AARP Finance

AARP Finance - The 401(k) retirement saving plans used by AARP members was formed 30 years ago and until recently was showing good returns for AARP member who could afford to invest in them.

Many AARP members benefited from match contributions from their employers, but a growing number of companies are now reducing or abandoning matching contributions, which will have a disastrous consequences for those AARP members who are nearing retirement.

Here are some examples of companies who have changed their contributions

Dollar Thrifty Automotive Group Inc saved themselves $1.8 million by suspending matching 6% contributions during fist six months of this year.

General Motors Corp suspended 4% matching contributions.

Frontier Airlines Holdings Inc - Spokeswoman Lindsey Purves said the company discontinued its match June 1 as part of its effort to cut costs as it works its way through Chapter 11 bankruptcy protection. Company put in 50 cents for each dollar employee contributed up to 10 percent of pay.

The double whammy of large loss of value in the 401(k) plans which will perhaps take 5 years or more to recover and the need to contribute more due to the loss of company contributions will result in AARP members needing to delay their retirement date because they cannot afford to retire.

Some AARP members are beginning to think outside the box and looking to set up home based businesses to circumnavigate the shortfall but even plans such as Tomorrows Home business take some years to produce sufficient money to retire on, there is no quick fix.

David Ogden -Tomorrows Home Business
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AARP

AARP Finance - The Bank of England today announced its single largest interest rate drop since 1981. The reduction of 1.5% was welcomed by the trade unions, Confederation of small businesses and the House builders Council.

Lloyds TSB announced that it will pass on the full amount of the rate cut from 1 December. Other banks are set to follow suit. This follows rate cuts in USA, Japan and Australia. It is also likely that other central banks will announce reductions in the near future.

European Central bank cut rates by 0.5% and Korea is expected to announce a rate reduction tomorrow.

Stock markets around the world had a bad day however which indicates there is a no quick fix the the worlds financial woes.

If AARP members are looking for ways to increase their income, they perhaps need to take matters into their own hands and consider starting their own business or at least associate themselves with a business that is still making money.

Changes in administration following the election of Obama will affect how aid packages and financial rescue plans approved and in the pipeline will be implemented and it is expected that national dept will continue to increase as the USA still need to support companies and AARP home owners and it is perhaps this matter which is holding back a recover on the stock market.

David Ogden -Tomorrows Home Business
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AARP Finance

The problem now for the likes of AARP members is that that a town house in the 70's cost around $20,000 but is now valued at at $ 2 million and there is now way wages could have ever kept up.

All right now recommended borrowing for AARP members is between 25%-30% of the gross monthly household income says Lawrence Yun, chief economist for the National Association of Realtors in Washington. But some AARP members have taken out low cost start up finance which escalates over time and so are now needing to set aside 40-50 percent of their gross monthly income to cover housing costs.

AARP members are not alone around the world house prices increase faster than wages and many countries such as the UK have seen property prices crash leaving negative equity situations. Maybe speculators who drove the markets up will suffer losses but many other innocent AARP members will also suffer as well.

David Ogden -Tomorrows Home Business
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AARP

AARP Finance - It seems that if Obama and Democratic Congress win , all AARP middle and upper middle class retirement plans would be at risk, not just the "rich".

A 28% Gains tax on profit from ALL home sales.

How does this affect AARP members ? If you sell your home and make a profit, you will pay 28% of your gain on taxes. If you are heading toward retirement and would like to down-size your home or move into a retirement community, 28% of the money you make from your home will go to taxes. This proposal will adversely affect AARP members who are counting on the income from their homes as part of their retirement income.

DIVIDEND TAX

Increase from 15% to 39.6% How will this affect you as a member of AARP. If you have any money invested in stock market, IRA, mutual funds, college funds, life insurance, retirement accounts, or anything that pays or reinvests dividends, you will now be paying nearly 40% of the money earned on taxes when Obama become president. The experts predict that 'higher tax rates on dividends and capital gains would cause the stock market to fall again and delay long term recovery.

Increased tax rate for home sales - would be detrimental for those AARP members downsizing and planning to use proceeds for retirement and other purposes.

Energy use and consumption taxes such as for homes over 2400 square feet and on all fuel. Well intentioned, but definitely would fall heaviest on those less able to decrease their energy usage through higher efficiency appliance purchase or AARP members having less disposable income.

David Ogden -Tomorrows Home Business
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AARP Finance

AARP Finance - Now is the time to start buying stocks according to experts.

