Bank Refuses to Cancel Credit Card Subscription Payment

Banks are not obligated to carry out your instructions to cancel credit card subscriptions. This is a little off topic but very relevant to Baby Boomers who are likely to subscribe to various services like health clubs. But it is still relevant to protecting your nest egg in retirement. Here is a story that explains […]

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Fixed Income and Collateralized Mortgage Obligations

Do you know what fixed income investments you have and what they are invested in? The Collateralized Mortgage Obligations which include sub-prime mortgages have not just disappeared. If you don’t know what happened here is a brief explanation courtesy of LawyersandSettlements.com from their article entitled “Retirement Fund Rip-Off“. The article was written in November 2007 […]

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$20,000 Average Commission for Annuity Salesperson

I have said on this blog that the Wealth Management Industry want a slice of the $40B they believe we Baby Boomers have. We will become their primary source of income if we don’t watch out. Once again I will qualify this by saying that not all wealth managers are like this. It’s still a […]

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Baby Boomers Thank you for the great response

In my last post I asked for some feedback on whether this blog was proving of value to Baby Boomers because it is not an easy niche to get visitors. If it was “weight loss” or “how to make money” the story may well be different. But I chose the niche because I wanted to […]

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Baby Boomers Can I ask for Your Help Please?

I have been working hard on the Blog for three months. I’ve written a 60 page eBook about some really important information Baby Boomers should know. I’ve just completed a 30 page report and a spreadsheet called “What if a Baby Boomer retired in 2000”. I also aim to write a post every day which […]

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Baby Boomers – How to select a Good Financial Advisor?

How does a Baby Boomer find a good financial planner? This is an important question and should not be taken lightly because you may have a relationship with them for 30 years or more. So you need to do your due diligence on anyone you select. There are plenty of Internet articles on selecting a […]

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Baby Boomers – Go wherever the good financial planners are

Good financial planners are hard to find. I define a good financial planner as one who is working to protect your nest egg in retirement and avoid large losses. They are people who actively manage your nest egg and know how important it is to preserve your capital so it can earn money for you […]

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Baby Boomer – Financial Planners using 3-6-9 Bogus numbers

Many in the financial planning industry have what is called the 3-6-9 method for calculating a Baby Boomers retirement income. What do the numbers mean? They assume there is 3% inflation, 6% return on fixed interest and 9% return on equities. They plug these bogus numbers into their models and add a bit of risk […]

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