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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Feb 16, 2003
Page
15
Washington Post columnist examines the debate over paying off a mortgage early versus investing. Financial planners give contrasting advice on using cash to retire debt, refinancing options, and how to balance security with potential investment returns.
Readers ask if lower current income reduces age 62 benefits and about charitable gift annuities. The columnist explains benefits estimates assume current earnings and 35 best earning years, with zeros for years not worked. Working less now can raise future benefits but not to original 60,000. See SSA tools for personalized estimates. Gift annuities convert assets to lifetime income, but are not a true 7.7 percent yield. payments reflect interest plus principal.
Andrea Van de Kamp claims Michael Eisner pressured her to resign from Disney’s board after she opposed him on governance issues. The two‑page memo, dated after a Martin Luther King Jr. Day meeting, depicts a sharp split among directors as Eisner trims the board and pushes independence.
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