"If you buy now and wake up in 10 years, you'll probably get a return around the historic average," said Yale economist Robert Shiller. In the near term, however, Shiller - who correctly predicted the implosion of the stock-market and real-estate bubbles - is more cautious. "There is a substantial risk that with all this economic turmoil, stocks will fall far lower," he warned.

The key information for AARP members is to look long term. Many stocks have good Price over Earnings ratios or earnings yield of 15.7 which is good for a long term profitable return.

Research by economist and hedge fund manager Cliff Asness shows that buying in at a P/E usually leads to poor returns, while grabbing stocks at a low P/E - less than 16 is a reliable route to riches.

Members of AARP will find that they will get around a 9% return when adjusted for inflation, which is better that the last 10 years average, however to get this level of return you will also need a dividend yield of 4.5%.

An alternative way of earning a good return is for AARP members to set up a home based business using a model/plan developed by Economist Dr Raymond Jewel at Tomorrows home business who holds weekly online presentations at http://www.tomorrowshomebusiness.com/Conference_Room.html

David Ogden -Tomorrows Home Business
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AARP Health

AARP Health offers information on many diverse health subjects such as the following advice on screening tests: What You Need and When.

Health experts from the U.S. Preventive Services Task Force have made these recommendations, based on scientific evidence, about which screening tests you need and when to get them.

Abdominal Aortic Aneurysm. If you are between the ages of 65 and 75 and have ever been a smoker, talk with your doctor about being screened.

Colorectal Cancer. Have a test for colorectal cancer. Your doctor can help you decide which test is right for you.

Depression. Your emotional health is as important as your physical health. If you have felt "down," sad, or hopeless over the last 2 weeks or have felt little interest or pleasure in doing things, you may be depressed. Talk to your doctor about being screened for depression.

Diabetes. Have a blood test for diabetes if you have high blood pressure.

High Blood Pressure. Have your blood pressure checked at least every 2 years.High blood pressure is 140/90 or higher.

High Cholesterol. Have your cholesterol checked regularly.

HIV. Talk with your doctor about HIV screening if any of these apply:

• You have had sex with men since 1975.
• You have had unprotected sex with multiple partners.
• You have used or now use injection drugs.
• You exchange sex for money or drugs or have sex partners who do.
• You have past or present sex partners who are HIV-infected, are bisexual, or use injection drugs.
• You are being treated for sexually transmitted diseases.
• You had a blood transfusion between 1978 and 1985

Obesity. Have your body mass index (BMI) calculated to screen for obesity. (BMI is a measure of body fat based on height and weight.) You can find your own BMI with the BMI calculator from the National Heart, Lung, and Blood Institute at: http://www.nhlbisupport.com/bmi/.

Sexually Transmitted Infections. Talk to your doctor about being tested for sexually transmitted infections.

A Note on Other Conditions. Every body is different. Always feel free to ask your doctor about being checked for any condition, not just the ones above. If you are worried about diseases such as glaucoma, prostate cancer, or skin cancer, for example, ask your doctor. And always tell your doctor about any changes in your health, including your vision and hearing.

AARP health provides free information and resources to help resolve problems for its members

David Ogden -Tomorrows Home Business
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AARP Financial

AARP - Financial: OPEC is unwilling to help out IMF

OPEC Secretary-General Abdullah El-Badri said it was "surprising" that the cartel's member countries were being asked to step in.

"This crisis created in the (United) States must be solved within the States," he told the same gathering, in contrast to Brown's repeated statements that the current financial turmoil was a global problem that required global solutions.

Gordon Brown the UK Prime Minister is visiting the Middle East seeking support despite earlier blasting OPEC for reducing oil output to maintain a high oil prices.

China is another country which could come to the aid of the IMF but this could prove a costly move as are likely to insist on a greater share of political power.

Debt is a major problem for AARP members some of whom hope that recent request by lenders to be allowed to reduce outstanding credit card dept by up to 40% on a case to case basis may help to improve customers financial situations will be agreed. They may have to wait until after the election.

David Ogden -Lose Weight USA
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AARP

AARP Financial - The roller coaster week that has seen Oil prices fall by $2 a barrel has ended. For the fist time in two years USA oil consumption has dropped as belts are tightened to ward off economic decline. Hopefully for AARP members winter fuel cost will also be reduced.

Japan joined the growing number of countries forced to step in and and support their economy with a $243 billion aid package which includes fixed sum benefits of $600 for a family of four.

