Early Retirement Blog

Reducing their savings, raiding their retirement accounts, and credit cards, are how many Americans are surviving the recession, according to new research.  Loans from retirement savings accounts increased by 20% in 2011, while the personal savings rate fell from 5.1% to 3.5%, according to the U.S. Dept. of Commerce. Americans have taken to borrowing from [...]

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Federal Reserve Chairman Ben Bernanke announced that interest rates will not be raised until late 2014.  Screwing seniors who depend on  U.S. Treasury Bonds, CD’s, and money market accounts for their retirement income, for another two years. Retirees who depend on bonds and CD’s, to provide income for their retirements, have already suffered through four [...]

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Is the recession causing your depression?  An alarming report out of England, shows that anti-depressant use in that country has soared by 28% in the past three years, coinciding with the start of the recession. Layoffs, lost retirements, and overall economic insecurity has sent many in England to their doctors in search of a cure [...]

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For many people, especially in 2012, retirement planning is their top new year resolution.  If you have heard yourself saying things like “This is the year that I get serious and create a retirement plan.”  Or, “It’s time to stop kidding around, we need to create a retirement plan, create a budget, and find the [...]

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Everything about the payroll tax holiday is a scam.  From the unconvincing performance, and poor acting skills, of the White House and Republicans.  To the minimal impact the payroll tax holiday will have on creating jobs.  And, the fact that the payroll tax holiday robs Social Security, to give workers a meager and temporary income [...]

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State security regulators are sounding an alarm over a surge in retirement fraud targeting baby boomers.  Regulators expect to file a record number of enforcement actions involving investors over age 5o reports the Wall Street Journal. Why? Desperate Baby Boomers nearing retirement, who have seen their retirement savings wiped out by the housing and stock [...]

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Seniors should join the Occupy Wall Street movement to protect Social Security and Medicare, end the on-going bail out of bankers on the backs of seniors, and to save democracy for their children and grand children. 3 Reasons Why Seniors Should Join Occupy Wall Street Protect Social Security and Medicare On November 23, 2011, unless [...]

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Is there is a connection between the MF Global Collapse, and the surprise decision by the Greek Prime Minister, to hold a referendum on the Greek Debt Deal? Did MF Global “go all in” on a Greek debt default, purchase credit default swaps on Greek Sovereign debt, and was forced to cover margin calls due [...]

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What is the Occupy Wall Street message? If you get your news and information from the Main Stream Media, no doubt you have been hearing hosts and pundits, asking the question “What is the Occupy Wall Street message?” Seriously!?! It is a shameful attempt by the main stream media, to purposefully give their viewers and [...]

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Why does the Occupy Wall Street movement have no leaders or demands?  How does the Occupy Wall Street movement keep growing when nobody knows what it wants?  As someone who has been involved with Occupy San Francisco, allow me to explain, why we have no leaders and no demands. Why Occupy Wall Street Has No [...]

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