Word: chasnoff
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Dates: during 1990-1999
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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...