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Your New Retirement Number: $58,000

Posted on 08/6/2014 by |Money and Work | Comments

WorkFinancial experts seem to speculate endlessly about boomers’ projected lifestyle in retirement based on their savings and spending patterns. Now a new survey that polled recent retirees about their standard of living has found that, for some, you don’t need a lot of money each year to retire comfortably and live happily. According to the survey by Baltimore-based investment firm T. Rowe Price, recent retirees report living on 66 percent of their pre-retirement income on average — $58,000 annually — and …

Why We Brag About Our Children

Posted on 06/30/2014 by |Parenting 2.0 | Comments

RelationshipsMy mother was so proud of her adult children that even an offhanded “How’s the family?” launched her into a detailed accounting. My little sister repeatedly listened to this litany and threatened to print a brochure on the family. “Mom could just hand them out and save time,” she joked. The “brochure” of the 21st century is Facebook and email, where many parents share — okay, brag — about their children’s achievements. Not that bragging in cyberspace stops us in …