Annuity

relied upon. These incomes may be a salary, dividends or a copyright fee. The purpose of noting down the incomes is to create a base which will determine our financial boundaries. After the income is noted then come the expenses, noting down all annuities or recurring expenditures is even more important than income. Leaving one expense out may skew the whole budget and make us act upon wrong information. In this list there are household expenses, rent, loan payments, entertainment, clothing, car…

The Great Depression was an economic collapse in the United States from 1929 to 1939. It started in August 1929, when the stock market crashed. The president at the time was Herbert Hoover. Hoover said that “economic depression cannot be cured by legislative action or executive pronouncement.” However, by 1931, there were so many national and financial crises that there was no way to deny that America was in a Great Depression. However, the American ideal at the time was that the family would…

Introduction According to Ron Harris in his article “The Bubble Act: Its Passage and Its Effects on Business Organization,” “[H]istorians have treated 1720, the year of the South Sea Bubble and the Bubble Act, as a watershed year in British History[. . .] When the bubble burst, South Sea stock plunged about 87 percent[. . .] The crash constituted the first international stock market burst.” The history leading up to the South Sea Bubble was fascinating, given that Mary Cowper, the wife of…

Employee retention Loving your job is an experience that not many people get to enjoy, a survey was conducted by career builder in 2014 found that 59% of employees were dissatisfied with their jobs. And another survey was done by Aon Hewitt with more than 7000 employees discovered that disengaged employee cost the company on an average of $10,000 a year. These are disturbing numbers. That is why I have always been an advocate of making the employees your best asset. Not sure why to…

Another infringement of Section B is evident in the slow death measure of starvation imposed on those residential school students. A 1944 report to the Canada’s Department of Indian Affairs by Dr. A.B Simes, a medical superintendent of the Qu’Appelle Indian Hospital, found that “28% of the girls and 69% of the boys [were] underweight. During this time, only 49 cents per day were allocated on food and at some schools even less. Of the food at the Fort Alexander school, former student, Faron…

provide coverage for assisted living facility. Most assisted living facilities provides financial plans so it will be affordable for the residents to afford. Fortunately, some residents are able to use their retirement, savings, social security annuities, etc. to pay for housing in the assisted living. Supplemental insurance is another form of reimbursement for assisted living. There is a program called “Aid and Attendance” that is a pension benefits created for veterans offered by the…

My final interpersonal event is different than most, yet, had a huge impact on my life, giving up soccer. Soccer has been apart of my life since I was 3 years old. Ever since I can remember I was kicking around a soccer ball. I played on my first team when I was in kindergarten at 4 years old. I played ever since then until my senior year of high school. I didn’t feel the support from anyone anymore. I needed one person to believe in me. The song that I chose to best represent my dream that…

the 1933 act. Some of these exemptions include: securities issued by federal, state, country, or municipal governments for public purpose; commercial paper; banks, saving and loans, and religious and charitable organizations; insurance policies; annuities; securities of common carriers; stock dividends and stock splits and charitable bonds”…

We still have a few small annuities but the risk is minimal. The principal amount gets locked on its anniversary date and is setup to so it cannot go under the locked principal amount. My husbands 401k and my pension is at the middle to upper risk levels. Both are spread between…

Despite the fact that the divorce rate nationwide is at its lowest level recently, baby boomers are divorcing at a rate that is disturbing. For couples over 50 years old, the divorce rate has increased 2 fold over the last 2 decades, according to recent studies. This phenomenon is referred to as “gray divorce.” Couples involved in a gray divorce have just as much to worry about as younger couples and sometimes even more. It is a very big subject but we will focus on a few things that you might…