BLACK ENTERPRISE Reveals the 20 Best Places to Retire.Plus: Financial Planning Financial planning
Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against in Volatile Markets, Recovering From a Battered Portfolio, and Today's Safest Investment Vehicles--All in October Retirement Issue
NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- For millions of Americans, having a comfortable retirement is in jeopardy. Over the past year, Wall Street volatility has battered portfolios, Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. and Lehman Brothers--iconic institutions in the American financial system--have collapsed, and subprime mortgages have wreaked havoc on the housing market. Because of the rapidly shifting economy and the new dynamics of financial planning, BLACK ENTERPRISE has packed its October Retirement Issue with a bevy bevy
a flock of birds. of strategies to resuscitate re·sus·ci·tate
To restore consciousness, vigor, or life to. your finances and reclaim the goal of a contented retirement. "We reveal where you want to live, how to develop a portfolio that will get you there, and--if you've taken a financial hit--the best way to get back on track," says BLACK ENTERPRISE Editor-in-Chief Derek T. Dingle. "The objective of our package is to make sure your retirement is filled with options and free from worry."
For those savvy readers who are sitting on a comfortable nest egg Nest Egg
A special sum of money saved or invested for one specific future purpose.
Examples of the purposes for which nest eggs are usually intended include retirement, education, and even entertainment (vacations and cruises). , BLACK ENTERPRISE presents its inaugural list of the "20 Best Places to Retire." In determining this ranking of the top retirement destinations, BLACK ENTERPRISE's editorial team took into account factors such as quality of life, healthcare facilities, taxes, general climate, and availability of culture and leisure activities. Topping the list is Durham, North Carolina Durham is a city in the U.S. state of North Carolina. It is the county seat of Durham CountyGR6 and is the fourth-largest city in the state by population. . Known as the City of Medicine, Durham is home to the world-class Duke University Hospital. Just a two-and-a-half-hour drive to Atlantic Ocean Atlantic Ocean [Lat.,=of Atlas], second largest ocean (c.31,800,000 sq mi/82,362,000 sq km; c.36,000,000 sq mi/93,240,000 sq km with marginal seas). Physical Geography
Extent and Seas
beaches and three hours from the Great Smokey Mountains, Durham has more than 300 restaurants and more than 40 annual festivals. Its mild climate and affordable housing make it an ideal place to enjoy life. Rounding out the top five are No. 2, Charlottesville, Virginia Charlottesville is an independent city located within the confines of Albemarle County in the Commonwealth of Virginia, United States, and named after Princess Sophia Charlotte of Mecklenburg-Strelitz, the wife of King George III of the United Kingdom. ; No. 3, Ann Arbor, Michigan
“Ann Arbor” redirects here. For other uses, see Ann Arbor (disambiguation).
Ann Arbor is a city in the U.S. state of Michigan and the county seat of Washtenaw County. ; No. 4, Nashville, Tennessee; and No. 5, Lexington, Kentucky (Pg. 110).
Also in the October 2008 issue:
As the mortgage crisis continues to wreak havoc in the financial world, "Surviving the Banking Storm" details how homeowners can protect their assets and safeguard their large investments. (Pg. 85).
Finding top-performing investments is critical to achieving any financial goal. In "The Moneywise 100," our semiannual listing of the best mutual funds, BLACK ENTERPRISE explains how to actually profit from the high cost of gas (Pg. 97).
For baby boomers quickly approaching their post-work years, "Solving the Retirement Puzzle" provides a step-by-step, tactical plan for how to identify multiple income streams, figure out lifelong financial needs, and preserve wealth despite the current economic climate.
The October 2008 issue of BLACK ENTERPRISE is on newsstands now.
BLACK ENTERPRISE, your ultimate source for wealth creation, is the premier business, investing, and wealth-building resource for African Americans. Since 1970, BLACK ENTERPRISE has provided essential business information and advice to professionals, corporate executives, entrepreneurs, and decision makers. Every month, BLACK ENTERPRISE magazine provides 3.9 million readers with information on entrepreneurship, careers, and financial management. A multimedia company, BLACK ENTERPRISE also produces radio and television programming, business and lifestyle events, Web content and digital media. BLACK ENTERPRISE is the definitive source of information for and about African American business markets and leaders, and the authority on black business news and trends.