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Home > Media > Affluent Lifestyle News

Affluent Lifestyle News

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Is There a Best or Worst Place to Accumulate Wealth?

Thursday, July 10, 2008 at 02:47PM | Post a Comment
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A survey by pay experts at salary.com evaluated 69 cities with more than 250,000 people and ranked the Big Apple last. Plano came in first among American cities in which to build personal wealth. According to the survey, New York City is the worst place.

Although the top five cities in the survey identified the best five cities for business, it indicated that there is a price to pay for the company and the best five for business ranked in the worst for wealth building. Plano, Texas came in first among American cities in which to build personal wealth, following came Aurora, CO, Omaha, NE, Minneapolis, MN and Albuquerque NM.

Primary concerns in the survey were focused on salaries, cost of living and employment opportunities. Secondary factors were diversity of the local economy, education and the social environment. Another consideration was commute time from the suburbs.

Although New York is known for diversity and highly-educated residents, it could not rate as profitable due to the overinflated environment.

Following last-ranked New York were Washington, D.C., Los Angeles, Honolulu and San Francisco.

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Fraud Against Seniors, Warning!

Tuesday, July 22, 2008 at 11:07PM | Post a Comment
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(Washington, D.C.) The position of the Securities Exchange Commission is one of a bulldog. Just as a life insurance policy is an umbrella of protection, so is the SEC the protection of fraud and other violations that border on unethical in the exchange of money for promises.

Aging has become a business. The aging value and begin to take to heart all that will bequeath their wealth to the next generation. This natural desire for protection can be a risk factor for gullibility and vulnerability. The desire for protection creates a demand for insurance.

With the fiduciary responsibility over this protection comes responsibility. This is the attitude of the SEC as they monitor insurance products for the senior citizen population. The SEC makes an effort to require that the variable insurance industry provide products that meet the needs of investors and are sold in a manner that is forthright and honest.

Since there is enormous capital poured into this industry, there are a growing number of frauds and crimes targeted at the most "at risk" populations. Chairman Cox has made protecting senior citizens a priority. The Commission's ongoing initiative to protect senior citizens has

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Strategic Advisors Introduction

Thursday, August 21, 2008 at 01:41PM | Post a Comment
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From around the globe, we have amassed the very best attorneys. CPA’s, tax planners and financial advisors to bring you, “the client”, the very best solutions for protecting and caring for your wealth.

Today’s complex world of business, tax and asset protection planning, can confuse, and even frustrate the most knowledgeable on the topic of wealth preservation. So whether you are a high net worth client or just starting out, it is imperative that you choose the proper advisors, the proper jurisdictions and the proper planning tools. We specialize in giving you time tested tax compliant domestic and international solutions. From a very simple strategy of helping you protect your personal residence, to the more intricate international business structures our diverse group of advisors will be able to assist you every step of the way.

At Strategic Advisors our mission statement is to help our clients implement world class strategies for protecting and preserving your family’s wealth for future generations. We are here to help you meet today’s financial challenges, and help your sort through the many complicated facets of wealth preservation and wealth accumulation.

Feel free

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Retirement: Why Panama Is the New Florida

Wednesday, July 29, 2009 at 11:03AM | Post a Comment
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There is an increasing trend by Americans in or approaching retirement to look at options outside of the United States.  Often, even the non-affluent can live a higher-end lifestyle overseas that they would not otherwise be able to afford in the US.  Panama is a country that offers stability, excellent services, year-round sunshine, and is specifically targeting American retirees.  Please see below an interesting article from a recent issue of Business Week magazine on Panama: 

Prospective retirees: Panama wants you. The pitch? A plane ride just 21/2 hours from Miami enables the newly poor to swap a wretched retirement in the U.S. for one befitting a royal in the balmy Central American nation. Cash out! Emigrate! Feel rich! Panama—the new Florida.

Spin aside, Panama is increasingly popular among retirement-age types looking to hedge against—or skip out on—the recession. The Migration Policy Institute, a Washington-based think tank that studies the movement of people around the world, says the chief factors prodding professional-class Americans to flock to Panama include its First World health care available at Third World prices and the country's pensioner program, which offers some of the deepest retiree discounts in Latin America. Seniors get up to half off on

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