viatical settlementsA 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 5/2007

55CommunityGuide.com - Comprehensive Directory of 55+ Retirement Communities

Alpharetta, GA (PRWEB) August 28, 2007 -- Retirement Media Inc. announces 55CommunityGuide.com (http://www.55communityguide.com) has been launched with a good start on its goal of being the most comprehensive directory of 55+ communities and homes on the Internet. Retirement communities and Realtors specializing in 55+ homes may place FREE Premium directory listings on the 55CommunityGuide.com site. This is helping build 55CommunityGuide.com's directory of retirement community listings while giving excellent exposure to the retirement community, according to Robert Fowler, President of Retirement Media Inc.

Retirement Media Inc. was created in 2006 by Robert Fowler after he sold his home rental ads and property management sites to Consumer Source Interactive. Fowler, age 59, looked at other opportunities and decided his new focus would be retirement sites, especially those related to Boomers and the question of where to live in their retirement.

SmallTownRetirement.com (http://www.smalltownretirement.com) was Fowler's first site in this new endeavor and has done quite nicely showing up organically in the search engines, a skill Fowler developed with his previous sites. SmallTownRetirement.com includes a blog where reviews of active adult communities, small towns and retirement communities are made. Fowler says "A representative of Pulte/Del Webb read our blog and contacted me requesting I review their three new Georgia communities." Fowler was impressed. "I had no idea how nice these new Active Adult Communities are and think they will be a big hit to Boomers my age."

Noting there is no one place to see information on all retirement communities, 55CommunityGuide.com was begun to fill that niche. The site provides Boomers, Seniors and pre-retirees a resource to locate retirement communities and places to retire. The types of properties in 55CommunityGuide.com's directory are 55+ communities (http://www.55communityguide.com/Guide/55_Communities), active adult retirement communities (http://www.55communityguide.com/Guide/55_Communities/Active_Adult_Community), retirement communities, 55+ friendly homes and subdivisions, 55+ condos, manufactured homes, second and vacation homes and brokers/agents catering to 55 plus homes. We even have a category for affordable retirement communities.

55CommunityGuide.com is always free for those looking for a retirement community or a place to live. Communities and agents can place their free premium ad by clicking the "Advertise with Us" link on top of the home page. 55CommunityGuide.com also includes classifieds ads for agents with individual 55 homes to advertise and sections where open houses and preview events can be scheduled, retirement articles and promotional advertising.

About 55CommunityGuide.com

55CommunityGuide.com is a national on line service which provides a directory of retirement communities, 55 + communities, active adult communities. Also the site provides retirement articles, classified ads for 55 Plus Realtors, events and promotional advertising. Based in Alpharetta, Georgia 55CommunityGuide.com is part of the Retirement Media Inc. family of sites which includes SmallTownRetirement.com and others. For more information, visit 55CommunityGuide.com

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