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I can remember the day my father hung up his stethoscope. He loved his career as a pediatrician, but like most American workers, couldn’t wait to enjoy life away from the daily grind at the office. He was 62. Nearly 30 years later my dad is still enjoying retirement. But two new surveys reveal something very disturbing: For a growing number of middle-class Americans the golden years might not arrive until they’re… Read More

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That picture is my idea of retirement (minus my son’s skimboard and maybe fewer clouds). But you get the idea. My wife and I were sitting on the sand in Florida last week, gazing at the Gulf waves lapping ashore. Yeah, it doesn’t get much better than that. So I was a little surprised to hear that while we were away Tulsa was named by Forbes magazine as one of the top… Read More

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I just got back from a spring break vacation, which included a few days in Florida (and the prerequisite stop to see Mickey & friends).  So it caught my eye when I read a report at CNN Money that nearly 20% of Florida homes are vacant. 1.6 million homes are vacant The Census Bureau revealed last week that 1.6 million homes there are sitting vacant, an increase of more than 63% in 10… Read More

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As a parent of one child in college, and more on the way, you do what it takes to help your kids get their education.  But trust me  it’s quite a financial challenge to pay for a child’s college tuition.   A new study shows that many intend to dip into their own retirement accounts to do it. Nearly a quarter of the nation’s parents who are saving for their children’s college education… Read More

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Yogi Berra (Hall of Fame catcher) once said: “You’ve got to be very careful if you don’t know where you’re going, because you might not get there.” He could have been talking about retirement.  Most American workers aren’t financially ready for retirement, according to the Employee Benefit Research Institute’s annual Retirement Confidence Survey. The survey found that: 43% of workers say they have less than $10,000 in savings (up from 39% last… Read More

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