All News Content http://www.boomermarketadvisor.com/p/pweb/rssSubscribe.php Thu, 04 Dec 2008 16:02:04 +0100 FeedCreator 1.7.2 http://www.boomermarketadvisor.com/images/t/bmaMagTheme/bma-logo-rss.gif http://www.boomermarketadvisor.com/r/bmaMag/d/main Boomer Market Advisor RSS Feed http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=d7ede952addcb477db13e9df75cbd56d How does retirement effect married couples? AARP's new survey on the matter reveals some surprising, and some not so surprising trends. Of the more than 1,000 people age 55 to 75 who responded, 64 percent found adjusting to their retirement is exactly what they expected. Only 12 percent found it harder and 23 percent found it easier. Jenny Ivy Wed, 03 Dec 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=986894aaea2bc2e96a2b54e7bf5b8e36 Retailers are having a hard time reeling in boomer women during the economic slump as most women are spending not on themselves, but on their family. According to a writer for huliq.com, "One thing is for certain, in times of economic stress, Baby Boomer women turn inward to purchases of necessity. Certain luxury items of the past are now put on hold as the pure survival of the family unit is given priority." Jenny Ivy Wed, 03 Dec 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=028f0593d56ec63630b0ff14079b47f5 College or retirement? That's the question facing boomers struggling to decide where to cut their budget. "I've seen too many horror stories where people feel this obligation to pay for their children's college ... Jenny Ivy Tue, 02 Dec 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=d8994312b6246730a2bc75f80cd02297 Knee-replacement surgery is being done on boomers more than ever before, NBC reports. NBC cites studies by the American Academy of Orthopedic Surgeons that from 1998 to 2005 ... Jenny Ivy Tue, 02 Dec 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=88c38473caee0e1d322dc41cb08dd04d High-tech home models are giving boomers a glimpse of what "assisted living" will be like 20 to 30 years from now. The Mercury News in Silicon Valley highlights a new demonstration house in Sacramento, which paints a picture of future senior living ... Jenny Ivy Tue, 02 Dec 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=83883f12a671407b2a1fda8a17e5bd08 Not surprising, boomers are staying frugal this holiday season. The Thrivent Financial Market Volatility Survey, a national survey of 947 boomers, reveals 63 percent expect to cut back on overall spending through the holidays due to market concerns. Jenny Ivy Mon, 01 Dec 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=f63fa1f3d0da8826e10aef304ba0423e Vacancy rates are rising fast within senior communities nationwide amidst an unparalleled financial crisis. "From Florida to Arizona, condos are sitting idle as potential buyers find themselves stuck, unable to sell their houses and relocate," reports the Wall Street Journal. Jenny Ivy Mon, 01 Dec 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=3c1d1fefc2374cda438278605ba0654a Insurance companies are beginning to retool their variable annuities to offer less-generous benefits, possibly at higher costs. The Wall Street Journal reports these changes stem from falling markets that can make it harder for insurers to meet the investment guarantees frequently built into these products, which are tax-advantaged mutual-fund-like financial offerings that often promise a minimum return. Jenny Ivy Wed, 26 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=ca520f02b18dcc5a115007fc9c2c3d63 U.S. News & World Report reveals 10 low-tax locations for great retirement: Jenny Ivy Wed, 26 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=dd9a43bf75618c9deed747753d2f1efd For boomers, environmentalism is not a dead movement. In fact, consumers 55 and older are the most prolific users of green products in the United States, according to survey results released by ICOM Information & Communications. Jenny Ivy Tue, 25 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=ad70045a26bbb2f775ac4810a4d66a22 New data suggests public pension plans are "well situated" to recover from the current financial crisis. "As the global financial crisis brings a renewed focus on retirement security, the report findings provide confidence in the management of retirement assets held by state and local pension funds," Jenny Ivy Tue, 25 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=a6c15c4865b5cb2a892ba92bd5918809 Say goodbye to wirehouses. "This year's market turmoil is reshaping the retail brokerage industry, with big national companies being replaced by bank-brokerage conglomerates, independent advisors and online discount shops," writes Annie Gasparro of the Wall Street Journal. Jenny Ivy Mon, 24 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=8b2dc6226dd79a1fbdd9aa7a1f2f7934 The average 401(k) is down 14 percent this year, according to Hewitt Associates, which released a study that found workers are increasingly cautious about investing in corporate retirement funds. Jenny Ivy Mon, 24 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=930962d0c9e7ba58dee807bd5adede9f What's bothering boomers at work? According to a new TeeBeeDee.com study, a possible layoff is the biggest stressor, followed by the value of their 401(k) plans. Jenny Ivy Fri, 21 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=e61f6841f0ee25610e2e1aef5d363ff5 Four out of five investors believe that the world will continue to experience recession over the coming year. Jenny Ivy Thu, 20 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=3a3e1727fa5a4088ec1ac24acfa47ffb With the volatility of the stock market (which fell to a new 5-year low today), it's no wonder the top financial priority for Americans is guaranteed income. Jenny Ivy Thu, 20 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=6060df529ac0fe6d45d150b707fe540e What will the world look like for boomers 30 years from now? They will be looking at spending $750,000 to $1.2 million for a three- to five-year long term care event. Jenny Ivy Thu, 20 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=c9ea87f2a1fe5cafd8d97c2bf3c3149b Boomer women place a higher value on word-of-mouth advertising than their younger counterparts, according to a recent study by Prevention and Keller Fay Group. Danielle Andrus Tue, 18 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=fc6fcd08841167b7c52fb9b6a111c25d WASHINGTON /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi and Senate Majority Leader Harry Reid announced today the appointment of three members to the Congressional Oversight Panel ... Jenny Ivy Mon, 17 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=e286ea2d87b9304aaf9ebc08cb8cabd6 The economic crisis is forcing boomers to forgo long-term care insurance, according to a new a new survey by the nonprofit LIFE Foundation. Jenny Ivy Mon, 17 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=7217576a1c881bd51b54fe11a7859812 November 16 to 22 is Long Term Care Awareness Week. Jenny Ivy Mon, 17 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=6a207b64d0c70b4940698944a1e0e9de Banks and brokerages around the world have cut more than 200,000 jobs since the collapse of the subprime mortgage market last year; today, Citigroup was the latest to announce it will eliminate jobs -- 50,000 in fact. Jenny Ivy Mon, 17 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=65690050be4d620fc42870a1d4805e97 Hedge funds are losing steam, according to Morningstar research. Jenny Ivy Thu, 13 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=1f4ca094dd8b38734e2e130f54123a37 Life insurance companies have until Friday to request help under the Troubled Asset Relief Program (TARP), but only about half of the industry will be allowed to apply as the Treasury has said life insurers must be affiliated with banks or thrifts that are regulated at the federal level. Jenny Ivy Thu, 13 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=139d1e047e39831ef859c0cb10d78b12 DOW JONES NEWSWIRES -- The following is a list of companies announcing plans to participate in the U.S. government's capital purchase program, Jenny Ivy Tue, 11 Nov 2008 10:30:00 +0100