All News Content http://www.boomermarketadvisor.com/p/pweb/rssSubscribe.php Mon, 01 Dec 2008 12:02:03 +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=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 great retirement: Jenny Ivy Wed, 26 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=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=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=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=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=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=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=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=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=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=8b45505cfbc5ff2b564c83376e1e90a9 A recent national survey by Morningstar and Barron's shows both institutions and advisors want alternative investments that are liquid, transparent and regulated like traditional investments. Jenny Ivy Tue, 11 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=7391ed7562bb29e62c987be0d851861b Bank wealth managers say they will be forced to adjust their strategies when Sen. Barack Obama takes office next year ... Jenny Ivy Tue, 11 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 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=42305bee88b5ca6fbc576db4b63912f0 Bloomberg News has filed a federal lawsuit seeking the disclosure of details regarding almost $2 trillion in emergency loans from American taxpayers. Jenny Ivy Mon, 10 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=b4d6e5ef48c9ced6832c722c59dbf30f For the first time in 15 weeks, mutual funds saw significant inflow. Jenny Ivy Mon, 10 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=182eac7c37f077da9dac7cccd53f1f30 Funding ratios at the typical U.S. corporate pension plan fell 3.7 percentage points in October as stocks had their worst month since 1987, according to BNY Mellon Asset Management. Jenny Ivy Thu, 06 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=a66ca7ac068776defa2e2bcbb51f984b New research from McKinsey Global Institute (MGI) shows, given the recent economic crisis, it's actually better for boomers to work longer. Jenny Ivy Wed, 05 Nov 2008 10:30:00 +0100 http://www.boomermarketadvisor.com/r/bmaMag/d/contentFocus/?adcID=cf01a2df4b644aca65d07492eabcb595 Retirees are not spending their defined contribution balances immediately at retirement, and are making thoughtful choices in how to spend those funds, according to new research from the Investment Company Institute. Jenny Ivy Tue, 04 Nov 2008 10:30:00 +0100