Thursday, July 12, 2007

Nissan to recall 140,000 2007 Nissan Altimas

Nissan to recall 140,000 2007 Nissan Altimas...
"Nissan is recalling more than 140,000 of its popular Altima sedans to replace air filters that could catch fire, company officials said.
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The voluntary recall affects 2007 Altimas with four-cylinder, 2.5-liter engines produced between September 2006 and May 2007 at Nissan's Smyrna plant and between October 2006 and May 2007 at its Canton, Miss., plant.

The Altima is Nissan's best-selling car, with more than 114,000 sold from January through May, and the fourth best-selling mid-sized car in the United States. ...." Insurance Journal

3 in 5 companies report employees not ready for retirment

Employees not financially ready for retirement.....

"This sentiment is reflected in America Speaks Out on Retirement: 2007 Investor Research Study (AIG SunAmerica). The survey showed 44% of boomers (defined in the study as those between 45 to 60 years old) who plan to retire by age 63 have no target retirement income goal. Many admitted they have no plans for the next 30 years after leaving the workforce.

While boomers are generally known as a generation of spenders and not savers, the AIG SunAmerica survey revealed that almost all boomers – eight out of ten of the respondents – named guaranteed lifetime income as very or extremely important...." from Insurance News