Let’s Talk About Retirement

jmcupp2000 asked:


Three years ago my husband left his job at a school district. He was employed with them for 6 years. How can we get the money they took out of his checks for his retirement savings since he obviously wont be retiring with them. They are not cooperating with us.

Create a video blog

Sam asked:


How would you plan it out if your where to retire young?
What would be your retirement strategy?
Say in 1 to 5 years?

Kansieo.com

LostSoul asked:


Hi,

my father always financially supports my mum, but now they’re getting older. Father is retiring, and mum needs a health insurance for to get her physical checked. So which health insurance is she qualified to get?

Create a video blog…instantly.

KHill asked:


The Rev Billy Graham is retiring and President elect Obama should have someone to offer prayer and Biblical perpectives as the Presidents before him. I kinda doubt that G.W. Bush sought the Rev. Billy Graham’s advice very much though.

Create a video blog

admorgan24 asked:


I have completed a four year degree, and most jobs have offered $30-$50 an hour depending on the company. I want a civilan life again, but I worry about retirement plans and job security. Although I would still have to work to compensate for retiring from the military, at least I know there will be some sort of check coming in each month. If you are unhappy with what you do, should you risk seeking another career? By the way, I will have 8 years in when I am able to leave the military.

Caffeinated Content

Schroder asked:


I’m planning on retiring in about four years after a lot of time in the IT business. I’ve grown to **** the job and looking for ways to make the time go faster. Got any suggestions? Mental games I can play on myself or anything that will make four years not seem like four years? PS: You can have my job when I bail. It’s all yours.

Caffeinated Content

Big Sky 23 asked:


Wouldn’t playing for your country mean more to you than playing for the highest bidder?

Create a video blog…instantly.

ellerkampbrian asked:


With people retiring in record amounts and withdrawling their earnings from IRA’s, 401k’s to fund retirements makes me wonder if there are enough people putting money into the market keep it afloat. If more people are selling than buying, then it will decline in value right?

Caffeinated Content

Real Estate Advisor asked:


Young retirees looking out for the best cities in the U.S. to retire young but still be engaged in an active lifestyle may take a look at the top ten cities that have been chosen by the Money Magazine with Bert Sperling of Bestplace.net this year. The best cities have been selected based on important factors for an active lifestyle such as population growth, cost of living, economic health, recreation opportunities and leisure activities. The city’s proximity to a large metro area, college presence in the vicinity and housing costs that are below $350,000 have been taken into account. However, the study also made a few exceptions for cities that offered unique benefits and did not strictly fit the criteria.

1. Coeur d’Alene, Idaho: Pronounced as ‘Core da lane’, this city offers a wonderful ski environment, stunning scenery and a flourishing golf culture. The city is picking up in the tourism sector. The median home price is $311,700 and the population is 38,246.

2. Charlottesville, Virginia: The Blue Ridge Mountains, University of Virginia, and variety of entertainment and recreation, makes Charlottesville an attractive option to retire in. This is also a city with a strong historical background. All these positive features offset the slightly high median home price of $398,400. The population of Charlottesville is 41,425.

3. Logan, Utah: Home to the Utah State University, Logan is a popular city that offers various recreational activities including plenty of water sports at Bear Lake. Logan has a historic downtown and the scenic Logan Canyon Scenic Byway is a great attraction. The city has a median home price of $205,400 and population of 44,599.

4. Blacksburg, Virginia: A town that has been growing steadily over the last 4 decades, Blacksburg is home to the Virginia Polytechnic Institute also known as Virginia Tech, a very vibrant college community and lots of scenic beauty. The median home price is $233,400 and the town has a population of 39,915 residents.

5. Burlington, Vermont: A college town through and through, Burlington boasts of being home to four colleges - the University of Vermont, Burlington College, Champlain College and a Community College of Vermont campus. The median home price is $378,000 and the town has 37,884 residents.

