Word: markets
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Many people banked on their portfolios to generate annualized returns of 8% to 10% a year, and much of that was wiped out during the stock-market correction of the past two years, says Corbin. Also, many are concerned about cuts to Medicare, Medicaid and Social Security benefits and the solvency of financial institutions such as banks, insurance companies and brokerage firms. "All of that thrown into a pot gives a tremendous amount of uncertainty to older people," he says...
However, he believes the survey's results reflect emotional responses rather than reality. "People are frozen with fear - this unbelievable emotional roller coaster has caused people to make decisions to continue to work even if they didn't need to," says Evans. "There's a belief that because the market has dropped and the economy appears to be terrible that they do not have enough to make ends meet ... But oftentimes, if they put pen to paper and examine the financial implications of the market pullback, they will find that they...
...hungry and lazy masses: today is HSA Market Day. The deadline to make orders online here has been extended from 4 to 7 PM today, so now you'll have some extra time to get those midnights cravings taken care...
...deadline was extended for three more hours because of an increase of approximately 60 percent in revenue over last spring's Market Day, according to Michael K. Oberst '12, assistant manager of the Dorm Store, the agency that is running the program. The addition of Quincy House to the Market Day roster—which only included the four other Houses in its pilot stage—has yielded greater results...
Find out more about Market Day and details about pick-up, after the jump...