Word: chasnoff
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...boomer bulge have the financial stability to retire comfortably and interests and passion that are leading them in new directions. About one-quarter to one-half of all clients seeking the help of financial planners these days are early retirees between the ages of 50 and 55, notes Michael Chasnoff, a Cincinnati, Ohio, financial planner and chairman of the National Association of Personal Financial Advisors (NAPFA), which represents fee-only planners. And of the 20 million or so self-employed people in the U.S., 41% are in the 45-to-64-year-old age group, says Bennie Thayer, president...
...Paul Westbrook, a Ridgewood, N.J., financial planner. Total up your annual personal expenses--such as rent or mortgage, utilities, food, health insurance, clothes, car, entertainment--and plan to have liquid assets--such as Treasury bills and money-market mutual funds--available to cover three years' worth of those demands, Chasnoff recommends...
Whether such success can be replicated on a large scale is uncertain, but the evidence is encouraging. A study by Dr. Ira Chasnoff and his staff at Chicago-based NAPARE followed 300 cocaine-exposed babies who, along with their mothers, received intensive postnatal intervention. Of 90 children tested at age 3, 90% showed normal intelligence, 70% had no behavioral problems, and 60% did not need speech therapy...
...concerned that by threatening to prosecute pregnant drug users, officials will end up driving away even those women who could be assisted. "This sends a clear message to the women most in need of prenatal health, that it is dangerous for them to get help," says Dr. Ira Chasnoff, president of the National Association for Perinatal Addiction Research and Education. "It's a punitive approach that is being taken out of frustration by the legal and medical communities...
...newborns at Highland General Hospital, which serves Oakland's rough inner city, were contaminated with the drug. So far this year, about 20% of all babies born at Highland have been afflicted by crack. The problem, however, is not confined to low-income, minority patients. Says Chasnoff: "Our findings cut across all socioeconomic backgrounds...