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Most Read Stories
Police accuse bank robbery suspect of gobbling up note (with dashcam video)
Dad accused of forcing son into field, killing him
Man found dead in North Akron home is identified
Victim of beating in Kent last week is declared dead at Akron hospital
Coventry man killed in crash at I-77 ramp
Browns' roster nearly devoid of consistent players
College student mistaken for deer, shot to death
NFL star Chris Spielman's wife loses cancer battle
Blogs:
Pets:
Cat-loving chihuahua suckles seven abandoned kittens
The Heldenfiles:
Friday Night Notebook
Patrick McManamon:
For your Saturday entertainment …
Akron Zips:
Hitchens leads Zips in second-half comeback
Tribe Matters:
Seven players added to Tribe’s 40-man roster
Cleveland Browns:
Holmgren expresses interest in Browns position
Kent State Sports:
Kent State blown out in second half, loses to Temple 47-13
Cleveland Cavaliers:
Gameblog: Cavs vs. Philadelphia 76ers
Buckeye Blogging:
OSU – Michigan college football rivals meet in Baghdad
Varsity Letters:
Four area football teams play tonight
All Da King's Men:
Headed For Disaster
Blog of Mass Destruction:
Will Health Care Reform Pass?
Akron Law Café:
Health Care Financing Reform: (69) The Brookings Institute Study on "Bending the Curve" – Four General Strategies
See Jane Style:
Vintage Chic
Car Chase:
TIME TO GET YOUR COLLECTOR CARS WINTERIZED
Let's Talk Real Estate:
Silverdome Potentially SOLD!
Ohio Travels with Betty:
George is looking for a Thanksgiving buffet in Akron.
Sound Check:
Steely Dan Plays "The Royal Scam" at E.J. Thomas Hall
HRLite House:
Colloquium at University of Akron
Akron Gamer:
Nintendo's Mario endures even as games come and go
Published on Thursday, Aug 28, 2008
The transition from the working life to the retired one can be jarring, to say the least.
From Consumer Reports Money Advisor, here are some potential retirement surprises:
• Underestimating a budget. This is a pitfall that traps many. With more time to spend, people end up spending more. Estimate a living expenses budget and try to live on that for a year or two before you retire.
• Leaving out the benefits. Being employed comes with benefits. Aside from the obvious ones like medical insurance, there are also the employee gym and the subsidized cafeteria. Employer-paid dental insurance is another one to add to the list. Medicare doesn't pay for dental services except in rare instances.
• Divesting can take time. It was easy to invest your funds in a brokerage account, but taking them out can be another matter. Companies can be incompetent or uncooperative when you want to cash your 401(k).
The transition from the working life to the retired one can be jarring, to say the least.
Get the full article here.
