The attached article describes how the Baby Boomer generation is not like any previous retired generation. This is the generation of spending. They (business and community leaders) see an unprecedented, multibillion-dollar opportunity to offer new products and services to an active demographic group expected to live longer than previous generations. We will continue to see this generation work longer and spend more than previous generations.…
CONTINUE READING >Health Care Directive is a Living Will and Health Care Agent Next on my list after knocking down the Will was to appoint people for my care in the event I am incapacitated and not able to make health care decisions for myself. I read articles online and found some comments that I thought reflected my opinion of how I would like to be treated…
CONTINUE READING >An article from late 2012 is still relevant today, the Federal Reserve actions on interest rates while stirring economic activity has hurt those saving for retirement. As many of us know the Fed reduced interest rates to banks who in turn lent money to corporations and other borrowers at very low rates to stimulate manufacturing and the sale of goods and services. These lower interest…
CONTINUE READING >This Bloomberg Business Week article describes why banks want higher interest rates in 2014. By lowering its target interest rate to almost zero in 2008, the Federal Reserve allowed the banks to pay much less for the money they borrow to lend… Banks were able to borrower from the Fed at an interest rate of .25% and turn around and lend in my world of commercial real…
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