The European Central Bank (ECB) today raised the benchmark European lending rate to 4%, its highest level in six years. The move came amid fierce opposition by European politicians who rightfully fear that higher interest rates will only send the Euro higher against other industrialized currencies and crimp the European economy. The Euro is hovering around record levels against the USD, Japanese Yen, and Chinese Yuan, even though its economy is probably the weakest of the bunch. However, the nature...
Helping Boomers Take Action to Realize Their Retirement Dreams
Posted in stocks | Thursday, July 26th, 2007 | Trackback
Michael Dinich a 1-year MDRT member to hold retirement workshops throughout the month of August in conjunction with MDRTs Retirement Preparedness week. MDRT is a leading non-profit association representing more than 35,000 of the best financial services professionals around the world.
Sayre, PA («www.prweb.com») July 26, 2007 — Although thousands of Baby Boomers throughout the Southern Tier of New York celebrate their 60th birthday each day, research shows that a vast majority are not financially prepared for retirement. To help local Baby Boomers better understand — and overcome — the unique financial challenges they face in retirement, financial expert Michael Dinich of Sayre is planning educational efforts as part of the Million Dollar Round Table (MDRT) Baby Boomer Retirement Preparedness Week, August 6-10, 2007.
MDRT is a leading non-profit association representing more than 35,000 of the best financial services professionals around the world. During Baby Boomer Retirement Preparedness Week, MDRT members are partnering with local media, governments, businesses and community groups to conduct educational activities and events. «www.estateandtaxadvisorygroup.com», a 1 year MDRT member is planning special retirement workshops throughout the Month of August, for specific dates and locations please call 1-800-729-1564.
«www.estateandtaxadvisorygroup.com»
Baby Boomers face financial challenges no previous generation has encountered, including pension terminations, skyrocketing healthcare costs, uncertainty about government programs such as Social Security, decreased personal savings rates and significantly increased life expectancy during retirement.
“To overcome their unique financial challenges, Boomers must take action on their own behalf to prepare for retirement,” said Michael. “It is never too late to take steps that will improve your financial future.”
MDRT Baby Boomer Retirement Preparedness Week
During Baby Boomer Retirement Preparedness Week, Michael Dinich and other MDRT members will be armed with information and tools presented at the recent MDRT Boomertirement Summit. At that event, Dr. Alan Greenspan (U.S. Federal Reserve Chairman - 1987-2006) and other financial experts, scholars, researchers and thought leaders came together for two days of discussion about solutions to the retirement challenges facing Baby Boomers.
MDRT has also established a Web site — «www.boomertirement.com» — that provides Baby Boomers with tools and information to help them take action in preparing for retirement. Content includes:
- Information about steps Boomers of various ages should be taking to prepare for retirement.
- A report that provides a summary of each Boomertirement Summit session, as well as links to video/audio of these sessions, audience handouts and other resources.
To get involved in Baby Boomer Retirement Preparedness Week, please contact Michael Dinich at 1-800-729-1564 or online at «www.MichaelDinich.com».
ABOUT MDRT AND BOOMERTIREMENT
MDRT is The Premier Association of Financial Professionals. Founded in 1927, MDRT is an international, independent association of more than 35,000, or less than 1 percent, of the worlds best life insurance and financial services professionals. With membership from 77 nations and territories, MDRT members demonstrate exceptional professional knowledge, strict ethical conduct and outstanding client service. MDRT membership is recognized internationally as the standard of sales excellence in the life insurance and financial services business.
Through Boomertirement, MDRT is providing leadership that will help the financial services industry provide solutions that will encourage the biggest generation in history — Baby Boomers — to take action to navigate the financial challenges they confront as they retire.
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