AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Changing Tune For Longer Life: "When I'm 104'; Nest Eggs Get A Second Look.(A)
Byline: PAUL KATZEFF
Hallmark has made greeting cards since 1910, but it wasn't until 1986 that cards marking 100th birthdays were added to its line. Even then, there wasn't much demand.
But that's no longer the case. Birthday cards for centenarians have been a Hallmark staple for the last decade. Now it's turning out cards celebrating what may be even more impressive achievements in longevity -- such as 75th wedding anniversaries.
Hallmark's new lines are yet another reminder that we are living longer -- often far longer -- than we thought possible only a few years ago. And this demographic trend is forcing reappraisals on several fronts, not the least of which is in financial planning.
Those retiring at age 65 can expect to live another 18 years. Many will live far longer. Of the nearly 4.3 million baby boomers born in 1960, over 300,000 can expect to live to the ripe old age of 90.
The number of Americans over age 100 is expected to rise from 65,000 in 2000 to 129,000 in 2010 to 5.32 million in 2100.
So people must spend their working years building a nest egg to survive at least as long as they do.
- Schwab Center for Investment Research Cautions Against the Myth Of the 'Summer...
- Press release article from: PR Newswire August 23, 1999 700+ words
...summer rally" theory suggests? The Schwab Center for Investment Research (SCIR), a...2.6 December 1.7 2.8 Source: Schwab Center for Investment Research, 8/99 The Schwab Center for Investment Research is a division...
- Do You Own Too Much of Any One Stock? Schwab Center for Investment Research...
- Press release article from: Business Wire February 11, 2002 700+ words
...impacted? To answer that question, the Schwab Center for Investment Research reviewed data...Bryan Olson, vice president of the Schwab Center for Investment Research. "Concentrated...Plan assets equaled $97 billion. The Schwab Center for Investment Research was created...
- Schwab Center for Investment Research Launches Research Report Series For...
- Press release article from: PR Newswire August 7, 1998 700+ words
...Report Looks for Differences Between Various Measures of Risk-Adjusted Return SAN FRANCISCO, Aug. 7 /PRNewswire/ -- The Schwab Center for Investment Research is now distributing an inaugural investment research report to all 5,300 independent, fee-based...
- A.G. Edwards Nest Egg Score Decreases to 637.
- Press release article from: PR Newswire June 19, 2007 700+ words
...FirstCall/ -- At 637, the June 2007 Nest Egg Score -- released today by A.G. Edwards...negative factor to affect the A.G. Edwards Nest Egg Score was cost of living, with rebounding...their nest eggs." The A.G. Edwards Nest Egg Score is a proprietary analysis of 12...
- A.G. Edwards Nest Egg Score Reaches New Heights.
- Press release article from: PR Newswire December 19, 2007 700+ words
...first time in its two-year history, the Nest Egg Score from A.G. Edwards -- a quarterly...territory. At 651, the December 2007 Nest Egg Score increased just 2 points since September...celebration, the results of our quarterly Nest Egg Score survey show that there has been...
- A.G. Edwards Nest Egg Score Jumps to 649.
- Press release article from: PR Newswire September 25, 2007 700+ words
...FirstCall/ -- At 649, the September 2007 Nest Egg Score -- released today by A.G. Edwards...continues to have a negative effect on the Nest Egg Score. A decline in homeownership and...five-year low. The A.G. Edwards Nest Egg Score is a proprietary analysis of 12...
- A.G. Edwards Releases September Nest Egg Score.
- Press release article from: Business Wire September 26, 2006 700+ words
Despite Steady "Fair" Rating, Nest Egg Score Factors Show Movement in Key Categories ST...latest quarterly A.G. Edwards (NYSE:AGE) Nest Egg Score, released today. The Nest Egg Score, which looks at 12 factors that influence...
- Despite Nest Egg Score Improvement, Discretionary Spending May Be Sabotaging...
- Press release article from: Business Wire December 19, 2006 700+ words
...G. Edwards (NYSE:AGE) December 2006 Nest Egg Score and survey data show a remarkable disconnect...investing. According to the A.G. Edwards Nest Egg Score, conditions for building a nest egg continue to improve - but Americans are not...