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The Takeaway: 401(k) Balances Down Despite Higher Contributions

Posted on 02/9/2012 by |Brooklyn, NY | Comments

Bulletin TodayEmployees contributed more to their 401(k) plans in 2011, according to Fidelity Investments, and matching contributions from employers were up, too. But despite this uptick in contributions, the year-end average for Fidelity’s 401(k) participants was down.

The Takeaway: U.S. Retirement Assets Declining Again; Payroll Tax Deadlock Ends; World’s Oldest Yoga Teacher

Posted on 12/23/2011 by |Brooklyn, NY | Comments

Bulletin TodayAmericans’ retirement assets lost a total value of $1.4 trillion last quarter, the first decline since the depths of the recession three years ago, according to a new report … After initially rejecting the measure, House Republican leaders yesterday agreed to a two-month payroll tax cut extension—and, with it, an extension of federal unemployment benefits and a temporary ‘doc fix’ … And Bernice Bates, 91, has been named the world’s oldest yoga teacher by Guinness World Records.

The Takeaway: Weekend Edition

Posted on 08/19/2011 by |The Takeaway | Comments

Bulletin TodayAging is for the birds.  A growing number of people over 50 just refuse to let it happen. Sure, they’ll celebrate the milestone birthday, but they’ll do their best not to look their age.  Or feel it. Or even act it.  (See Ernestine Shepherd. You now have no excuse for not working out.)

Market Mayhem: Pep Talk & Practical Advice (Tattoo Optional)

Posted on 08/10/2011 by |AARP Blog Author | Comments

Money & SavingsStocks plunge. The fear’s back. Market mayhem. Just scanning financial headlines is enough to make you sick to your stomach – figuratively or literally. And people who are retired or close to it have more reason to worry. But the experts seem to have a clear message: don’t panic (and remember to be thankful for Social Security). We’re not suggesting a tattoo… A pep talk, and some practical advice, would probably make more sense. Watch Surviving a Market Downturn or How to …

The Takeaway: Are We Ready for More ‘Old’ Men?; Plastic Surgery Boom; Bernadine Healy

Posted on 08/9/2011 by |The Takeaway | Comments

Bulletin TodayIs America ready for more “old” men? That’s the discussion that’s taking place in Room for Debate over on NYTimes.com. As the number of men over 65 has increased by 21 percent in the last decade “what are the implications – the benefits and the costs – of having more men around longer?” Women generally outlive men, so how would our lives change with more older men in the country? Will you have to support both parents instead of one? …

News To Know: Market Mayhem

Posted on 09/16/2008 by |Archived Contributor | Comments

Your LifeYesterday’s mass sell-off was one of the worst days in the Dow’s history as the credit crunch claimed a new victim in the Lehman Brothers.