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...those with household incomes between $50,000 and $125,000 a year--spend less than an hour a month planning for their retirement. That's just one of several blunders identified by "Boomers on the Brink," a survey of 35-to-55-year-olds' retirement-savings strategies conducted by ING Aetna Financial Services...
...Failing to protect your main asset: you. Nearly 40% of workers surveyed in the ING report don't have disability insurance. Yet the same percentage have a good chance of being out of work for three months or more at some point. Solution: Get some disability insurance--the inflation-indexed kind is best...
...credit open to delinquent debtors, a move that has put a straitjacket on liquidity and dampened investment. Malaysian Prime Minister Mahathir Mohamad clings to a peg that has hugely overvalued the ringgit. "It's going to take Thailand and Malaysia 10 years," says Tim Condon, chief economist at ING Barings. "So far, most Asian economies aren't willing to let the market have its way with them...
...still hear the Wibbage jingle, with some Johnny Mann Singers-type ensemble perkily warbling, "W-IBG,/ Where your dial belongs the ev-en-ing through,/ W-IBG,/ Joe Niagara spins the hits for you." Known as the Rockin' Bird, Niagara had been with the station eight years before the music revolution, but the young pro fit smartly in any format. His shtick was to run the end of one sentence into the beginning of the next, then take a breath in the middle. It brought suspense to the simple craft of reading commercials you never knew. When he'd pause...
...Nevertheless, Tanaka is now discovering that winning over the voters was the easy part. His pero-pero-ing of the public is still going well: housewives continue to adore him and young people think his brashness is kakkoii, or cool. His guri-guri-ing of the political establishment, however, is proving to be a more strenuous task than an assignation with Mrs. U at the Hyatt. The ldp hacks in Nagano have overruled his plan to stop dam construction and rammed through their own budget. (Even though Tanaka is Governor, they still hold the majority power in the prefectural legislature...