Major countries around the world are cutting interest rates to kick start a recovery, but this could have mixed results for AARP members as saving rates will also move downwards. There is growing concern as to how all these aid packages are going to be funded at the end of the day governments will be forced to balance the books which is likely to mean an increase in taxes.

One piece of good news for AARP members is the 5.8% increase in social security benefits that will be paid next year, one of the highest increase on record due to inflation during the current year.The average monthly payment for retirees is $1,090. In January it will rise to $1,153.

David Ogden -Tomorrows Home Business
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AARP

AARP Finance - AARP chief executive officer Mr Novelli has recently written to Secretary of the Treasury to demand that mandatory withdrawals from 401(k)retirement plans for people over 70 be cancelled due to the current financial crisis.

Currently AARP members over 70 are forced to withdraw a minimum amount each year (by 31st DEC) from their retirements plans based on the value of the plan at the end of the previous year. Failure to withdraw the minimum amount incurs a 50% tax charge. Due to the stock market upheaval some fund may have lost up to 40% of their value and and is not the time to be forced to cash in hard won savings.

Some AARP members financial difficulties could on the other hand be helped also if the 20% early with withdrawal funds from 401(k) plans was temporarily withdrawn, which would release much needed cash.

Withdrawing money from retirement funds is not to be taken lightly as is reduces expected income in retirement and at the moment most funds are at rock bottom they will take some time time perhaps years to reach their previous highs.

One alternative for AARP members to putting money into a retirement plan is to invest it in a successful joint venture such as promoted by Tomorrows Home Business which over a period of ten years can provide a 15% returns way above the interest earnt by placing money on deposit The secret of creating money is to make best use of investments which compound results.

Ogden -Tomorrows Home Business
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AARP

AARP Financial news today is is generally good, with markets around the World generally moving upwards as the USA lowered it base rate to 1%, it lowest ever. AARP members and others who have loans or finances will hopefully see up to 0.5% reduction.

Consumers in Iceland have recently seen interest rates rise to 18% a jump of 6% following the $2 Billion loan form the IMF.

Hungary yesterday was also bailed out by the IMF to the turn of $28 Billion and the news prompted a rise in both their currency and stock market.

AARP members should be aware that the costs of any rescue package has to be paid by someone, as Icelanders now know its going to be a long hard winter.

House holders in the UK are still struggling with some 70% of owners having to face the fact that the continued fall in house prices resulting in their loans exceeding the value of their houses. Perhaps and interest rate cut her might help, but at the moment no institutions are lending money.

The main question on the lips of members of AARP is have the markets reached rock bottom. Stock and shares are at bargain basement level compared to the past twenty years. Multi-Millionaires like Warren Buffet are prepared to take the risk but who is prepared to follow them?

David Ogden -Tomorrows Home Business
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AARP

UK Pension funds have lost 33% of their value, or £187 Billion during the last 12 months, due to falling stocks and shares.

The bad news illustrates to members of AARP the likely effect on their own 401(K) retirement plans.

Now is certainly not the time to retire unless AARP members are lucky enough to work for a company that provides some kind of final Salary pension as is offered by some companies in the UK.

Yes the DOW rose 900 points yesterday and this might be a sign that the worst is over, however there is a long way to to. Hopefully stock markets around the world will also provide a positive response bouncing back from record 5 year lows in the USA and UK.

AARP members have been following the frightning ups and downs of the stock and might be wary of investing in the future, but what choices are there?

1. Put it under the bed and it will lose value due to inflation

2. Place it on deposit at a low rate of interest

3. Or invest in your business

Smart AARP members are investing in their business because reinvesting income back into a business will grow the business and produce better results.

Now is probable the best time to buy into a business, but only a few AARP members have sufficient funds to purchase a business outright. So what about the rest.

Starting a business from scratch might not appear to be the right option either due to business set up costs, buying stock, marketing etc, however there is another solution.

Tomorrows Home Business, has a proven business plan and model which produces results, because it is partnered with a health and wellness company who take care of all the marketing, selling and delivery of products. Leaving the AAARP member the opportunity to buy its existing customers and earn commissions.

David Ogden -Tomorrows Home Business
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AARP Health

Many AARP members wonder if their "senior moments" might be signs of Alzheimer's. Dr. Murali Doraiswamy of Duke University has written a new book, "The Alzheimer's Action Plan: The Experts' Guide to the Best Diagnosis and Treatment for Memory Problems,"

Doraiswamy describes screening tests, how to differentiate Alzheimer's from other types of dementia, and how to tell normal forgetting from problematic forgetting. He also reviews the latest prescriptions for slowing memory loss in Alzheimer's patients.

