Archive for the ‘Retirement’ Category
10749 W Tropicana Dr – Video
Posted: November 10, 2012 at 3:50 pm
10749 W Tropicana Dr
Sun City Arizona, remodeled beauty, 3 Bdrm, 2 bath is an absolute must see! The kitchen has been updated with oak cabinets, solid surface counters, microwave flat top electric stove. Decorator colors, lots of 18" tile, neutral carpet in the 3 bedrooms, breakfast bar, added media room, combination of kitchen/living dining rooms creates a true great room feel. These are just some of this homes outstanding features. Sun City Arizona is Del Webb #39;s first and foremost retirement community, must be 55 or better to live here! The covered patio is a perfect complement to the interior great room for entertaining family friends. The 2 Bathroom vanities have been replaced, 6 panel doors have been added, home has gas heat water heater, master Bdrm has 2 walk in closets, inside laundry the interior was repainted in 2012. This 2 bedroom, 2 bath home located in Sun City Arizona is worth the visit. Don #39;t wait! Call the Town Cryers today to view! Lew or Allison @ 602-402-4568 Sun City ArizonaFrom:TownCryers Lew Cryer Sandy CryerViews:0 0ratingsTime:01:37More inEntertainment
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10749 W Tropicana Dr - Video
Retirement survey reveals wishful thinking, blind faith
Posted: at 3:50 pm
A new survey on retirement saving suggests that too many younger Americans are relying either on wishful thinking or blind faith. There is a difference between the two, though they both lead down the same path.
A T. Rowe Price survey of investors between the age of 21 and 50 showed that most at least recognize the need to save for retirement. However, most are not taking adequate measures to finance a secure retirement.
The good news is that among the investors surveyed, 92 percent who can contribute to a 401(k) plan are doing so. However, here is where the wishful thinking and blind faith come in:
Remember, this was a survey of investors, so at least they have a leg up on people with no investments. The average American is probably even less prepared for retirement.
The alternative to relying on wishful thinking and blind faith is to have a sufficient retirement plan . While there are many details involved in financial planning, these three ingredients are essential to creating an adequate blueprint:
The T. Rowe Price survey is a valuable reminder that even people who have started saving for retirement could still be doing a few things better to prepare for the future. As for people who haven't even started to save, well, they could be doing everything better.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.
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Retirement survey reveals wishful thinking, blind faith
The upside of retirement worries
Posted: at 3:50 pm
Are you worried about retirement? If so, that may be a good thing.
Those concerned they may not have enough money to retire comfortably have plenty of company today. A recent survey by the Pew Research Center found that 38 percent of Americans are not confident that they will be able to afford retirement.
Why could that level of worry be a good thing? Because savings rates in the U.S. have been deficient for a very long time, an increased level of worry might indicate a heightened awareness of the problem. That awareness could be the first step toward addressing the obstacles that future retirees face.
Certainly, the trends indicated by the survey show there is plenty of cause for concern. Here are some major points:
While it's not enough just to worry about retirement , if it's the first step toward making a plan and improving savings rates, a little anxiety might prove to be constructive. Ultimately, you will likely find that the more action you take to secure your retirement, the less you'll have to worry.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.
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The upside of retirement worries
Retirement investing in uncertain times
Posted: at 3:50 pm
NEW YORK (Money Magazine) -- I'm 37, make $52,000 a year and have just begun putting money into a 401(k). With thirty years until retirement, I'm inclined to believe that a somewhat aggressive investing strategy will pay off in the long run. But given the immediate uncertainty in the economy and the market, am I better off investing in less risky funds in the short term? -- Erik, Brooklyn, N.Y.
If you're waiting for uncertainty, immediate or otherwise, to die down before you embark on your long-term investing strategy, you're going to have a long wait. Things are never certain in the economy and the market.
Whether it's concerns about the ability of a new Congress and a second Obama administration to get a handle on our massive budget deficit, worries about the effect Superstorm Sandy might have on future job growth, trepidation over the approaching fiscal cliff or anxiety stemming from the European debt crisis, uncertainty is a constant.
Or, to borrow a phrase from Gilda Radner's classic Roseanne Roseannadanna character from the early days of Saturday Night Live: "It's always something -- if it ain't one thing, it's another."
