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A new chapter for retirement

sims1 600John F. Kennedy once said, “Change is the law of life. And those who look only to the past or present are certain to miss the future.” This is certainly true of preparing for retirement. If we continue to expect that the ways of the past will see us through to our futures, we will be left behind. The methods that helped prepare us for retirement are quickly disappearing, and we must start using others.
 
Today’s companies are rewriting the retirement rules for working Americans. Traditional pension plans, which gained prominence in the 20th century, are rapidly disappearing because of the high costs involved in funding them. Some corporations are defaulting on their plans, and an increasing number
of companies have underfunded or at-risk plans.

Tea Party Republican Tim Scott takes another step toward history

scotts 600In the wave of news about Virginia voters sweeping House Majority Leader Eric Cantor out of office and into the unemployment line, the media failed to pay much attention to Sen. Tim Scott’s (R., S.C.) overwhelming victory in last week’s Republican primary.
 
The 48 year-old Scott won 90 percent of the vote over challenger Randall Young, who reportedly did not campaign after filing as a candidate. Scott is one of two African Americans in U.S. Senate. The other is Sen. Cory Booker (D., N.J.), who was elected to office last October.

Revenge is sweet: Spurs crush Heat to win NBA title


spurs 600Seconds ticked off the clock and LeBron James sat at the end of the Miami Heat bench with his head in his hands. Reserve center Udonis Haslem had his arm draped around James’ shoulder, as it was clear the three-peat championship run was over.
 
Tim Duncan, Manu Ginobili and Tony Parker spent the entire year answering whether they were too old to make a run to the finals. All year they fielded questions about their stamina and their colossal collapse in last year’s game 6.

9 telltale signs you’re turning into your dad

dadsigns 600Father’s Day is the time to celebrate your dad. It is also a good time to evaluate whether you’re actually turning into him. Have you suddenly taken an interest in grilling? Do you have trouble understanding rap lyrics? Here are the telltale signs that the transition is under way.
 
1. You’re wearing cardigans.
Has your collection of Cosby sweaters outgrown all the other clothing in your closet? Then you may be turning into your dad.
 
2. You’ve embraced “mandals.”
These shoes are a marker of adulthood. Once you get the mandals, you can’t go back. If you find yourself wearing these with socks, you are too far gone—your youth is over.