Archive for May, 2008

Baby boomers are quickly approaching retirement. The first boomers have already begun to apply for Social Security benefits, and many senior workers are taking stock of their investments and savings. For a lucky few, the retirement outlook is good. For most workers, however, questions linger regarding their ability to leave the workforce on the retirement […]

According to the Profit Sharing/401(k) Council of America, the number of Americans who have taken loans from their retirement funds has risen to 18 percent, from 11 percent in 2006. As the economic crisis worsens, retirement funds are being looked at as a ready source of cash to cover debts or other needs. Many of […]

Conventional wisdom says that savings and investments made before retirement are critical to a person’s ability to provide for himself after retirement. New research by Russell Investments confirms that for defined contribution plans, but puts a different spin on the importance of return on investment. The research shows that nearly two-thirds of retirement funds accrue […]

Everyone benefits when the Fed cuts interest rates, right? Actually, no! When the Fed cuts the interest rate, rates that are tied to it – like the interest paid on CDs – also drop. You may get a better interest rate on a car loan or mortgage, but your retirement investments pay the price. Twenty-six […]

According to a new study conducted by AARP, 27 percent of respondents over the age of 45 will delay retirement plans due to the faltering economy. A more ominous sign, however, is the news that nearly 25 percent of respondents between the ages of 45 and 64 are already tapping into their 401(k) plans and […]

Investing in real estate in Mexico has never been easier. Thanks to changes in Mexico’s laws, Mexico land ownership is safe, as well. The Mexican Federal government is promoting direct investment in the country not only by businesses that are considering relocation, but also by foreign nationals who want to own Mexico real estate.
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Lately, you’ve probably heard a lot about retirement planning. As the baby boomers prepare to leave the workforce, economists and financial planners are debating the impact that this exodus will have. For some, leaving the workforce will be a welcome event. For others, avoiding retirement for as long as possible is the name of the […]

The first quarter figures are in and the Mexico economy is growing despite the economic slowdown in the US. The US is a major trade partner of the US, and economists widely expected a softening of the Mexico economy in the first quarter.
Instead, industrial production actually increased, in part because other nations are turning […]

Puerto Vallarta is fast becoming one of North America’s favorite retirement destinations. In addition, many Europeans and Asians are drawn to Puerto Vallarta for its climate, cost of living and pleasant environment. Many developers are building luxury condominiums and resort properties here to cater to retirees, but before you sign a purchase agreement, consider what […]

The environment is important to Vallartenses. You’ll find that out quickly! A Puerto Vallarta environmental group known as the Grupo Ecológico de Puerto Vallarta, A.C. has planted 150 trees along the Rio Pitillal, one of three rivers that flow through Puerto Vallarta. You’ll find many grassroots efforts to preserve and protect the Puerto Vallarta environment
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