By Mike Allen (@mikeallen; [email protected]), and Daniel Lippman (@dlippman; [email protected]) Happy Saturday. Belmont Stakes post time is 6:50 p.m. (NBC), with a chance for the Triple Crown for oddly spelled American Pharoah. Story Continued Below V.P. POOL REPORT from Isaac Dovere at Beau Biden service, under way now in Wilmington, with 1,000 attending and President Obama delivering the eulogy: “At 10:40, a Delaware State Police band of bagpipes and drums, followed by mounted police, led the funeral procession up Ninth Street to the front of St. Anthony’s of Padua. Slowly, the hearse carrying Beau Biden’s casket followed behind them, with the entire Biden family close together, holding each other as if one large embrace. “Vice President Joe Biden stood at the front and center leading them, his right hand holding the hand of his daughter-in-law Hallie, who held their grandson Hunter’s hand on her other side. The vice president held the hand … [Read more...] about ROAST & RIDE EDITION — IOWA’S SUPER SATURDAY – CLASSIC CHRISTIE QUOTE — RUBIO CAMPAIGN mocks NYT #RubioCrimeSpree (4 traffic citations in 18 years) – CHRIS DODD RENEWS – B’DAY: Michael Goldfarb
Enjoying retirement quotes
By Mike Allen (@mikeallen; [email protected]) and Daniel Lippman (@dlippman; [email protected]) Good Sunday morning. THE CONVERSATION: Hillary Clinton crushed her two rivals on the commander-in-chief test during last night’s debate, but Republicans are gloating that she opened juicy new attack lines. @JebBush tweeted while the debate was still going on: “Yes, we are at war with radical Islamic terrorism. #DemDebate.”Story Continued Below SUNDAY BEST -- MARCO RUBIO, to George Stephanopoulous on ABC’s “This Week,” on Hillary avoiding “radical Islam”: “I don’t understand it. That would be like saying we weren’t at war with Nazis, because we were afraid to offend some Germans who may have been members of the Nazi Party but weren’t violent themselves. We are at war with radical Islam, with an interpretation of Islam by a significant number of people around the world, who they believe now justifies them in killing … [Read more...] about POLITICO Playbook, presented by JPMorgan Chase & Co. – OBAMA: ‘The skies have been darkened’ by Paris attacks — HILLARY ‘craziest’ debate quote – OBAMA advice to his daughters – AMY BRUNDAGE to SKDK — B’DAY: Jen Palmieri, Robert Draper, Zeke Miller
Last Updated Feb 15, 2011 6:11 PM EST Is humanity on the verge of discovering the secret to immortality? That's the notion being suggested by Time magazine's cover article this week titled 2045: The Year Man Becomes Immortal. According to scientists quoted in the article, the near future could include gene therapy that reverses aging, and the opportunity to download your brain to a computer far more powerful than we can imagine today. If you and I could only live until that time, we could become like vintage cars -- constantly being repaired and continually running down the road! The article certainly provides some good mind candy, but it also got me thinking about insights we can apply today without waiting for this science fiction to become reality. What would "retirement" look like if you lived forever? For one thing, it would certainly take a substantial 401k balance to be able to afford to live forever. And your great-great-great-great-grandchildren may not want to continue … [Read more...] about What Would Retirement Look Like if You Lived Forever?
Last Updated May 20, 2010 11:09 AM EDT Take care of your health, and you might save money on medical bills in retirement -- that's the conclusion of my May 11 post, How to Spend Less in Retirement. But on the same day, fellow CBS MoneyWatch blogger Carla Fried posted Uh-Oh: Good Health Will Cost You More in Retirement. So what gives? Should you try to stay healthy or not? Yes is my answer to the question, and actually, Carla agrees with this conclusion, if at least to better enjoy her retirement. But what about the apparent contradiction of these two posts regarding the costs of health care: Does taking care of your health have the potential to save you money or not? In my post, I quoted a study from Fidelity Investments that estimated the amount of money that a 65 year-old couple retiring today would need to have in the bank to cover all future out-of-pocket medical costs. This study excluded the costs for long-term care. In her post, Carla quoted a study from the Center for … [Read more...] about Will Good Health Save You Money in Retirement or Not?
Last Updated Dec 23, 2010 4:25 PM EST It's that time of year to reflect on the significant news events that occurred during 2010 and how they affected us, so let's take a look back and see what we can learn from them about retirement planning. Story #1: Passage of Health Care Reform Patient Protection and Affordable Care Act, with the goal of providing access to medical care for all Americans. The act included reforms to Medicare that were designed to save money and provide more efficient care; it will also close the hated "donut hole" in prescription drug coverage by 2020. But this new legislation couldn't change some basic economic facts of life: The cost of medical insurance will still be unaffordable for most people who want to retire before eligibility for Medicare at age 65, unless they're eligible to receive subsidies through their employer's retiree medical plan. Even with the donut hole closed, you could still end up paying a lot of money out-of-pocket for prescription … [Read more...] about The Top 5 Retirement News Stories of 2010