More Interesting Info

June 10, 2007

Newsletter 6-10-07

Filed under: newsletter — seniorgeek @ 6:50 pm

StoryCorps is a national project to instruct and inspire people to record one another’s stories in sound. StoryCorps is made possible with the generous support of the Rockefeller Foundation, the Corporation for Public Broadcasting and the Carnegie Corporation. WNYC Radio is the public radio sponsor of StoryCorps-Grand Central. StoryCorps now has over 10,000 audio interviews. Take some time to listen to some great informative audio.
http://www.storycorps.net/

I know some of my readers are close to retirement age and the question a lot of people wonder is, “can I afford to retire yet?” PBS has developed a web site to help answer this question. The site has Frequently Asked Questions about pensions, 401(k)s and how much to save for retirement. An update on the 2006 pension law, plus expert analysis and articles on what’s gone wrong and what’s ahead, and industry insiders and retirement experts discuss the state of retirement today. A closer look at the employees featured in this report and a sidebar video story on pensions lost to bankruptcy.
http://www.pbs.org/wgbh/pages/frontline/retirement/

Since we are talking about financial matters, SmartMoney.com has a good section called “Nine frequently asked questions about IRA’s”. They cover a lot at this section of their web site. Actually you should bookmark their home page too. This site is an outstanding resource on all thing financial and written in easy to understand prose. One of my favorite sites.
http://www.smartmoney.com/retirement/ira/index.cfm?story=faq

What is a dollar worth? Next you say, in terms of what? Well how about in terms of what a dollar was worth say, in year 1970. There is an easy way to find out. The federal reserve bank has a nifty calculator that will figure out how inflation has affected the value of the dollar.
Based on this web site calculations the gas I bought for my car when I was in high school at $ .35 per gallon should cost $2.28 a gallon now. Hmmm, we are not too far off that right now. I bought gas yesterday for $2.78 a gallon.
http://woodrow.mpls.frb.fed.us/research/data/us/calc/

Another good place to check out what is happening in the world of consumer finance is the Consumer Price Indexes. This program produces monthly data on changes in the prices paid by urban consumers for a representative basket of goods and services. Data is organized in many different sections including areas of the country, average prices, special product prices, wages, etc. Lots of data here for your review.
http://stats.bls.gov/cpi/

“Don’t lose sight of common sense and discernment. Hang on to them, for they will refresh your soul. They are like jewels on a necklace. They keep you safe on your way, and your feet will not stumble.”

Advertisements

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: