: Baby Boomers take a look and enjoy.

Clip Source: www.youtube.com

Baby Boomer Song

[Video]

Tags: baby boomers in retirement, protect your nest egg

Press Release for this Blog and eBook

Thu, 08 May 2008 06:17:48 GMT

clipped by: wandav22
clipper's remarks: Here is my Press Release for my Blog and eBook on how Baby Boomers can protect their nest egg in retirement.

Clip Source: www.free-press-release.com

Baby Boomers - Are You Paying for Your Financial Planner's Lifestyle?

Paying fees of 1%-3% of your Retirement Nest Egg to your financial planner you will eventually end up paying them more than you pay yourself.

Announcing a new Blog and a down-loadable eBook on "How to Protect Your Nest Egg in Retirement from things other than inflation, taxes and stock market volatility that can "eat" your Nest Egg in Retirement" just released.

Tags: how to protect your nest egg in retirement, avoid large losses in retirement

Baby Boomers unprepared to meet Financial Advisors

Sat, 03 May 2008 06:31:00 GMT

clipped by: wandav22
clipper's remarks: I am sure there are many professional financial planners who will help these unprepared baby Boomers. But I believe there are many more who see Baby Boomers as a way to maintain their own lifestyle. Watch out for high percentage based fees, hidden charges, presentations on long term survival based on the flaw of average returns, misuse of overly optimistic Monte Carlo Simulations, no strategy to limit losses and many more dangers. These are covered in my eBook "What Every Baby Boomer should know about protecting their nest Egg in Retirement". Be prepared for your meeting with your financial adviser.

Clip Source: blog.edwardpalonek.tv

New Research: Seven In Ten Baby Boomers Now Less Confident Their Retirement Savings Will Last

"Baby boomers know the train is coming, but they're frozen on the tracks. Unfortunately, too many are unsure of the best steps to take to guarantee that their money lasts through retirement," said Zaleznick. "In uncertain economic times like these, knowing what to do and when to act is critical; and seeking the advice of a professional can be extremely reassuring. There is 'no one size fits all' answer, so individualized professional advice can be the key to a sound financial future."

Bay Boomers - Living Off Your Investments

Sat, 03 May 2008 04:09:36 GMT

clipped by: wandav22
clipper's remarks: This is a great article from Accumulating Money. The point about investing in Funds that guard against big losses when we are in retirement is well put. Whilst you would use proper asset allocation to invest your Nest Egg it does help show how different withdrawals rates can seriously affect your financial survival.

Clip Source: www.accumulatingmoney.com

Living Off Your Investments

The strategies for investing while you’re taking withdrawals are significantly different from the strategies for investing while you’re still saving. Funds that guard against big losses in a bear market, for instance, might be better than those that post big gains in a bull market.

To illustrate how dramatically withdrawals can change your investment strategies, take a look at how the 15 largest stock funds of 1996 would have fared after 10 years of withdrawals.

Tags: retirement income, retirement nest egg

Baby Boomers: Good Advice for Retirement

Thu, 24 Apr 2008 04:40:25 GMT

clipped by: wandav22
clipper's remarks: This article is one of the first I have seen that mentions two things we need in retirement:
1. A Cash Reserve so we don't have to sell stocks in a down-turn just to live.
2. A way to invest in the markets with tools to help protect against the down-side.

Clip Source: online.wsj.com

As the first baby boomers hit retirement age, volatile financial markets are increasing the risk this new wave of retirees could outlive their nest eggs.

Sharp market swings can be devastating to retirees who are regularly withdrawing money from their portfolios, by forcing them to sell holdings whose value has just plummeted. What's more, retirees' portfolios can have a tough time recovering from such a hit, because regular withdrawals reduce assets available to achieve future growth.

WHEN VOLATILITY HURTS

Reducing a portfolio's volatility can add years to the life of a retiree's nest egg. Here are some strategies:

• Investors can minimize volatility by diversifying the assets in their retirement portfolio.

• Maintaining a big cash reserve can shield retirees from having to sell stocks in a downturn.

• Some new funds, including ones that sell call options on fund holdings, may help limit volatility.

Tags: baby boomers, protect your nest egg, boomer retirement, mutual funds

Your Retirement Nest Egg... Do You Really Want to Risk It?

Tue, 22 Apr 2008 03:31:06 GMT

clipped by: wandav22
clipper's remarks: This Post by Erich Frerking clearly points out the dangers in retiring just when the stock market heads downwards and you do not protect your nest egg against large losses.
There is a link to a table showing how your nest egg would have performed from 2000 until now. Take a look and then take steps to protect your nest egg now.

Clip Source: www.keepyourwealth.net

If you are relying on the stock market's historical average returns to plan withdrawals when you retire, you may be in for a very bad surprise. When planning what they can withdraw from their retirement accounts every year, most people fall victim to FOA, which stands for Fallacy Of Averages.

Yes, the S&P 500 stock index has averaged over 11% per year but that average was calculated over a span of 67 years - just about 12 or so years short of the average American's lifespan. When you look at shorter, more relevant time periods, you can see there is just a bit more volatility (and risk) involved.

Baby Boomers are you a Humastrich?

Sun, 20 Apr 2008 00:51:18 GMT

clipped by: wandav22
clipper's remarks: Baby Boomers, don't let this be you. Learn how to protect your nest egg in retirement.
I found this great photo on Capitalist Christophers blogspot site.

Clip Source: capitalistchristopher.blogspot.com

Tuesday, May 8, 2007

The Humastrich (note above image for further study).

The Humastrich is a large, half-bird, half-human, flightless bird - indegenous to any continent where people attempt to ignore facts, reality and existence. Sometimes, Humastrich's wear pants. Sometimes, they don't.

Tags: protect your nest egg, baby boomers, retirement income

Reasons Recessions Are Good For The Economy

Sat, 19 Apr 2008 04:01:42 GMT

clipped by: wandav22
clipper's remarks: More people should try and understand this. Plus they should try to protect themselves when bad times hit.
Once thing of note after the DotCom bust there was a massive amount if Internet Infrastructure that was purchased for next to nothing by businesses that were financially viable. So there was a "greater good" though many caught up in it might not have thought so at the time.

Clip Source: amateurassetallocator.com

We’ve already seen how recessions can be good for consumers, but recessions actually serve a much larger purpose. Capitalism, at its root, is all about the efficient allocation of scarce resources. In a free-market capitalist society, capital naturally flows wherever promises to give the highest return. If manufacturing companies are having trouble competing in the global market but software companies are thriving and making loads of profit, capital will naturally flow from the manufacturing sector to the software sector. Recessions speed this process along considerably by making it difficult for marginal operating companies to attract suitable financing.