So the more important question you should be asking yourself is this: What kind of investor do you want to be, given that you'll always have to deal with uncertainty? As I see it, you have two choices: you can be a reactive investor or a systematic investor.
Reactive investors spend most of their time figuring how to rejigger their investments to take advantage of new developments on the investing scene or to prevent those developments from hurting them.
Related: Worried about the fiscal cliff: Should I sell?
If they see that inflation is ticking up or interest rates are starting to climb, they may shift money out of bonds and into gold or commodities. If they believe economic growth is weakening and the economy may be slipping into recession, they might get into defensive stocks or buy long-term bonds.
If you like making lots of moves with your investments, this is the right camp for you -- for the reactive investor, investing is a never-ending guessing game. There will always be something going on in the economy or the markets that will catch your attention and require action.
The downside is that it's tough -- I would say virtually impossible -- to make the right call consistently. Very often what seems like the obvious isn't. Back in early 2009, for example, the last place most investors wanted to be was in stocks, which had just plummeted nearly 60% from their 2007 high. Moving to bonds or cash seemed a more prudent bet. Of course, we now know that since that low, stock prices have climbed more than 100%, while bonds gained about 28% and cash returned less than 1%.
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Retirement investing in uncertain times
Retirement income: What’s wrong with the 4% rule
Posted: at 3:50 pm
When you finally reach your retirement date, one of your first questions will be: How much of my savings can I spend?
The standard rule of thumb for many years was 4%. Thats how much you supposedly could withdraw every year from your retirement accountseven on an inflation-adjusted basisand not run out of money.
Well, today, the conventional wisdom looks less clear. That rule of thumb, which was originally based on research done by Bill Bengen in 1994, has been scrutinized, criticized and even improved upon by many, including the likes of David Blanchett, the head of retirement research at Morningstar Investment Management.
The good part about the 4% rule is (that) it fixes your income through time, said Blanchett, who along with Farrell Dolan, a principal with Farrell Dolan Associates and John Olsen, the president Olsen Financial Group, spoke at a recent MarketWatch Retirement Adviser event in New York City. Its increased every year by inflation, but its based upon the initial value.
But the problem with that approach is that its based on a single point in time. You make the decision once, and you follow it for your entire retirement, said Blanchett, who recently co-authored a white paper on the subject of optimal withdrawal strategies for retirement-income portfolios. And thats kind of sub-optimal, because if we think about what happens when you move through time is things change. So as you age, youre going to live longer, potentially. If the markets go down, you could take out less income. ..The key to the 4% rule is that first its kind of a very basic starting point.
According to Blanchetts white paper, a significant amount of research has been devoted to determining how much one can afford to withdraw from a retirement portfolio, but surprisingly little work has been done on comparing the relative efficiency of different types of retirement withdrawal strategies.
In his study, Blanchett established a framework to evaluate different withdrawal strategies and then used that framework, in conjunction with Monte Carlo simulations, to determine the optimal withdrawal strategies for various fact patterns. Then he developed whats called the withdrawal efficiency rate, a measure that allows researchers to quantify the relative appeal of each withdrawal strategy to determine which one is best for generating retirement income.
Read Blanchetts paper.
As part of his study, Blanchett examined five different types of withdrawal strategies and found that the primary method employed by many (advisers), where a constant real dollar amount is withdrawn from the portfolio until it fails, is often the least efficient approach to maximizing lifetime income for a retiree.
So whats the best withdrawal strategy? According to Blanchett, the best one incorporates mortality probability, where the projected distribution period is updated based on the mortality experience of the retiree (or retirees) and the withdrawal percentage is determined based on maintaining constant probability of failure. Blanchett explains it this way in plain English: Every year the retiree is alive, figure out how much longer the retiree (or retirees) is (are) going to live. This is the mortality updating part. You do it every year because the longer you live the longer you are likely to live. An example is: The average life expectancy for a new born is something like 74 years. The average life expectancy for someone 65, though, is 85. This difference of 11 years (age 85 vs. age 74) is based on the fact that if youve survived to age 65 you are likely to live longer.
