A viatical settlement is the sale of a life insurance policy by the policy owner before the policy matures. Such a sale, at a price discounted from the face amount of the policy but usually in excess of the premiums paid or current cash surrender value, provides the seller an immediate cash settlement. Similar to reverse mortgages, viatical settlements involve insured individuals with a life expectancy of less than five years. In countries with high health care costs (such as the United States), this is a practical way to pay extremely high health insurance premiums and other senior care expenses that severely ill people face. Some people are also familiar with life settlements, which are similar transactions but involve insureds with longer life expectancies (two to fifteen years). - From Wikipedia and other sources 5/2007Norton & Associates Inc. Provides; Global Private Investment Funding, Carbon Offset Credits, Commercial Real Estate Investment for Retirement, Resort
Robert H. Norton, President of Norton & Associates Inc., providing P & L Investment Management, Commercial Real Estate Development announcement of a P & L contract to provide private investment funding for a 3,100 acre, Waterfront Sportsman Retreat known as Currituck Point, Hyde County, North Carolina. This Phase I , $30M investment package brings the total asset management over $600M using Global Private Investment Funds.
Web Site Targets Older Americans and People Planning Their Retirement - RetiredBrains.com Expands Information Offered
As more seniors become computer literate and use the Net to search for information there is an increased need for sites that focus on this market and provide the kinds of information older Americans are seeking. RetiredBrains.com (www.RetiredBrains.com) has expanded the information offered in areas like memory loss, arthritis pain, volunteering, continuing education, finding employment, retirement planning, identity theft, estate planning, etc. and also includes links to sites that provide more in depth information in these areas.
Successful Retirement Ranks High Among Financial Goals for Hispanic Americans
Two-thirds of middle-class Hispanic Americans have savings earmarked for retirement, that's according to a new survey on the financial attitudes and behaviors of Hispanic Americans released today by Prudential Financial, Inc. (NYSE:PRU)
Prudential Study Finds Women's Retirement Concerns Transcend Generation
Whether they're Millennials, GenXers, Boomers or Matures, American women are actively considering their future retirement and financial security--countering conventional wisdom that retirement is an "over 50" issue, according to a study issued today by Prudential Financial (http://www.prudential.com) (NYSE:PRU). A surprising 36% of Millennials and 34% of GenXers are giving serious thought to what it takes to prepare for retirement, Prudential's fifth biennial study on The Financial Experience and Behaviors Among Women found. Retirement is also a top-of-mind consideration for 28% of Boomer women who participated in the study.
Ideal Living Magazine Survey Reveals What Baby Boomers Want in Retirement
More than 1,000 of Ideal Living Magazine's (formerly Living Southern Style) 330,000 readers answered a 35-question survey, via mail-in and on-line, about what they're looking for in retirement. 77% of respondents are between 45 and 65 years old. Included in this release are statistics based on 8 of the 35 posed questions.
Retirement Finance Planning-Tips For Planning Your Financial Future
Retirement finance planning is one of the most important activities you will ever engage in. Quite simply, if you don?t know where the money is coming from once you?ve finished working, you won?t have a very enjoyable later life.
Baby Boomers Worried About Retirement
Millions of Baby Boomers fear that whatever they have saved for retirement just might not be enough. And with good reasons, given that inflation is zooming while house prices and the stock market disappoint.
Calvin Ayre Announces Retirement From Bodog
Calvin Ayre will be retiring from his role as the face of Bodog. He will continue to support charitable opportunities through the Calvin Ayre Foundation.
DayClock Technology Offers Ideal Retirement Gift
DayClocks Inc. released the first analog wall clock with patented technology to accurately keep track of the day of the week. The simple invention caters to a niche market and provides a helpful solution for senior citizens as well as Alzheimer's and dementia patients. The DayClock is also gaining popularity as a humorous retirement gift and is revolutionizing the wall clock industry with its clever and practical functions.
Live and Invest Overseas Names World's Six Most Affordable Retirement Havens
The cost of quality retirement living options in the United States has risen well beyond the budget of the average would-be retiree. The current meltdown in U.S. housing costs doesn't change this fact. Most Americans are worried they'll never be able to afford to chase their retirement dreams.
The answer is to think outside the box--the box being the United States. This isn't a new idea, but it's truer and truer, as ever-increasing numbers of Americans consider leaving the States in search of a quality retirement lifestyle they can afford.
Self-Direct Your IRA Funds into Income Property Investments with RealSource Retirement Services
Families and individuals do not have to limit their retirement funds to a range of products or investment policies offered by their employer or financial/insurance institution. RealSource Retirement Services is helping generate monthly income and increased wealth for those who no longer wish to be bound to traditional investment choices or are limited in their ability to invest their hard-earned money as they see fit.
The YMCA Retirement Fund Implements iQ4bis Reporting and Analytical Solution: Not-for-Profit Church Pension Fund Adopts Business Intelligence to
iQ4bis Software Inc., a global, software provider that offers an end-to-end business intelligence solution for business managers and executives in midmarket enterprises, today announced that The YMCA Retirement Fund, a not-for-profit church pension fund organized and operated for the purpose of providing retirement and other benefits for employees of YMCAs throughout the United States, has implemented the iQ4bis Analysis and DataServer software suite as its business intelligence solution. Integration with the organization's Microsoft(R) SQL Server-based proprietary enterprise resource planning (ERP) system was completed in early March.
New Practice Offers Retirement Income Services For New Jersey Residents
Joshua E. Hutson, JD, establishes Bayshore Retirement Income LLC to help clients on fixed incomes maximize their retirement assets.
Sagitec Solutions LLC Partners with North Dakota Public Employees Retirement System (NDPERS)
Sagitec partners with NDPERS and will utilize its Neospin? Framework to modernize the North Dakota Public Employees Retirement System.
Retirement and Estate Planning Made Simple
Retirement and estate planning, it sounds so serious, and off course it is, but it isn't as hard as it sounds. Everyone needs to think about it at some point because it is a crucial process in financial freedom. Because you are not the first who has to think about it there is loads of information available. Just realize that there are a few simple steps which should be taken in order to ensure that the best possible results will come out of your retirement and estate planning project.