September 16, 2014 |
WHEN PEOPLE talk about retirement, it's often in the context of how much money they have to save for their senior years. People know or have heard enough that they need to factor into their retirement plan their cash savings, investment account holdings, Social Security and, if fortunate, any pension benefit. But what's often not emphasized enough is the importance of your family balance sheet. I thought about this as I read a new report from the Government Accountability Office about the increase in the number of older Americans who drag student-loan debt into their senior years.
September 12, 2014 |
Another former Philadelphia school principal has surrendered professional credentials in connection with a city cheating scandal. Arthur "Larry" Melton, retired principal of Bok High School, gave up his teaching and administrative credentials over allegations that he "violated the integrity and security" of standardized state tests "over multiple years," according to the state Education Department. Melton, 70, was the longtime principal of Bok, a career and technical high school in South Philadelphia that closed in 2013.
September 10, 2014 |
EVERY TIME one of my children says, "Back in your day . . . ," I wince. After watching an old black-and-white sitcom, my son actually asked me if there was color television back in my day. His sisters thought it was funny. Me? Not so much. I will say this: Back in the day, retirement was a lot less complicated. It was pretty much black and white - simple. I try not to curse, but seriously, retirement planning these days will take you there. Figuring out all the various parts and rules of Medicare alone requires a bottle of aspirin and some choice words.
August 28, 2014 |
I T DIDN'T TAKE a whole lot to make Jon Weir happy: his wife's spaghetti-and-meatballs dinner, a souvenir hat from a sporting event, a stroll along State Street in Media, watching his children play sports, a bike ride on the Ocean City boardwalk. For a man who was exposed as a newspaper copy editor to the frequently painful reality of breaking news for 46 years, his need for simple pleasures was understandable. Colleagues remember a devoted professional who could keep his cool even when big news was breaking on deadline, and could be counted on to get the copy out, clean and clear.
August 27, 2014
A RECENT COLUMN about the importance of getting your Social Security statement prompted a lot of retirement questions from readers. In turn, the questions reminded me just how complicated it is to retire these days. We chide people for not saving enough, but as one reader noted, that's almost the easy part. Trying to understand the many rules, and caveats to the rules, makes planning for retirement so difficult. Readers wanted to know about a plan by Social Security to resume paper statements.
August 22, 2014 |
A.J. BURNETT'S answer wasn't definitive, but it did reinforce the widely held belief that the veteran pitcher would lean toward retirement when the 2014 season ends. After taking the mound for his 27th start of the season on Tuesday night, Burnett earned himself a half-million dollars (a performance bonus in his contract) and set himself up to make $1.5 million more for next year, too. Burnett's player option for the 2015 season can increase twice more this season if and when he reaches 30 and 32 starts on the season.
August 21, 2014 |
State Senate President Stephen Sweeney says he will accept Gov. Christie's changes to a bill intended to expedite development of privately run public "Renaissance" schools in Camden. Christie, a Republican, axed a provision in the legislation that would have allowed the Camden school board to provide pension sweeteners as early-retirement incentives to some district employees. The state-run district laid off 200 teachers last spring because of budget cuts. "I am disappointed with the governor's conditional veto, but I am committed to moving the bill forward," Sweeney (D., Gloucester)
August 15, 2014 |
When Carol Wolff took over as the head of the Camden branch of a federally funded community health organization, a disease was making headlines as "gay-related immune deficiency," or "gay cancer. " As HIV and AIDS became better understood, Wolff led her organization, the Camden Area Health Education Center, to establish a clean-needle exchange, group and individual counseling for those with HIV or AIDS, and HIV/AIDS prevention and awareness campaigns. The community-based mission led the group to create, in 1996, a weekly summertime farmer's market in downtown Camden.
August 13, 2014 |
Marvin B. Pittman, 71, a retired Philadelphia police officer and music collector, died last Tuesday, Aug. 5, of complications from cancer at Nazareth Hospital. Called "Bobby" by his friends, Mr. Pittman joined the Police Department in 1973. He retired four years later after sustaining injuries in an auto accident while on duty. Despite retiring, he remained active in the Fraternal Order of Police Lodge 5. He later worked as a garage security guard at Pennsylvania Hospital, and for SpectaGuard Inc. He stopped working in 2001.
August 11, 2014 |
DURING SPRING training, Roy Halladay regularly reported to work at Bright House Field hours before the sun rose each morning. The dedication to his craft continued into the season. He was meticulous in his routine. Almost every minute of his day was accounted for and had a purpose. Step in his direction when he was making his way from a bullpen session to the weight room and you'd see the steely look of a guy you really didn't care to interrupt. But then one day in Clearwater, a video-game commercial featuring the pitcher and a Carlos Ruiz pillow began airing regularly.