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September 30, 2005

Today's Lesson: Rethink College Funds

NY Times: Many financial planners advise saving for retirement before putting money aside for a child's college education.

Posted by eubie at 8:14 PM permalink

New Advice to Retirees: Spend More at First, Cut Back Later

NY Times: Some experts have been making waves by suggesting that it may make more sense to withdraw bigger amounts in the early years of retirement.

Recent spending studies show that since as one moves from their 60s to their 80s, they spend less in all categories except health care.

Posted by eubie at 7:44 PM permalink

You Can't Hide Your Lyin' Brain

Wired News: Blood flows to the parts of the brain associated with anxiety and impulse control when liars do their thing. As a result, MRI machines spot fibbers with more than 90 percent accuracy.

Posted by eubie at 7:42 PM permalink