September 2009 - Posts
The New York Times, September 30th, 2009The recession is driving up enrollment in Medicaid
at higher than expected rates, threatening gargantuan state budget gaps
even as Congress and the White House seek to expand the government health insurance program
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Associated Press, September 24th, 2009Planning for retirement has never been as complicated — or as important — as it is now.Last
year's financial meltdown was the second stock market disaster of the
decade. Millions of baby boomers saw their savings
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Boston Globe, September 23rd, 2009It has been a year since the music died on Wall Street.What have people done to protect their life savings from events such as the collapse of Lehman Brothers Holdings and the ensuing financial pandemic? Next to nothing.Market
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ABC News, September 22nd, 2009Parents, please repeat after me: Retirement comes first, college ranks second. Again: Retirement comes first, college ranks second.What I mean is when it comes to deciding where to focus your savings
efforts, it's usually
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CNN Money, September 21st, 2009 Once you have your Social Security strategy
down, there's just one little retirement question left to consider: How
can you make the money that you've so diligently saved provide the life
you want for as long as you
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Marketwatch, September 17th, 2009Back in the good old days, before the crisis of 2008-09, many experts
suggested that all you needed to do was withdraw 4% per year, adjusted
for inflation, from your nest egg. That strategy, experts said, was a
near
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CNN Money, September 17th, 2009You've probably spent a lot of time sweating over your 401(k) and IRA.
But have you given much thought to the way Social Security will fit
into your retirement plans?You should. In fact, Social Security provides 50% of
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Reuters, September 16th, 2009As the baby boom generation moves throughretirement, the number of people affected by Alzheimer's is likely to wellexceed 11 million by 2040. In recognition of World Alzheimer's Day,Retirement Living TV (RLTV), the only network
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CNN Money, September 16th, 2009The stock market keeps taking a hammer to the conventional wisdom about retirement investing. Conventional wisdom, circa autumn 2007 (Dow 14,000): You could be retired for 30 years or more. You need lots of stocks so that
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The New York Times, September 12th, 2009ROWLAND FELLOWS still owns two oil lamps from the summer cottage in the
village of Five Islands, Me., where his family vacationed in the late
1930’s.Mr. Fellows, 84, converted those lamps to electricity for use
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Las Vegas Sun, September 10th, 2009Many Wall Street investment banks are on the verge of taking the
plunge into another scheme that involves bundling and reselling what
are thought to be sure-thing assets, just as bundled subprime mortgages
were thought
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The New York Times, September 10th, 2009 President Obama’s new call to impose automatic spending cuts if the health care overhaul adds “one dime” to federal budget deficits could help push his top domestic priority over one of the biggest hurdles in its
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The Wall Street Journal, September 10th, 2009Socking away retirement funds is becoming more expensive for small-business owners and employees.
When the stock market plunged roughly 40% last year, retirement plan
assets also took a dive. In 2008, assets
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The New York Times, September 9th, 2009Within the battle over President Obama’s
health care overhaul, critics of organized labor have latched onto a
little-noticed provision in the legislation already circulating in
Congress. The provision would cost
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The New York Times, September 7th, 2009For years, health policy experts have said health care spending is much higher in New York City and Boston because doctors and hospitals there provide more services, practicing medicine in a more intensive way.But
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Yahoo News, September 5th, 2009The recession has eaten into people's nest eggs so the government is promoting ways to make it easier to save for retirement.
One initiative that President Barack Obama outlined in his weekly radio and Internet
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The Wall Street Journal, September 2nd, 2009During Sunday's Chicago Triathlon, I kept my heart rate low, cut my
pace at every hint of muscular or cardiovascular pain and crossed the
finish line about half an hour behind my personal record in that race.
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CNN, September 1st, 2009On the face of it, a reverse mortgage sounds like a no-lose deal for
older homeowners. A lender gives you what amounts to a cash advance on
your home equity -- no minimum income or credit score required. And you
don't have to
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Center for Retirement Research at Boston College, August 31st, 2009The lore on whether older Americans move is mixed. On the one hand,
the stereotype of retirement is that people flock to a warm climate
such as Florida or Arizona. On the
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The New York Times, August 28th, 2009When you retire, you’ll probably want to visit your grandchildren more
than once each year. Perhaps you’ll aim to give money each month to
charity or your religious congregation.The amount you have saved will clearly
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