Archive | June, 2009

Watch: Obama to meet Purpose Prize winners today

Via Encore.org: President Obama will meet today with social innovators, including a half-dozen winners of The Purpose Prize who have pioneered solutions to rural poverty, infant mortality and women’s health problems in their encore careers. The Purpose Prize winners have finished their midlife careers and come back for encores, recycling their lifetimes of experience into [...] [read full article…]

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Reader Q&A: IRA withdrawals and taxes

Q: I am anticipating signing up for Social Security benefits late this year or early next year as I will soon be 62. I rolled my lump sum retirement over into an IRA. When I begin taking distribution from my IRA, will my Social Security benefit be affected, since I am not yet full retirement [...] [read full article…]

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The difference between healthspan and lifespan

As American lifespan rises, longevity risk has become a big topic, with much discussion revolving around concerns that we’ll outlive our money. Another interesting way of looking at the longevity challenge is the span of healthy years you’ll live–not just your overall lifespan. In this clip, noted speaker and author Joe Piscatella discusses the importance [...] [read full article…]

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Investors near retirement lag in recouping from crash

Retirement investors under the age of 30 participating in defined contribution plans are seeing their accounts bounce back at a much faster rate than over-55 investors who are near retirement, according to Mercer, the benefits consulting firm. Mercer analyzed its defined contribution data for participants under 30, and those over 55 from the end of [...] [read full article…]

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How an IBM employee’s early retirement led to a math classroom

When Jim Siegfried was an undergraduate in the early 1970s, he wanted to become a teacher. But there was a large surplus of teachers at the time and mentors advised him to consider a career elsewhere. Siegfried chose a career in business and spent several decades working for large corporations in the food service industry. [...] [read full article…]

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