6. Anacortes, Washington: An awesome place if you want to enjoy your retirement with a lot of fun and entertainment. The jewel of Fidalgo Island, Anacortes is favorably located near British Columbia. There is no limit to the water sports that the sea offers or to other outdoor activities such as golfing, bird watching, camping etc. The median home price is $347,600 and the town has a population of just 15,514 with a 15-year growth rate of 24.5 %.

7. Sarasota, Florida: You would love this spot for its exquisite architecture, pure white sands and wonderful beach sports. The medium home price is a little expensive at $423,400 and the population is at 53,477. Being the hub of architectural marvel Sarasota in the State of Florida might not offer much for the home buyer in terms of housing bargains.

8. Hanover, New Hampshire: Also known as the “Upper Valley”, Hanover in New Hampshire is a peaceful place to settle in, for its wonderful valley setting. Located at driving distance from Boston, Montreal and New York City, Hanover also offers great skiing activity. The median home price is at $297,400 and the population is 8,305 with a 15-year growth rate of 13.2 %.

9. Manhattan, Kansas: If one wishes to settle in a city that offers year-round entertainment, Manhattan in the State of Kansas would be the perfect choice. The city offers golf, art, shopping and some of the country’s best music festivals during the month of June. The median home price is $188,600 and the population is 44,630.

10. Ames, Iowa: This can be the perfect choice for the one who wants a laid back lifestyle and a quiet life. The city offers some of the most affordable housing options and the crime rate is also quite low here. The city also is home to the Iowa State University. The Median home price is at $176,700 and the population is 54,817.



Create a video blog…instantly.

John B Mayall asked:


Military personnel have to face up the brunt of financial difficulties not only through their career but even after they are retired from active service. While many do who join up the armed forces with the sole intention of dedicating their lives to the country, they still have to face the harsh reality of the trouble of managing their lives and their family with their meager salaries. For this reason, loans for military retirees and active duty personnel become very essential.

The best route to take for loans for military retirees is the Department of Veteran Affairs that provides VA Home Loan Programs. This has many benefits attached to it. There are no down payments required to take this loan and it provides a funding to the tune of $417,000 to purchase a home for themselves. Even the rate of interest is quite low and is a fixed rate and not an adjustable rate of interest. This is very good when the present trend of the market and issues such as the fall of the sub prime mortgage is concerned. The veterans are also provided with the option of refinancing an existing mortgage thereby reducing the amount that needs to be paid every month. This also works in the interest of the veterans considering the sub prime mortgages. Apart from mortgage, the VA loans are beneficial to the veterans for many other purposes such as educating their children or for debt consolidation.

There are many things to bear in mind while opting for a loan for military retirees. A person planning to go this route should be aware of the proper amount that they can procure through such a loan so that it becomes easier to check on what home they can afford to buy. If this is not cross-checked, they may fall short on their requirements or may end up with a high recurring monthly payment that they could possibly not afford. So, it is best to know beforehand what they can afford and what kind of liability they need to be ready for.

They should also have knowledge about their credit ratings. Credit ratings play an important role in the allotment of loans. People with bad credit history could end up with their loans not getting approved or with a lesser loan amount. Every retiree applying for the loan should ensure that their credit reports are precise with no faults as this is very important in determining the loan that gets approved in their name.

There are three different loans being provided by the VA as loans for military retirees. These differ in the kind of interest rates that are being offered. There is the option of going in for a fixed or an adjustable rate of interest. Many now feel that considering the current trend of sub prime mortgage, it is best to opt for a fixed rate of interest rather than an adjustable rate of interest. But, even if one opts for an adjustable rate of interest for a VA loan, the adjusted rates cannot vary from the previous rate of interest by more than one percent every year to a total not above five percent for the entire tenure of the loan. So, going in for a loan for military retirees through the VA is a good option that should be weighed in with other options available before deciding on which loan to actually go in for.



Caffeinated Content - Members-Only Content for WordPress