Is retirement bad for our brain?

News from the web: Whether it’s sudoku or brain training games   there are plenty of options claiming to sharpen our brains as we get older, but  psychiatrist Ian Hickie, Executive Director of  the University of Sydney’s Brain and Mind Research  Institute,  has a better idea – keep   working. “Work is …

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Six ways to maximize retirement ‘sweet spot’ years

News from the web: During your working years, it is usual to focus more on gaining an immediate deduction for retirement account contributions than on how future withdrawals will be taxed. Financial advisers say that as a result, affluent people often retire with a portfolio of huge tax-deferred IRAs and …

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Middle Aged Bulgarians Face Shocking Retirement Prospects

News from the web: A demographic and economic slump may force today’s actively working Bulgariansto retire at the age of 70 and not at all comfortably at that, an expert has warned. “Nowadays Bulgarians aged between 30 and 40 exceed 1 million. When they become old enough to retire, their pensions should be paid by …

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The Big Retirement Myth: You’ll Spend Less

News from the web: There’s a persistent assumption going around about what happens after one retires: Pundits, financial planners and even retirees often claim that your spending shrinks after you leave the 9-to-5 world. Sure, your house may be paid off by then, and you may be able to ditch …

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World Bank Advises Russia to Raise Pension Age

News from the web: Russia needs to take steps to increase its economically active population, including unpopular measures like raising the retirement age, World Bank Vice-President for Europe and Central Asia Philip Le Wairua said on Wednesday. Forecasts suggest that Russia’s economically-active population will shrink by 25 million people to …

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The Real Best Places to Retire in 2012

News from the web: A blizzard of articles give advice about the best places to retire. They generally recommend fleeing the North and heading for the Sunbelt, to places in the Carolinas, Florida, or Arizona. Occasionally they offer a surprise retirement spot in Iowa or Indiana. Sometimes they even tout …

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Early Retirement Could Be Bad Deal for Troops

News from the web: Servicemembers who accept a 15-year retirement incentive approved by Congress this month stand to lose hundreds of thousands of dollars over the lifetime of their retirement payments, according to early estimates. This realization, combined with poor national economic factors that are expected to compel many servicemembers …

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He Just Can’t Turn In the Badge

News from the web: CHARLIE MURELLO still carries his gun and badge, still wears a detective’s sharp suit and tassel loafers, still keeps his dress blue uniform hanging in his closet at home. He still shows up full time for his daily tour of duty at the 90th Precinct station …

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Europeans ready for ‘active ageing’, new survey says

News from the web: To mark the start of the 2012 European Year of Active Ageing and Solidarity of Generations, the Commission presented today a new Eurobarometer survey showing that 71% of Europeans are aware that Europe’s population is getting older, but only 42% are concerned about this development. This …

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Help Your Retirement Planner Improve Your Performance

News from the web: Retirement planning requires the practitioner to be proficient in many fields such as the following:

  • forecasting the future cost of living (including healthcare)
  • life insurance
  • estate planning
  • tax implications
  • equity and income investing strategy
  • diversification and asset allocation

I could go on for a …

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