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ARE BRICK-AND-MORTAR STORES DISAPPEARING?

    ARE BRICK-AND-MORTAR STORES DISAPPEARING?

The news about the economy has been so encouraging lately that it would be easy for us to forget that one major industry is in a state of flux. Retailing

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PHASED RETIREMENT: A NEW WAY TO TRANSITION

    PHASED RETIREMENT: A NEW WAY TO TRANSITION

One of the most significant decisions American workers must contend with is when (or whether) to retire from their jobs. Traditionally, retirement happens on a planned date of separation from a job. But what if you could retire in stages? Commonly referred to as Phased Retirement, this approach to separating from your job or career is becoming more common.

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POST RETIREMENT? CONSIDER A SENIOR INTERNSHIP

    POST RETIREMENT? CONSIDER A SENIOR INTERNSHIP

Maybe you happened to catch the Robert DeNiro movie, “The Intern,” a few years ago. DeNiro played, Ben, a 70-year-old retired executive who joins a senior citizen internship program designed to help him re-enter the workforce. That was a light romantic comedy, but in real life, senior internships are a growing part of industry. More organizations than ever are beginning to recognize the value of retired persons’ accumulate skills and wisdom.

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UPDATE ON PRESCRIPTION DRUG PRICES

    UPDATE ON PRESCRIPTION DRUG PRICES

One issue on the minds of masses of Americans, year after year, is the ever-increasing cost of prescription drugs. Lost among some of the recent major headlines is the news that at the end of 2019, the U.S. House passed H.R. 3 , the Lower Drug Costs Now Act. The Senate now has the opportunity to make this one of the most significant pieces of drug pricing legislation passed in the last 20 years. This law would give Medicare the power to negotiate drug prices, a function that is now exclusively the domain of pharmaceutical companies.

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SENIORS ARE DRIVING THE U.S. ECONOMY

  SENIORS ARE DRIVING THE U.S. ECONOMY

If you are 50 years old or older, you should know that seniors have become a powerful economic engine in the United States. As usual, the numbers tell the story: Of the 327 million Americans, fully 111 million fall into your age group. By 2050, this number is expected to double. This age group is responsible for $7.6 trillion in economic activity, according to Oxford Economics, an economic forecasting organization. The products and services the senior age group consumes have become a major driver of the American economy, so much so that it now has a name: The Longevity Economy.

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ELECTION YEAR STOCK MARKET: WHAT TO EXPECT

  ELECTION YEAR STOCK MARKET: WHAT TO EXPECT

One of the biggest questions on most investors’ minds right now has to do with how this year’s presidential election year could affect the stock market. The truth is no one can definitively predict market activity. The best anyone can do is study the history of the market in other election cycles, and consider the economic, political and global variables that might affect stock performance. Although past performance does not guarantee future results, historical trends are worth watching, if only for useful statistics. Investors like a sure thing, but the savviest among them know that the stock market is often rife with uncertainty.

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PERSONAL FINANCE RESOLUTIONS FOR 2020

  PERSONAL FINANCE RESOLUTIONS FOR 2020

Raise your hand if you remember any of the resolutions you made last year at this time. Don’t feel too badly. Most of us don’t remember how determined we were to lose 10 pounds, or cut down on sweets, or go to the gym more regularly. That is why it may be worthwhile for you to bookmark this column and take a look at it from time to time through 2020. This year resolve to take charge of your finances. Here are some of the new resolutions we suggest that may make that a bit easier:

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FIVE GREAT PERSONAL FINANCE BLOGS FOR 2020

  FIVE GREAT PERSONAL FINANCE BLOGS FOR 2020

If there is one element of the internet that can cause users some confusion, it is the overkill on information. How can you know what information is credible? We took some time to study a number of personal finance blogs and decided on five that we know you can really learn from. As “they say, the more you know, the better you do. Here are our top five choices:

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HOW TO SURVIVE A LATE CAREER JOB LOSS

  HOW TO SURVIVE A LATE CAREER JOB LOSS

You have probably heard that old John Lennon quote: “Life is what happens while you are busy making other plans.” Some older American workers unexpectedly find out the wisdom of that statement when they lose their jobs late in their careers. Despite all the plans you make for retirement, and the financial strategy you put together for your post-career years, sometimes a premature loss of a job can force you to change course. The one thing you can control is how you prepare for a job loss, and what to do once it happens. Taking a proactive approach can save a lot of heartache later, but there are ways to navigate a late career job loss even if you have not prepared for it.

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BILLIONAIRES CORNER: BILL GATES

  BILLIONAIRES CORNER: BILL GATES

For 18 of the past 24 years, Bill Gates has topped Forbes’ annual list of the world’s wealthiest billionaires. While that alone does not necessarily make Gates worth listening to, it does inspire curiosity about how someone so accomplished views the world. This year Gates tops the list with a net worth of $110 billion, followed closely by Amazon’s Jeff Bezos at $108 billion. Gates, 64, is best known as the co-founder of Microsoft, but currently identifies as the co-chairman of the Bill and Melinda Gates foundation, the largest private foundation in the world. The foundation exists to enhance healthcare and alleviate poverty around the world, and in the U.S. to improve education and expand access to technology. With those lofty goals in mind, here is what Gates has to say about the issues of the day:

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