Archive for the ‘Retirement’ Category
US candidates hope to sway senior voters – Video
Posted: November 5, 2012 at 9:50 am
US candidates hope to sway senior voters
http://www.youtube.com News Video Network Plz Subscrib for Latest World News The financial crisis in the United States witnessed years of retirement savings wiped out and house prices plummet. More seniors are now helping their unemployed adult children and even paying for their grandchildren #39;s education. Al Jazeera #39;s Rob Reynolds looks at what #39;s likely to sway the senior vote in the upcoming presidential election.From:NewsVideoNetworkViews:0 0ratingsTime:02:36More inNews Politics
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Planning for Retirement? Don’t Forget Health Care Costs
Posted: at 9:50 am
ITS not news that health care costs are increasing. Yet several recent studies show that few people factor those rising costs into their retirement plans.
Consider this example from an annual report from Fidelity Investments: For a 65-year-old couple retiring this year, the cost of health care in retirement will be $240,000, 6 percent more than that same couple retiring in 2011 would pay. The report assumes that the man will live 17 years and the woman 20.Most people dont realize Medicare covers much less than traditional employer plans, Sunit Patel, senior vice president in Fidelitys benefits consulting group. The $240,000 number captures the Part B premium for physician services, Part D for prescription drugs. Then there are deductibles and coinsurance, and benefits that are not covered like vision exams, hearing aids.
Another study, this one from Nationwide Financial, found that people who were near retirement routinely and wildly overestimated the percentage of health care costs covered by Medicare. It covers only 51 percent of health care services, according to the Employee Benefit Research Institute.
Robert L. Reynolds, president and chief executive of Putnam Investments, which has its own study, bluntly summed up the situation at a recent news briefing. It makes no sense at all to talk about retirement savings or lifetime replacement income without talking about health care expenses, he said.
A calculator developed by Putnam, called the Lifetime Income Replacement Tool, shows people not only how much they have saved but also how much they need to save depending on their health (cigarette smokers with diabetes need to save the least because their life expectancy is the shortest) and where they plan to retire (Louisiana is the cheapest, Alaska the most expensive) so they can live at their same income in retirement.
Moving to cheaper and possibly warmer climates is something many retirees naturally do. But while someone may be willing to move to Florida to reduce state taxes and avoid the ice and snow of the north, most people have so little awareness about the costs of health care in retirement that those costs are probably not a driving factor.
Carol and Richard Bechtel had worked in the San Jose, Calif., area, she for Stanford University and he at various technology companies. When it came time to retire in 2006, they put a lot of thought into where they wanted to live. They picked a community in Fairfield Glade, Tenn.
Cost of living was a factor. They were able to sell their home of 37 years in San Jose, pay cash for a house on a golf course, and still have money left over to put in their retirement account. Quality of life also mattered. By their account, the Bechtels are thoroughly enjoying their new community and friends. Mr. Bechtel found a hangar close to their home for his airplane, and they are closer to their son and three granddaughters in Wisconsin.
But when it came to knowing their health care expenses in retirement, they were pretty typical: they had to check on what the exact costs were. Their premiums, between Medicare, a supplementary policy through Stanford and a dental plan, will cost them $9,058.80 this year. That is a whopping 14 percent increase from the same policies in 2011. And that number does not include any out-of-pocket medical expenses, like co-payments or the costs of over-the-counter medications.
Health premiums are probably one of our biggest expenses, Mrs. Bechtel said.
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Planning for Retirement? Don’t Forget Health Care Costs
An Estimate for Needed Retirement Savings
Posted: at 9:50 am
Eleven times your final working salary.
That's how much an average worker needs beyond Social Security payments, from sources like personal savings and employer benefits, to pay for retirement at age 65, a new analysis from the benefits consultant Aon Hewitt finds. The estimate takes into account inflation and post-retirement medical costs. And it is based on the retiree continuing to maintain the same standard of living.
Delaying retirement to age 67 reduces the amount to 9.4 times pay, while retiring earlier, at age 62, increases it to 13.5 times pay, the report said.
The analysis, which examined the projected retirement levels of about 2.2 million employees at 78 large companies in the United States, found that most employees are not on track to meet the goal of 11 times pay, although many are doing a bit better than they were a couple of years ago.
