If you are a Baby Boomer, recent studies show that you probably haven't saved enough; or, if you have saved, you've done retirement planning in the wrong way," warns Douglas Andrew, author of the national bestseller, "The Last Chance Millionaire."
He also warns most Baby Boomers will find themselves in trouble, because they've lived long enough to make all of the retirement planning blunders created by using conventional "one-size-fits-all" strategies.
He went on to say, "It's like Boomers been driving down the road with one foot on the accelerated and the other unknowingly on the brake."
In fact, the ones who have saved like crazy and have paid off their home mortgage will actually be the ones who will be in critical condition at retirement.
On the show Doug Andrew showed how traditional saving and investment strategies often have people using short-term investments for long range goals, or worse still, using long-term investments for short-range goals
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Jay Aaron interviewed Douglas Andrew and you can hear it for free by going to:
http://insidesuccessradio.com/Guests/...
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Thursday, June 28, 2007
Retirement Planning for Boomers: The Power to Create Great Wealth
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Possible Responses to Rising Mortgage Foreclosures
"Miller speaks out on behalf of middle class homeowners in a House Committee on Financial Services hearing on 'Possible Responses to Rising Mortgage Foreclosures.' " Washington, DC -- At today's House Committee on Financial Services hearing on "Possible Responses to Rising Mortgage Foreclosures, " Rep. Brad Miller (NC-13) told the Committee that it should be the policy of this government to help people keep their homes and that owning a home is the "membership card" into the middle class.
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Relieve the Squeeze
Feeling the pressure of gas prices, insurance, taxes or the wrong morgage? Get an easy refinancing mortgage with Space Coast Credit Union and relieve the squeeze!
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Videos Sell Homes
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