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Newport Beach, incorporated in 1906, is a city in Orange County, California, 10 miles south of downtown Santa Ana. The current OMB metropolitan designation for Newport Beach and the Orange County Area is Santa Ana-Anaheim-Irvine, CA. As of 2007, the population was 84,218. [1] The area code for Newport Beach is 949. The city is home to several well known communities and recent annexations including Balboa Island, Corona del Mar, San Joaquin Hills, Santa Ana Heights, and Newport Coast.

Attractions include beaches on the Balboa Peninsula (featuring body-boarding hot-spot The Wedge) and in Corona del Mar. Crystal Cove State Park is located at the southern end of the coast.

The Catalina Flyer, a giant 500 passenger catamaran, provides daily transportation from the Balboa Peninsula in Newport Beach to Avalon, California located on Santa Catalina Island. The historic Balboa Pavilion, established in 1906, is Newport Beach's most famous landmark. There are a variety of options that include fishing, arcade games, and nice restaurants.

The Balboa Fun Zone, located on the Balboa Peninsula near the Balboa Island Ferry, features a ferris wheel, an old-time Merry-Go-Round and several quaint shops and restaurants.

The Orange County Museum of Art is a museum that exhibits art from a variety of modern artists.

Newport Beach History 

In 1870 a steamer named "The Vaquero" made its first trip to a marshy lagoon for trading. Ranch owners in the Lower Bay decided from then on that the area should be called "Newport."

In 1905 city development increased when Pacific Electric Railroad established a southern terminus in Newport connecting the beach with downtown Los Angeles. In 1906 with a population of 206 citizens, the scattered settlements were incorporated as the City of Newport Beach.

Settlements filled in on the Peninsula, West Newport, Balboa Island and Lido Isle. In 1923 Corona del Mar was annexed and recently in 2002 Newport Coast was annexed.

Retirement advice and news - CNNMoney.com


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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%?"
Don't judge an adviser by his title - 2 days ago
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
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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.
Recent transactions in the Newport Beach Reverse Mortgage market:
$955,255 cash out Newport Beach Reverse Mortgage
$265,200 HECM Newport Beach Reverse Mortgage
$943 monthly payments Newport Beach Reverse Mortgage

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Morningstar Mortgage - 17011 Beach Blvd. #900 - Huntington Beach, CA 92647
Office Phone: 714-848-4549 Fax: 714-908-3800 Toll Free Phone: 800-216-6322


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