Future Secured? Oh Really?

A headline for a retirement annuities flyer declares "Future Secured!" Was your reaction like mine? Yea, sure!

Is our financial future ever that secure? Maybe for a few. But for the majority of us this is not true. Stock market changes, health costs and inflation fears all contribute to a sense of insecurity

You may have a good retirement pension and 401k plans but is it enough? How much control over our financial security do we have?

There are some things we all can do to feel more secure. Reducing debt is a good place to start.

Paying down credit card balances, car loans and home mortgages are good goals to work toward.

And saving or building a nest egg is helpful too. In fact, if you're paying down your home mortgage, you may also be building equity in your property which is a form of savings.

Another way to save is to reduce your cost of living. Nearing retirement means you are no longer tied to a certain location.

If you can find a town you like that has lower cost of living including home prices, you could moving there. Maybe invest in a place as a rental or vacation home until you're ready to move into the property

There are many places out there that may be your perfect retirement get-away. Do a little research on the internet. Find those hidden treasures. It's worth the effect.

Dot McLeod is webmaster for http://www.best-towns-to-retire.com with many resources on retirement planning.

In The News:


NDTV.com

Debt relief Waiving, not drowning
Economist, UK - Jul 3, 2008
In Sikandrabad one farmer could not quite believe that the pink slip he had been given released him from 25000 rupees of debt. But others did not get the ...
Banks in JK identify 34000 beneficiaries for debt relief GreaterKashmir.com (press release)
Himachal government urges to Centre to look into debt relief ... myHimachal
Union Bank completes farm-loan waiver, relief programme Hindu Business Line
Navhind Times - Moneycontrol.com (press release)all 81 news articles

CARICOM advised on strategy for debt relief requests
Caribbean360.com, Barbados - 6 hours ago
They do not have the instruments available to them to give debt-relief to middle-income countries," he said at the 29th Heads of Government Summit in ...

Dhumal writes to FinMin for debt relief anomalies
Business Standard, India - Jul 3, 2008
... has sought removal of numerous anomalies in the Union government's debt relief scheme so that majority of farmers of the hill state could be benefitted. ...

Syndicate bank extends debt waiver relief to 3.93-lakh farmers
Hindu, India - Jul 2, 2008
The bank said it is confident of completing the total process of handing over debt waiver and debt relief certificates to the eligible farmers latest by ...
Kerala banks display debt waiver lists Business Standard
all 5 news articles

Persons seeking debt relief must comprehend tax consequences
New England Real Estate Journal Online, MA - Jul 3, 2008
Persons charged with negotiating debt relief with lenders must be certain to fully comprehend the many technical tax consequences of any debt restructuring.

Total 7412 farmers benefit from waiver scheme
Business Standard, India - 13 hours ago
Following wide publicity given to the agriculture and debt relief scheme, 2008, throughout the state since March this year, thousands of farmers submitted ...

99 Thousand Himachal Farmers To Get Rs 260 Cr Debt Relief Under ...
myHimachal, India - Jul 3, 2008
He added that 3789 other farmers had been provided a debt relief of Rs 16.83 Crores. Murgai said that all banks in the state had completed the ...

No relief in sight
Melbourne Herald Sun, Australia - 11 hours ago
Let's be honest though, it doesn't take a genius to see that record debt levels, overvalued asset prices, dwindling savings and record oil prices would ...

Banks identify over 31000 farmers for debt waiver scheme
Economic Times, India - Jul 3, 2008
If there is any grievance with regard to debt waiver/ debt relief they can lodge written complaints with the grievance redressal officer of the concerned ...

Money Management, Small Business, Debt Relief And Bill Paying
The Open Press (press release) - Jun 30, 2008
How do you handle paying your bills and get debt relief without having a nervous breakdown? The best way to get solvent rapidly is to use a simple money ...
debt relief - Google News


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