Retirement News

“Truck hit Dulce Saguisag's side first”

National Arroyo forms committee to select new poll chief President Arroyo has formed a special screening committee that will help her pick the new chairman of the Commission on Elections . via ABS-CBN News

“I've been calling all of the states, and nobody is 'fessing up. It's anybody's guess right now.”

Sub-prime market woes has CFO worried about state treasury Wall Street barons are dropping like flies, the Federal Reserve is trying to head off a recession panic and Florida's top financial cop is nervous. via Tallahassee Democrat

We are in our early 30s and would like to start saving and investing for retirement. via Bank Rate

“It's not sufficient for us to just finesse the issue because we're worried that, well, we might be attacked for the various options we present”

Democrat Barack Obama said Sunday that if elected he will push to increase the amount of income that is taxed to provide monthly Social Security benefits.

Obama and other Democratic presidential candidates previously have signaled support for this idea.

But during an interview on NBC's 'Meet the Press,' Obama said subjecting more of a person's income to the payroll tax is the option he would push for if elected president.

He objected to benefit cuts or a higher retirement age.

'I think the best way to approach this is to adjust the cap on the payroll tax so that people like myself are paying a little bit more and people who are in need are protected,' the Illinois senator said. Read more

A record number of senior homeowners are today using reverse mortgages as part of their retirement planning. via Buzzle.com

“I'll be in a lower tax bracket when I retire.”

Douglas Andrew has a new book out. "The Last Chance Millionaire: It's Not Too Late to Become Wealthy" was published in June. via Austin American-Statesman

I have confused you. Whenever I discuss a way to manage money in retirement, many of you see it as a recommendation. via Hartford Courant

Following 18 years as chief executive officer of the Omaha World-Herald Co. and publisher of Nebraska's largest newspaper, John Gottschalk announced last week he will step away from those duties at year's end. via Ralston Recorder

GenTek Inc. today announced results for the third quarter ended September 30, 2007. via PrimeNewswire

Political eons ago - last summer - congressional Democrats were promoting a populist campaign against supposedly evil hedge funds. via The Daily Mining Gazette

“Workers' savings entrusted to the GEPF and managed by the PIC and other private asset managers should not be used to further the narrow economic and political interests of the highly connected few.”

Regulars Interact Johannesburg, South Africa 10 November 2007 08:17 The retirement insurance industry needs to undergo a fundamental change, the National Education Health and Allied Workers' Union said on ... via Mail & Guardian

“There are too many things considered necessities today”

Q uick pop quiz: Is saving for retirement a want or a need? You might rush to say it's a need, and a pressing one at that, considering the dire warnings from the investment industry and retirement think tanks ... via Chicago Tribune

“I just want to get strong and healthy.”

QANTAS chairman Margaret Jackson predicts that the current "purple patch" in the world aviation industry could hit "turbulence" in a year or two. via News.com.au

“If somebody's got a better idea let them put it on the table”

Republican presidential hopeful Fred Thompson on Friday proposed reducing benefits promised to future retirees and establishing a system of voluntary personal retirement accounts under Social Security to help ... via The Modesto Bee

“People realize that 401(k)s and IRAs are the two most important vehicles for you to save for yourself”

Globe Newspaper Company Source: The Boston Globe Wordcount: 709 Bank of America Corp. via Insurance News Net

Most Canadians depend on three sources of income for their retirement needs - personal savings, private pension plans and government pensions. via Parry Sound North Star

Individual Retirement Accounts are a great investment tool in the longstanding battle to keep money out of the tax man's pockets. via Poughkeepsie Journal

SEATTLE, Nov. 3 LAWFUEL - Law Firm Newswire -- Keller Rohrback L.L.P. announces that it has commenced an investigation against Merrill Lynch & Co., Inc. via LawFuel.com

“Michael Nutter has said very clearly what he's going to do on day one”

Former City Councilman Michael Nutter - the reformist policy wonk with a ferocious work ethic - was elected mayor of Philadelphia yesterday. via Philly.com

Charlie Crist's top aide explained to officials of Brazil's state-owned oil company that the Florida governor canceled a previously scheduled meeting with them because the firm does business in Iran. via South Florida Sun-Sentinel