Average Annual Non-Retirement Savings Stand at $16,000: According to the MainStay survey, most GenX and Boomer investors are disciplined savers, putting money into an investment/savings account (other than their company retirement plan) on a much more regular basis than Matures
Among Boomers and Mature
respondents with grandchildren, Matures
tend to be slightly more generous with education contributions, on average, than Boomers, with the average Mature
grandparent expecting to contribute roughly $17,000 vs.
The three primary demographic groups - GenXers, Boomers and Matures
- have taken dramatically different approaches to managing their liquid assets in the past year, according to the Fourth Annual Across Generations Survey released today by the MainStay division of New York Life Investment Management LLC (NYLIM).
USD$155,000,000 2000-G, floating rate, matures
most prefer the tax-advantaged investing of 529s and
The company further announced that it is Elk's intention to pay off out of available cash on March 1, 2004, an outstanding SBA debenture in the amount of $430,000 that matures
in March, 2007.
Textron's new conduit loan to SF-II will mature
in 2014 and bears interest at a fixed annual rate of approximately 7.
Tranche A is a $200 million revolver that matures
in June 2004, tranche B is a $525 million revolver that converts to a 2-year term loan maturing in June 2004 and Tranche C is a $275 million Canadian facility that amortizes over five years beginning in June 2004.
One-third of Baby Boomers and one-fourth of Matures
agree that college costs are getting out of hand.
The new term loan matures
in June 2004, has a two-year extension option and bears interest at LIBOR plus 1.
The first is the renewal of the existing $91 million revolving credit facility, which matures
Escape the Mundane" Media's View of Marketing to Matures