May 29th, 2008 by Eileen Peck
Select Mexico Properties has some of the most beautiful hillside residential building sites in the Puerto Vallarta area available for sale right now. Pacific Coast real estate is hard to come by, and federal law in Mexico limits the amount of coastline that’s available for development. For people who are looking to build a Puerto […]
May 29th, 2008 by Eileen Peck
Pension failures and bankrupt retirement investment funds follow every recession. Regardless of how solid your retirement plan is, things can still go wrong. Even when the economy is good, unexpected events can take their toll on your retirement plan. Faulty assumptions, sudden illnesses, a job loss or disaster can wipe out your nest egg. Failure […]
May 29th, 2008 by Eileen Peck
Insurance agents, financial planners and benefits administrators use actuarial tables to determine how long a person is likely to live. The Social Security Administration also structures its benefits based on how much time a person will live after he starts drawing out of Social Security. The tables are beginning to indicate a growing likelihood that […]
May 29th, 2008 by Eileen Peck
A study by the American Association of Retired Persons shows that one of every three people in the US over the age of 55 have saved less than $25,000 for their retirement. That’s a surprising statistic and it shows how unconcerned some people are about their need to save for retirement.
More than 25% of people […]
May 29th, 2008 by Eileen Peck
In an annual survey of state pension plans, the 2006 Public Study conducted by the National Association of State Retirement Administrators showed that of 126 state-managed pension plans, nearly 87% showed some unfunded pension liability. In other words, the overwhelming majority of state-run retirement plans do not have enough funds to honor their obligations. […]