Most "full-career" employees are on track to save 8.8 times their final pay, leaving a shortfall of 2.2 times pay, the analysis found. That's a bit better than the shortfall of 2.4 times pay in 2010. Full-career employees are those who have a potential career of 30 years or more with their current employer before retirement, and who are currently saving in their defined-contribution retirement plan, like a 401(k).
Workers need to save more, however, to close the gap.Or employers could provide more generous contributions.(Companies without traditional pension plans generally contribute about 6 percent of pay to employees' retirement each year.) Fewer than 30 percent of full-career employees are on track to achieve adequate retirement income, Aon Hewitt found.
How much of your income are you saving for retirement? Do you think 11 times your pay is achievable?
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An Estimate for Needed Retirement Savings
Population Change And Rural Society – Video
Posted: November 3, 2012 at 5:46 pm
Population Change And Rural Society
ll4.me Population Change And Rural Society Rural America through a Demographic Lens.- The Rural Rebound and its Aftermath.- Changing Faces of Rural America.- Changing Livelihoods in Rural America.- Fifty Years of Farmland Change.- Changing Fortunes.- Hispanic Population Growth.- Social Integration of Older Inmigrants in Nonmetro Retirement Destination Counties.- Agricultural Dependence and Population Change in the Great Plains.- Gaming, Population Change and Rural Development on Indian Reservations.- Urban Sprawl and Rural Economic Transformation in the South.- Changing Land Use Patterns in the Rocky Mountain West.- The Effect of Seasonal Homes on Indicators of Rurality.- Housing Affordability in the North Woods of Minnesota, Wisconsin, and Michigan.- Social Change and Well Being in Western Amenity-Growth Communities.- Community Evaluation and Migration Intentions: The Role of Attraction and Aversion to Place on the Northern Great Plains.- Persistent Poverty and Inequality in Appalachia.- Welfare Reform Amidst Chronic Poverty in the Mississippi Delta.- The (Re-)Emergence of Spatial Demography.- Policy Implications of Rural Demographic Change. EAN/ISBN : 9781402039027 Publisher(s): Springer Netherlands Discussed keywords: Agrargesellschaft, Bevlkerungsdynamik Format: ePub/PDF Rural America through a Demographic Lens.- The Rural Rebound and its Aftermath.- Changing Faces of Rural America.- Changing Livelihoods in Rural America.- Fifty Years of Farmland Change.- Changing ForFrom:leswatkins871Views:0 0ratingsTime:00:04More inPeople Blogs
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Boléro-Maurice Ravel-bekhit – Video
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Bolro-Maurice Ravel-bekhit
Bolro is a one-movement orchestral piece by Maurice Ravel (1875--1937). Originally composed as a ballet commissioned by Russian ballerina Ida Rubinstein, the piece, which premiered in 1928, is Ravel #39;s most famous musical composition.Before Bolro, Ravel had composed large scale ballets (such as Daphnis et Chlo, composed for the Ballets Russes 1909--1912), suites for the ballet (such as the second orchestral version of Ma Mre l #39;Oye, 1912), and one-movement dance pieces (such as La Valse, 1906--1920). Apart from such compositions intended for a staged dance performance, Ravel had demonstrated an interest in composing re-styled dances, from his earliest successes (the 1895 Menuet and the 1899 Pavane) to his more mature works like Le tombeau de Couperin (which takes the format of a dance suite). Bolro epitomises Ravel #39;s preoccupation with restyling and reinventing dance movements. It was also one of the last pieces he composed before illness forced him into retirement: the two piano concertos and the Don Quichotte Dulcine song cycle were the only compositions that followed Bolro.From:bekhit kaldasViews:4 0ratingsTime:15:27More inMusic
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Boléro-Maurice Ravel-bekhit - Video
Investor Mahakhumb – Video
Posted: at 5:45 pm
Investor Mahakhumb
This festive season, CNBC Awaaz brings you the foremost experts from the country #39;s leading financial institutions on the same platform so you can ask your most pressing investment-related questions and let prosperity be your biggest catch. The experts will address relevant issues related to saving, mutual funds, insurance, retirement planning, commodities, tax planning and alternative investment.From:cnbcawaazViews:0 0ratingsTime:03:01More inNews Politics
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Investor Mahakhumb - Video
Avoid Foreclosure Hell! – Video
Posted: at 5:45 pm
Avoid Foreclosure Hell!
