BA50 Looks at the News

Some New Math for the 4% Retirement Rule

The 4 percent rule has been followed by many retirees since 1994. It advises them to withdrew 4 percent of their initial retirement portfolio balance, and then adjust that dollar amount for inflation each year thereafter, thus creating a paycheck that will last for 30 years. Some critics are now saying it’s time to bag…

You’re Underestimating Your Plants

Ah, the “garden variety” house plant…so boring, right? Wrong, plants are “people too.” According to plant researchers, “They have the same five senses as we humans, along with 15 others: along with being able to detect light and smells, they can sense the presence of water, for one, as well as chemical signals sent from…

Grandparenting 101 for Boomers

“Becoming a grandparent for the first time is like revisiting an exotic country that you loved long ago, only to find that everything’s changed — the layout, the customs, even the language. The experience is just as wonderful as ever, but it takes a while to get your bearings.”   From the Washington Post: Grandparenting…

Should You Get a “Senior” Bank Account?

“It isn’t hard to figure out why some banks and credit unions offer special checking accounts for customers they call “seniors.” Once they establish banking relationships this way, they can try to entice the new account holders with savings accounts, loans and retirement accounts.” From marketwatch.com: Should You Get a “Senior” Bank Account?