Tuesday, June 24, 2008

 

Seniors - Need help, now more than ever

With sky-rocketting fuel, food - staple costs - it is going to be ever more difficult for seniors to make ends meet. I am not suggesting a bailout - but boomers need to understand that their money will not go as far as they thought it might. You need to work hard at your finances to ensure they will last you. Remember to stay in the market longer - don't just pull your money out and pile it into an annuity. Mutual Funds and Index funds will protect you from heavy inflation.

It is important to make an effort to save where ever you can.

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