ll4.me Avoid Foreclosure Hell! More and More People Are Facing The Prospect Of Foreclosure. Do Not Become Another Statistic, Avoid Foreclosure Hell Get Your Life Back! Dear Friend, Chances are that you, like other people, are aware of the problems in the real estate market. Foreclosures are at a record high. You may even have been suffering from foreclosure fever a little yourself. Perhaps you have a loan with an adjustable rate that has gone up sky high? If thats the case, then you may be struggling to make your mortgage payments and wondering if you will soon be joining the dismal statistics of those who are in foreclosure. In some states, such as California, Florida and Nevada, foreclosures run into the hundreds of thousands. Perhaps you recently lost your job and are having a hard time finding another job. The unemployment rate has been sky high lately. If you are one of the unlucky people who has found themselves out of work and is now struggling to make the mortgage payments, you may be worried about foreclosure and looking for ways to avoid foreclosure. Or perhaps you are one of the folks who was preyed upon by lenders who wanted to give you a loan that you really couldnt afford but took after some smooth talking. Now the rate of the loan has gone up and you are scrambling to try to make the payments. Like you, I struggled to pay my mortgage. I had a loan that was an adjustable rate mortgage and then I lost my job. It was a double whammy and I was really ...From:robertjump325Views:0 0ratingsTime:00:15More inPeople Blogs
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Leo Durocher – Wiki Article – Video
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Leo Durocher - Wiki Article
Leo Ernest Durocher (in French Lo Ernest Durocher) (July 27, 1905 -- October 7, 1991), nicknamed Leo the Lip, was an American infielder and manager in Major League Baseball. Upon his retirement, he r... Leo Durocher - Wiki Article - wikiplays.org Original @ http All Information Derived from Wikipedia using Creative Commons License: en.wikipedia.org Author: Press Association Image URL: en.wikipedia.org Licensed under:This image is ineligible for copyright and therefore is in the public domain, because it consists entirely of information that is common property and contains no original authorship., This work is in the Public Domain., This work is in the public domain in the United States. Author: Goudey Image URL: en.wikipedia.org Licensed under:This image is ineligible for copyright and therefore is in the public domain, because it consists entirely of information that is common property and contains no original authorship., This work is in the Public Domain., This work is in the public domain in the United States. Author: unknown Image URL: en.wikipedia.org Licensed under:This image is ineligible for copyright and therefore is in the public domain, because it consists entirely of information that is common property and contains no original authorship., This...From:WikiPlaysViews:0 0ratingsTime:19:55More inEducation
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Firuza: Gipsy scene, followed by Drum Solo – Video
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Firuza: Gipsy scene, followed by Drum Solo
Retirement home, London. http://www.RedGlassSky.comFrom:RedGlassSkyViews:0 0ratingsTime:08:32More inEntertainment
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Firuza: Gipsy scene, followed by Drum Solo - Video
Skyfall – Silhouette – Video
Posted: at 5:45 pm
Skyfall - Silhouette
Album List: 1. Grand Bazaar, Istanbul 2. Voluntary Retirement 3. New Digs 4. Severine 5. Brave New World 6. Shanghai Drive 7. Jellyfish 8. Silhouette 9. Modigliani 10. Day Wasted 11. Quartermaster 12. Someone Usually Dies 13. Komodo Dragon 14. The Bloody Shot 15. Enjoying Death 16. The Chimera 17. Close Shave 18. Health Safety 19. Granborough Road 20. Tennyson 21. Enquiry 22. Breadcrumbs 23. Skyfall 24. Kill Them First 25. Welcome To Scotland 26. She #39;s Mine 27. The Moors 28. Deep Water 29. Mother 30. AdrenalineFrom:Manon DenessenViews:0 0ratingsTime:00:57More inMusic
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Skyfall - Silhouette - Video