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Retirement income: What’s wrong with the 4% rule
Damon K. Roberts – Closing Remarks At SPHINC’s Second Debate – Video
Posted: November 8, 2012 at 11:46 pm
Damon K. Roberts - Closing Remarks At SPHINC #39;s Second Debate
Friday, April 22, 2011 Damon K. Roberts #39; closing remarks at the South Philadelphia HOMES Inc. second debate at Mt. Zion Pentecostal Church in Philadelphia. ----- Damon K. Roberts: bull; Husband and Father of two sons. bull; Real Estate Attorney, Small Business Owner. bull; Former High School Teacher and Coach. bull; Block Captain, Democratic Committee person. bull; Graduate of Harvard University and Howard University School of Law. Damon K. Roberts #39; Vision For Philadelphia: bull; Reduce Crime and Promote Clean Neighborhoods. bull; Increase Graduation Rates and Sponsor Positive Recreation to Engage Youth. bull; Promote job creation by supporting existing businesses and bringing new businesses to Philadelphia. bull; Sell City-Owned Vacant and Abandoned Properties. bull; Protect and improve the quality of life for senior citizens. bull; Restructure the City of Philadelphia #39;s Deferred Retirement Option Plan (DROP). Be a part of Team Roberts! Friends of Damon K. Roberts Post Office Box 6461 Philadelphia, Pa. 19145 Campaign Office: 1543 Dickinson Street (Corner, 16th and Dickinson Street) Philadelphia, PA. 19146 267-702-3111 http://www.damonkroberts.com E-mail: info@damonkroberts.com facebook.com/DKR2011 twitter.com/damonkrobertsFrom:WideEyedPicturesViews:34 0ratingsTime:03:48More inNews Politics
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Damon K. Roberts - Closing Remarks At SPHINC's Second Debate - Video
Damon K. Roberts – Democrat For Philadelphia’s City Council – Video
Posted: at 11:46 pm
Damon K. Roberts - Democrat For Philadelphia #39;s City Council
Damon K. Roberts: bull; Husband and Father of two sons. bull; Real Estate Attorney, Small Business Owner. bull; Former High School Teacher and Coach. bull; Block Captain, Democratic Committee person. bull; Graduate of Harvard University and Howard University School of Law. Damon K. Roberts #39; Vision For Philadelphia: bull; Reduce Crime and Promote Clean Neighborhoods. bull; Increase Graduation Rates and Sponsor Positive Recreation to Engage Youth. bull; Promote job creation by supporting existing businesses and bringing new businesses to Philadelphia. bull; Sell City-Owned Vacant and Abandoned Properties. bull; Protect and improve the quality of life for senior citizens. bull; Restructure the City of Philadelphia #39;s Deferred Retirement Option Plan (DROP). Be a part of Team Roberts! Friends of Damon K. Roberts Post Office Box 6461 Philadelphia, Pa. 19145 Campaign Office: 1543 Dickinson Street (Corner, 16th and Dickinson Street) Philadelphia, PA. 19146 267-702-3111 http://www.damonkroberts.com E-mail: info@damonkroberts.com facebook.com/DKR2011 twitter.com/damonkrobertsFrom:WideEyedPicturesViews:454 6ratingsTime:05:05More inNews Politics
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Damon K. Roberts - Democrat For Philadelphia's City Council - Video
Highway To Heaven Part 1 (01×01) – Video
Posted: at 11:46 pm
Highway To Heaven Part 1 (01x01)
Sep. 19, 1984 Highway to Heaven: Part 1 Jonathan Smith, an angel, arrives at a retirement home to help not only the occupants but also the administrator Leslie Gordon. However, Leslie #39;s brother Mark, a jaded and bitter former police officer, is suspicious of Jonathan.From:TvDona2012Views:0 0ratingsTime:45:11More inFilm Animation
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Highway To Heaven Part 1 (01x01) - Video
brian dawkins – Video
Posted: at 11:46 pm
brian dawkins
retirement ceremonyFrom:TheMrbeastasaurusViews:0 0ratingsTime:00:43More inPeople Blogs
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brian dawkins - Video
Homestead Village Pensacola FL – Video
Posted: at 11:46 pm
Homestead Village Pensacola FL
Homestead Village Pensacola FL http://www.localedge.com Assisted Living, Dementia Care, Alzheimer #39;s Care, Extended Care Living, Independent Living, and Retirement Community.From:LocalEdge2Views:0 0ratingsTime:01:26More inPeople Blogs
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