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Long Beach is a city located in southern Los Angeles County, California, USA, on the Pacific coast. It borders Orange County on its southeast edge. It is about 20 miles south of downtown Los Angeles.
Downtown Long Beach (as seen to the right) has been Showcasing Long Beach as a First Class City within California. The R.M.S. Queen Mary has been located in Long Beach since her retirement in 1967 and now serves as a hotel, convention center, and tourist attraction. The Aquarium of the Pacific, a world-class research facility, is a popular tourist destination. Long Beach also has the largest municipally owned marina in the country with 3,400 slips. Downtown Long Beach also offers cruises to Catalina Island, restaurant and club nightlife, promenade development, and festival entertainment.
As of the 2000 census, the city population was 461,522. By 2006 its population is estimated to have increased to 490,166. Based upon the USA Today's Diversity Index, Long Beach was the most ethnically diverse large city in the United States in 2000. For example, Long Beach has the second-largest population of Cambodians outside of Asia (after Paris, France), and the area along Anaheim St. is sometimes called "Little Phnom Penh". There are also sizable populations of African Americans, Mexicans, Salvadorans and other Central Americans, Filipino Americans, Vietnamese Americans and other Asians. There is also a diverse gay and lesbian population in the city.
The median income for a household in the city was $37,270, and the median income for a family was $40,002. Males had a median income of $36,807 versus $31,975 for females. The per capita income for the city was $19,040. About 19.3% of families and 22.8% of the population were below the poverty line, including 32.7% of those under age 18 and 11.0% of those age 65 or over.
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 Retirement advice and news - CNNMoney.com
Why you should be buying stocks now - 15 hours ago
When new clients come to me, I ask them a few questions about risk. One is "What would you do if the value of your stocks fell by 50%?"
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When you are fearful about the safety of your money, you tend to be more vulnerable to unscrupulous salespeople posing as trustworthy advisers. So a recent crackdown on dubious retirement credentials couldn't have come at a better time.
Help for mounting 401(k) losses - 12 days ago
Question: I'm retired and my 401(k) has lost approximately 35% over the past year. My financial adviser tells me to stay the course, but the losses keep mounting. What should I do? -Dale Marcos, Lafayette, Indiana
How high earners can grab a Roth IRA - 5 days ago
Paul Heck owns EveryHome, A successful real estate brokerage in suburban Philadelphia. The 53-year-old never considered making a Roth IRA part of his retirement plan. While Heck understands the substantial tax advantages of a Roth, he makes too much money to qualify. Recently, however, he got a tip from his financial planner about an upcoming change in the tax law that will allow Heck - and many other business owners - to seize a back-door opportunity to open a Roth.
Your 401(k) match at stake - 11 days ago
As the faltering economy forces companies to cut back, employee perks are among the first things to go. And along with free coffee in the break room, the next thing your employer might axe is its contribution to your retirement savings plan. About 58% of companies in the U.S. offered employees a 401(k) match as of last year according to Watson Wyatt, a benefits consulting firm. But for cash strapped companies, reducing or eliminating the retirement contribution may be one way to cut back on costs during hard economic times. Frontier Airlines already announced that it was suspending its matching contributions to 401(k) plans earlier this year. Struggling automakers General Motors and Ford, as well as Dollar Thrifty Automotive Group and real estate firm Cushman & Wakefield also announced they would no longer be offering employer matches. |
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Recent transactions in the Long Beach Reverse Mortgage market:
$212,000 cash out Long Beach Reverse Mortgage
$175,000 HECM Long Beach Reverse Mortgage
$772 monthly payments Long Beach Reverse Mortgage
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