Most important, he emphasizes, is for AARP members to detect the disease early, before major damage sets in. Early warning signs to watch for include:

• The memory loss is getting progressively worse.
• Friends and family are urging you to get a checkup.
• You can't remember what you forgot. Whole pieces of your past experiences are missing, and your memory can't be jogged.

It has been proved that sublingual B-12 can improve memory retention and can reduce the risk from the disease. If AARP members actively aim to protect their memory retention by attending memory clinics and taking extra vitamin B-12, they will enjoy a better lifestyle in their senior years.

Research is ongoing to the find genes which cause and might prevent Alzheimer's but at the moment there is no cure.

David Ogden -Tomorrows Home Business
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AARP

AARP Finance - The Week has started the way the previous week finished with stock markets around the world continuing to fall. Recession is a reality but how should one deal with the consequences.

The first thing AARP members need to do is not to fall into the trap of taking on further loans. Stop using credit cards wherever possible unless you can pay them it in full.

AARP members need to reduce all unnecessary spending.

Normally when stocks reach rock bottom its is time for AARP members to commit more money to 401(k) plans in the hope that stock will rise and increase the value of their savings, the problem is twofold, knowing when to buy and guessing how quickly stocks will rise.

A more conservative plan might be to buy into an existing successful business but few people have the funds to do this, so an alternative might be to start a business in partnership with Tomorrows Home Business who have a business model which shows a rate of return which exceeds most returns on stock investments and is inflation proof. Full details are available by contacting us.

David Ogden -Tomorrows Home Business
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AARP Financial

AARP Financial has responded to public concern with Mutual funds with the following statement:-

AARP Financial recognizes that recent events in the financial markets are causing concern among investors. For those invested in money market funds, you may also be questioning the safety of your investment. We want to reassure you that your investment in the AARP Money Market Fund remains a conservative, low-risk investment and that you have quick access to these assets if and when you need them. In addition, I am pleased to report that the AARP Money Market Fund is now enrolled and currently participating in the Treasury Guarantee Program.

Richard M. Hisey President, AARP Financial Incorporated

Well that way the good news, the bad news for AARP investors is that since June the values have fallen as the financial markets have been brought to thier knees. you money is safe but not worth as much.

AARP members need to take action and look for ways to diversify their future income streams, like members of Tomorrows Home Business.

David Ogden -Tomorrows Home Business
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AARP

AARP counterparts in the UK have been given some good news regarding state pensions.

Thousands of women who took time off to look after children will be able to boost their state pensions under a top-up scheme announced by the Government.

Work and Pensions Secretary James Purnell is proposing an amendment to the Pension Bill enabling people to buy up to an extra six years of National Insurance contributions.

Each extra year of National Insurance contributions adds around £160 a year to the state pension that people are entitled to. But the UK Government is increasing the cost of buying extra years from its current level of £420 per year to ensure the move will not cost it anything, although it has not yet said what the increase will be.

The UK Government estimates that around 550,000 people will be eligible to buy up the extra years, but in reality it expects only around 20% of these to take advantage of the scheme.

Mr Purnell said: "By 2010 around 75% of women reaching state pension age will be entitled to a full basic state pension, rising to over 90% by 2025, compared to around 35% today. However, we are mindful of the potential disadvantages faced by those who do not have a full work history, mostly women and those with caring responsibilities."

It will be interesting to see if if the USA Government will offer AARP members any ways to increase their pensions during these difficult times, or will they have to continue to take matters into thier own hands by producing residule income to live on from home businesses such at Tommorow's Home Business.

David Ogden -Tomorrows Home Business
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AARP

I was looking at the AARP site today, which claims to be the largest online magazine in the world, its packed with information. The section that caught my eye way the financial calculators.

The AARP calculators includes one to work out when you will be a millionaire, so I tried out my theory of investing $1 per day and sure enough it works, if at 15 I had saved just $1 a day I would have been a millionaire by the age of 60, based on a rate of return of 15%. The problem however is that inflation will eat into the numbers and reduce your savings by half. The common factor in all the AARP calculators is the exponential growth, for example if you continue contributing for a further 5 years you will more than double your money!

AARP members and millions of others around the world are suffering during the financial crisis, but there is a way out.

