According to J.P. Morgan's private banking service, financial service advisors who want more business from wealthy clients must fine tune their marketing strategies. A recent survey commissioned by the Federal Reserve Board shows that Washington, D.C.-area consumers pay more in banking fees than most other banking customers in the country. The cozy, two-bedroom downsized house, for example, hasbecome a thing of the past. Smart Growth Smart growth policies are molding cityscapes across North America. When House Is Too Big Many homeowners approaching retirement may find that they are ready to give up the maintenance, higher utility bills, and extra space common to a large single-family residence.
Many seniors believe that age or retirement present obstacles for obtaining home loans.
While they may have been true once, lenders' mentalities are changing. In a play initiated to broaden its readership, AARP haschanged the look of its lead magazine, Modern Maturity, and unveiled aModern Maturity sister publication called My Generation. Corporations are paying closer attention to the issue ofeldercare benefits. The rise in response comes after years of modestofferings. Vacations Can Help Preview Retirement Baby boomers are likely to move after retirement to placeswhere they enjoyed vacations or business travel.