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Archive | January 17, 2013

8 Things That Will Cost More in 2013

Cars – More stringent fuel-efficiency standards enacted by the Obama administration are making engines more expensive to produce, which in turn translates into costlier cars. The sticker price on the Toyota Camry will go up $175 this year and the 2013 Lexus CT 200h will be almost $3,000 more expensive than last year’s model.    Full Article…

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Middle Class Taxes Just Went Up

The New Year’s Day accord makes permanent tax rates that were scheduled to rise on 99 percent of Americans, sidestepping a huge tax hike for most Americans. The one exception is a higher tax rate on couples who earn $450,000 or more ($400,000 for individuals), which more or less fulfills President Barack Obama’s pledge to  Full Article…

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Positive Retirement Trends

News stories in the last year and especially in the last month have been filled with doom and gloom with all the talk of fiscal cliffs and higher taxes. However, 2012 did contain continued good news for older Americans and some positive trends. Healthy Seniors Retain Financial IQ: MetLife research found that healthy seniors are better at  Full Article…

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CEO’s Calling For Retirement Age To Be 70

An influential group of business CEOs is pushing a plan to gradually increase the full retirement age to 70 for both Social Security and Medicare and to partially privatize the health insurance program for older Americans. The roundtable is basically saying that those over 55 should be ok, but anyone under will be affected by  Full Article…

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