Bill's Blog  [view all]

Are People REALLY Retiring Later?

Monday, January 23rd, 2012

True or false? You may have heard this claim before (or something like it): Many Americans are being forced to retire later because their savings and investments took a hit in the Great Recession.
Recently, a big-name economist disputed that belief. In a commentary for Bloomberg, former White House budget director Peter Orszag wrote that some of the statistics dont seem to back up this conventional …

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Latest Article  [view all]

RMD Precautions & Options For Those Over Age 70

Friday, January 20th, 2012

After you turn 70, the IRS requires you to withdraw some of the money in your retirement savings accounts each year. These withdrawals are officially called Required Minimum Distributions (RMDs). While you never have to make withdrawals from a Roth IRA, you must take annual RMDs from traditional, SEP and SIMPLE IRAs, pension and profit-sharing plans and 401(k), 403(b) and 457 retirement plans annually …

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Bill's Weekly Economic Update  [view all]

Bill Losey’s Weekly Economic Update for January 23, 2012

Monday, January 23rd, 2012

NO CONSUMER INFLATION INCREASE IN DECEMBER.
For the second month in a row, the Labor Department reported no advance in its Consumer Price Index. Core CPI did rise 0.1% last month. Across 2011, consumer prices rose 3.0%; last year was the most inflationary year since 2007. As for wholesale inflation, the Producer Price Index declined 0.1% in December.

MORE HOMES MOVING ON THE MARKET
The National Association of Realtors announced a 5.0% increase in existing home sales for December, with a 4.6% gain in sales of single-family houses. For all of 2011, existing home sales improved by 1.7% …

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Latest News  [view all]

Retirement Expert Bill Losey Writes About The Importance of Budgeting For Retirement

Friday, January 6th, 2012

Bill Losey, America’s Retirement Strategist® and 401(k) rollover expert, publishes a new article stressing the importance for retirees to develop a budget.

Saratoga Springs, NY. – January 6, 2012 – Bill Losey, author and retirement expert and advisor, recently wrote an article urging readers to consider developing a budget for retirement. With this article, found on his website http://www.BillLosey.com, titled “Budgeting For Retirement – …

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My Attorney Made Me Include This:
Bill's blogs, articles, and economic reports are meant to provide you with general investment, financial and retirement information. They are not designed to be a definitive investment guide or to take the place of a qualified financial planner or other professional (because that would be just plain crazy). Given the risks involved in investing, there is absolutely no guarantee that the strategies or methods suggested on Bill's website will ever be profitable. If Bill could guarantee your results, he'd be passing the Grey Poupon to his wife aboard some pimped-out yacht in Tahiti by now. Here's the bottom-line: Bill does not assume liability of any kind for any losses that may be sustained as a result of applying the methods suggested and any such liability is hereby expressly disclaimed. Caveat emptor! Oh, one more thing...portions of the content on Bill's website were prepared by MarketingLibrary.net Inc.

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