You need to find a business which will provide you with a 15% return and invest just $1,000 and in 50 years you will be a Millionaire.

Now I have found a business that will give me the return that I need and is inflation proof, its called Tomorrows's Home Business and its unlike any home business you have ever seen, you are invited to attend our live presentation every Thursday evening at 6PM EST just go to http://tomorrowshomebusiness.butchhamilton.com/ and follow the instructions or else contact us.

David Ogden -Tomorrows Home Business
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AARP

AARP report that stocks and shares around the world continue to fall during early trading in Asia. Pakistan and the Philippines are both looking towards the IMF to help bail them out. Corporate organisations are already re-forecasting their yearly forecasts.

It seems there that it is going to be a long time before matters are going to improve, with Thanksgiving and Christmas fast approaching it seems there will be little to cheer about.

Companies world wide are tightening their belts and it will not be surprising if they start laying of older workers which will concern AARP members, because if they are forced to retire early it is a very bad time to purchase annuities.

AARP members have already voiced their concerns with candidates in the upcoming USA elections, but it will be sometime before any changes will filter through the system. The problem is that support for banks has to be paid by someone and its usually puts pressure on other taxes.

The only clear way for an AARP to get out of financial difficulty rests with them taking matters in their own hands and to build a business for themselves, but this is no quick fix option it will probable need five years or more of work to build a worthwhile income.

Ogden -Tomorrows Home Business
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AARP Insurance

Generally speaking AARP insurance plans are good to long term investments and provide a better rate of returns than that of banks. Your money is usually safer as it is usually spread across a portfolio of stocks. If you were to study AARP insurance plans the underlying investment will provide a return after 10 years.

The problem facing AARP Insurance members at the moment is that the market is weak, so it is not the time to cash in policies unless you are forced to. How long it will take for the market to recover is difficult to predict, but again you need to think long term 5 years or more.

The worldwide monetary crisis has resulted from people spending more than they can afford to repay by taking on credit and loans and this is a lesson for everyone including AARP Insurance holders. It is vitally important to start saving for your future as early as possible.

Investing in AARP Insurance products is one way however if you are still concerned about the vagaries of stock and shares, There are other ways of producing residual to satisfy your future needs such as starting your own business, bearing in mind the high failure rate of new businesses, I would recommend you consider the way Tomorrows Home Business group offers a way to financial freedom which cannot fail and is inflation proof..

Just contact one of us to learn more and come to one of our weekly online presentations.

David Ogden -Tomorrow's Home Business
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AARP

AARP members like many other retired people from around the world are worrying about what they need to do as the world slips towards recession. Yes stock and shares held by AARP will take some years to recover and perhaps some AARP members who have 401(K) retirement plans may be looking for other methods that will provide future money.

Tomorrows Home Business group has found found a unique solution by teaming up with a health and wellness Company. Health and wellness is a multi billion dollar industry and even during recession people wish to be healthily. Many AARP members already take vitamin and mineral supplements in order to support a healthy lifestyle.

The Company tomorrows's Home business is partnered with ,is dept free and operating for ten years. The business opportunity is unique and far removed from get rich quick scams and MLM companies where members have to market and sell products.

AARP members will be surprised to learn about this no risk business plan which requires no marketing in order to build a residue income. AARP members are invited to attend a free weekly presentation which explains how long term residual income can be produced at low cost, by contacting us.

Ogden -Tomorrows Home Business
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AARP

Why are so many AARP members in financial trouble, is it because they live for today and think the future will look after itself, rather than planning for the future.

How Many AARP members have 401 plans but have failed to ensure they have a good balance of stock. Yes these plans have lost a lot of value recently and it may take them five years or more to recover to the same level as they were, due to the financial meltdown caused by many people borrowing more than they could afford to repay, which started the banking crisis as banks mismanaged loans.

If you are an AARP member who plans to retire in the next 10 years is is essential that you take some action now if you wish to be able to retire in comfort.

I recently contacted Tomorrows Home Business and discovered a way of sharing in the success of a health and wellness company. Like any good business you need to reinvest your earning back into the business for around 10 years and can then end up with a monthly income to live on in retirement.

The plan for AARP members does not involve in investing in stock market like a 401 plan, but is based on earning revenue from existing customers, who are the lifeblood of any business. You are virtually guaranteed to make money.

No special skills are required to operate the business, no marketing or selling to others, the company you partner with handle all that. for more details just contact us

David Ogden -Tomorrows Home Business
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