50 Plus News Magazine

Page 1

HEALTH

TRAVEL

Blindness & Vision

German Vacation

page 12A

page 14A

October 2012 Vol 25 No. 10

COMPLIMENTARY

SPORTS

Coach Phil King

T

page 3A

STATEHouse CAPITOL Selling Your COMMENT

WANTED TO BUY By Matt Pommer

Emma

APRON STRINGS

FOR SALE

TRAVEL

By Aunt Emma

MOVING IN THE page 11A RIGHT DIRECTION By Bruce Nemovitz

EDITORIALS

By Judith Berger he maxim “failing to plan is planning to fail” is particularly true when it comes to your retirement. Knowing you should plan is one thing, but having a realistic plan is the “coin of the realm.” Karen Ellenbecker, president of Ellenbecker Investment Group, takes a measured tone when talking about preparing for the future. “It’s never too early to start saving for retirement. Take advantage of your employer’s matching fund. Don’t miss the benefit of the tax-deferred contribution,” she said. She understands things get in the way of saving: getting married, buying a home, having children, etc. But if you have a plan and pay yourself first, it’s a start. Ellenbecker and her financial advisers guide both men and women -- clients of all ages, situations and stages of life, but she seems particularly concerned about how women will fare as they face a myriad of life circumstances. Research shows women are not on a level playing field when it comes to retirement. According to Investment News, women control $14 trillion in personal wealth assets in the United

EDITORIALS

NEMOVITZ:

Blood Test Confusion

page 7B

Securing a bright future starts with a plan

ERVICES OFFERED LIPSHITZ

Home Health Care Guide

page 20A

POMMER: Health Care

page 7A

SECTION B

Karen Ellenbecker

ELLENBECKER continued on page 13

SENIOR

The Wealth Gap; Answer can Man it be closed? By Tom Frazier

AGING ISSUES

By Tom Frazier

Paul Ryan, in an article he wrote entitled “Government Must Refocus Its Safety Net to Those in Need,” decries the distribution of household income in America that favors older households over younger house-

holds. He cites a Congressional Budget Office (CBO) report, which he claims shows that government programs, such as Social Security and Medicare, are transferring wealth away from those who need it.

IT MAKES ME

Ryan says, “This shift reflects a growth in programs that focus on the elderly population and are not for the most part income-adjusted, such as Social Security and MediFRAZIER continued on page 3

CRABBY


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