Last month, I was invited to make a presentation to a local Rotary club about trends in real estate and the economy. This was no dog and pony show with an eternal happy face. On the contrary, I warned the audience early on that, if they get easily depressed, this would be a good time to take their medication. In my opinion, there is very little of which to be optimistic about either the U.S. economy or real estate.Toward the end of my...more
The recent global financial crisis have made us think of various innovative ways to fight against monetary issues and deficiencies, apart from taking help of debt relief companies and their debt cure options like Debt settlement, credit counseling etc. Till date we have taken help of many known and renowned options like debt consolidation and debt management to tackle our debts, but how many of us actually spare a thought in comprehending our...more
An average worker from the middle class is bound to suffer a retirement income shortfall after quitting the workforce. This is mainly because he or she has only been able to save 7% or less of his or her projected nest egg, and will probably have to work well into retirement to make up for the deficit. Overall, workers from the middle-class bracket think that they will have to accumulate a minimum of $300,000 to live comfortably in retirement, and only have average savings of about $20,000, says a recently released Wells Fargo survey. The survey works with this definition of the older middle-class bracket: people ranging from 30-69 years of age, earning anywhere from $40,000-$100,000, and having investable assets worth $25,000-$100,000. Retirement finances director Laurie Nordquist says that while many Americans are worried about not having enough to retire on, most workers have no idea what to do with their expected shortfall of retirement income. This, she says, will obligate many to downsize their retirement lifestyles just to get by. The survey has also found that those with less time to go before retiring are still lacking in funds where participants from 50-69 years of age do...more
Myriad Investing Options For All Sections Of Interested Investors Gone were the days when people in India invested money in banks and assets and watched them grow poorly. With smart myriad investing options easily available, the number of investors has increased manifold in these new segments. These segments worth mentioning are the Indian...more
Most people know that when you start taking Social Security payouts influences how large your payouts are, and can impact the gap between your retirement expenses and expected income. Receiving benefits earlier than normal retirement age translates to smaller monthly payouts, and working up to 65 as you collect these benefits causes you to forfeit...more
Using some tools to help you get ready for retirement is not as difficult if you do not suffer from serious health conditions or have to leave the workforce due to company restructuring or downsizing. Before you use these tools, you will still need to assess the state of your retirement finances and know how much you will be receiving from Social Security, for example. Determining how much you will get from different sources of income should help you know if you are financially ready for retirement, after which you can consider adding on or cutting back on the following retirement tools:Guaranteed Sources of IncomePrior to actual retirement, you will need some guaranteed sources of cash to help you cover your basic retirement expenses. If you do not have a pension, you may depend on Social Security benefits, low-risk and fixed-income investments, and financial products such as annuities.Strategy for Distributing Your Retirement IncomeIf you have a number of comparatively higher-risk and higher-yield investments to add to what you make from your low-risk ones, you will have to calculate how much you will receive in overall gains and returns, compare the figure to your expected...more
Factors To Be Considered While Investing Looking for an online brokerage company that can give you good service? A google search will instantly transport you to a number of share stock trading sites. Before you sign up in such a company, do...more
If you need an experienced and trusted personal injury lawyer during this slick and snowy holiday season, call Meshbesher & Spence. Their experienced, compassionate and dedicated staff of Minnesota lawyers understand that complex cases require...more
Lawyers for Claims and Compensation If you have an injury at work or are in an accident it can be extremely debilitating and stressful; often you will be entitled to some form of compensation but many people do not feel like they have the time...more
There are many reasons why people leave the workplace, only to go back to work in retirement, while others work well into their senior years. Working in retirement or getting an encore career was a popular move for many older workers even before the...more
Minneapolis DWI Lawyer – Sensible Way to Handle DWI Arrest A good number of people do not realize that DWI arrest and charges in Minneapolis can result to life-time consequences if it is not handled by a professional – a Minneapolis DWI...more
SEO for Lawyers: The Way You Should Choose Your Keywords Lawyers have understood the importance of having a good looking website that well describes their practice areas. But having a website is not enough if users can not find it while...more