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PostPosted: Fri 22:09, 13 Sep 2013    Post subject: Planning to Retire

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Cartoonist Lynn Johnston thought she would be retired by now. Her 29-year-old award-winning syndicated comic strip, For Better or for Worse,[url=http://duveticavestesfr.halod.com/][b]duvetica vestes paris boutique[/b][/url], now appears in more than 2,[url=http://parajumpersjacketwiki.blogspot.com/][b]http://parajumpersjacketwiki.blogspot.com/[/b][/url],000 papers around the world and has produced 46 books.
But the dissolution of a 32-year marriage recently caused Johnston, 60, to change her mind about retiring completely. "At this time in my life I thought I would be on a cruise ship to Panama or the Mediterranean,[url=http://monclerjacketsuk.albirank.net/][b]Moncler Outlet Online Store UK Cheap Moncler Jackets Coats Sale[/b][/url], retired with my Tilley hats, my sneakers. But I'm a single lady now,[url=http://woolrichoutletde.albirank.net/][b]Woolrich Arctic Parka Woolrich Online Shop Woolrich Damen Parka Woolrich Deutschland Outlet[/b][/url], and I want to keep working,[url=http://woolrichoutletde.albirank.net/][b]Woolrich Online Shop[/b][/url]," she says. Interestingly, the younger groups choose to define themselves according to the technology developed as they came of age, much as historians dubbed the Stone and Iron ages.
Many financial advisers tell clients to make long-term savings estimates for retirement. In theory,[url=http://duveticavestesfr.halod.com/][b]Doudoune Duvetica Femme online shop[/b][/url], this encourages workers to save and invest on a consistent basis. But a new series of studies found that you should focus on saving for next month instead of the distant future.
Working adults asked to estimate how much they would bank in a specific month in the future said $946 but ended up saving only $123, according to research by Paul Dholakia,[url=http://woolrichschweizshop.albirank.net/][b]http://woolrichschweizshop.albirank.net/[/b][/url], an associate professor at Rice University's Jones Graduate School of Management,[url=http://cheapsoccercleatswithfreeshipping.webmium.com/][b]soccer cleats for sale cheap[/b][/url], and Leona Tam, an assistant professor of marketing at Old Dominion University. Saving over a shorter time frame produced much better results. Workers asked to estimate how much they would tuck away next month said $287 but actually saved $440.
When asked what he would do if he had a million dollars, Peter Gibbons, of the cult movie classic Office Space,[url=http://woolrichoutletde.albirank.net/][b]http://woolrichoutletde.albirank.net/[/b][/url], replies, "I would relax. I would do nothing." Later in the movie,[url=http://duveticavestesfr.halod.com/][b]Doudoune Duvetica[/b][/url], he actually seems quite happy about his choice to slack off and says, "I did nothing. Although most were over age 65, they rattled off lists of activities that would exhaust many 20-somethings: gardening, table tennis,[url=http://peutereyjacket.webmium.com/][b]Ricarda Christina and Peuterey Jacket With Front Pockets for sale[/b][/url], softball, woodshop,[url=http://woolrichschweizshop.albirank.net/][b]Woolrich Parka Winter Woolrich Online Shop Schweiz Sale Die Gute Qualität Woolrich[/b][/url], hiking, and part-time jobs. In fact, no one even mentioned stereotypical retiree pastimes like bingo, shuffleboard,[url=http://parajumpersoutletsverige.albirank.net/][b]http://parajumpersoutletsverige.albirank.net/[/b][/url], or just watching TV. The retirees seemed quite pleased with their active lifestyles and said they couldn't imagine slowing down. And most baby boomers indicate that they intend to work past traditional retirement age for financial and personal reasons.
Tell us, do you aspire to a retirement of leisure?
Americans who have been paying into the Social Security system their entire working lives have definitely earned their due. But with an average benefit of about $13,000 a year, retirement may not be especially comfortable if it's not topped off with other savings or a pension.
In a column that seems designed to incite baby boomers who are dreaming of woefully unprepared for former financial adviser Robert Brokamp argues that Americans who haven't been looking out for themselves don't deserve a retirement. He writes:
No one watching the Olympics this week has any doubt about China's economic prowess. But one economist attributes China's success to a population that is almost entirely in its prime working years pouring collective energies into the productivity furnace.
"Cai Fang, an economist who is director of the Institute of Population and Labor Economics with the Chinese Academy of Social Sciences,[url=http://monclerjacketsuk.albirank.net/][b]http://monclerjacketsuk.albirank.net/[/b][/url], has calculated that more than a fourth of China's economic growth in this reform era stemmed from the productivity of a workforce with few dependents younger than 15 or older than 65. In five years, that advantage will start disappearing, and a rising number of the elderly will slow down China's economic growth, Cai said," Jim Landers of the Dallas Morning News reports.
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