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 5/2007Experts Encourage Retiring Baby Boomers To Take Low Paying Jobs To Supplement Their Income While eBook Experts Offer Real and Rewarding Retirement Inc
Los Angeles, CA (PRWEB) May 30, 2007 -- Leading experts agree that many baby boomers will have to resort to a new kind of retirement referred to as "Life Planning" to fund their retirement because they won't have enough money to simply retire.
This new type of retirement means that boomers will retire from their primary careers and seek alternative employment doing something they "enjoy" with flexible hours, more flexibility, less responsibility and lower pay. For instance someone who "likes to cook" may take a job as a short order cook- pay $9.94 an hour according to the latest Los Angeles Magazine salary survey.
"I just don't think there is any reason for boomers to settle for low paying jobs, that in my opinion just don't sound appealing at all, when they can either take their expertise, either from a former career, a hobby, or some life experience and create a second career that is both rewarding and much more lucrative," said, Ellen Violette, The eBook Coach. "A successful ebook can command up to $150,000 or more. And learning how to leverage it can put hundreds of thousands if not millions of dollars in the pockets of boomers! Not only that but they are easy to produce once you know how and they are cheap to produce!"
To get started, people who desire the lifestyle and income of top-selling ebook authors are urged to attend the Virtual Ebook Expo, where no information will be held back. All attendees will be exposed to trade secrets and step-by-step formulas for achieving multiple income streams and financial freedom from writing and marketing their ebooks.
For more information go to: www.virtualebookexpo.com
The Virtual eBook Expo starts tonight 5:30 p.m. Pacific/8:30 p.m. Eastern and runs through June 7 and will spotlight some of the biggest names in online writing, publishing and ecommerce. (Audio replay lines will be available after each call for anyone who can't make the calls.)
To register go to: www.virtualebookexpo.com
Ellen Violette, a.k.a. "The eBook Coach", consults with business owners on how to author a simple eBook online and build a lucrative ebook/information business using her proven system..
Photos available upon request
http://www.TheEbookCoach.com
Ms. Violette is available for interviews at 818-340-1730
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