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If you’re age 60 or over and daunted by the prospect of having to work again, or just as bad, the idea of putting off retiring indefinitely, then a new movie might provide a little goose.

The documentary Gotta Dance chronicles the first season of the NETSationals, New Jersey Nets’ cheerleading team. Unlike your standard squad, this one’s comprised of mostly untrained dancers aged 60 and over. Instead of retiring and hitting the couch, its participants took a chance, auditioned, and won places on the special team. During lulls in games, the group — some of whom are grandparents of the buxom young fawns on the standard cheerleading squad — hustles to center court and shakes their stuff to hip-hop music while the crowd goes wild. (Continue the story…)


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With the stock market having handed investors massive losses — in spite of the recent upturn — there was a flight to security in the first quarter of 2009.

USA Today recently reported that “Fixed annuity sales jumped 74%, to $35.6 billion, the highest ever, for the three months ended March 31, the most recent data available from insurance consulting firm Limra.”

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As if you needed another reminder that identity theft is still alive and well, I thought I’d give everyone a fresh example.

First National Bank in Howell, Michigan just had to deactivate approximately 2,300 debit cards because their account numbers may have been compromised, according to the Daily Press & Argus.

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Dr. Scott Nelson has found a growing problem among his patients in rural Mississippi, and it’s not related to a disease.

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How should you spend your retirement money? For years, senior citizens have been overspending and accumulating more debt, according to a recent study by Demos, a non-partisan public policy group. Such overspending can lead to financial death, or as one unusual story shows, lead to complications with the other kind.

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WalletPop recently had a story about signing bonuses that banks (and some other companies) are offering to anyone who becomes a customer.

Well, here’s a new one: Key Bank is giving new customers a Garmin nuvi 1200 GPS to anyone who signs up by Sept. 11 for free checking. You can get a more advanced (1350) GPS if you get the Key Privilege Checking account.

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Bank of America’s CEO, Ken Lewis, has been framing plans to close as many as 10% of its branches, not just a cost-saving method, but one that’s time has been coming since so many of its customers are using mobile and online banking these days.

Interesting point and probably true. Still, its timing is lousy. While a bank has to do what it has to do, it’s sad to see yet another business plotting to kill jobs during a flagging economy. Bank of America has 6,100 branches, and so if it cut as much as 10% of its branches (an exact figure hasn’t been determined), that’s a lot of full-time and part-time positions lost.
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For anyone with a child in college, filing a tax return for 2009 should be a little less painful.

While filing your taxes is the last thing you want to think of as the remaining free days of summer tick away, now is a good time to remind your college student to start saving book receipts and keep track of other college expenses before they start spending.

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Yodlee logoIn the world of online personal finance services, each site performs the standard tracking and reporting features respectably, but it’s the execution and additional features that make a service standout. For Yodlee, which powers Mint.com and 32 of the top 50 banks, its strengths are the number of accounts you can add, net worth calculation, and plethora of alert options.

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Yodlee logoIn the world of online personal finance services, each site performs the standard tracking and reporting features respectably, but it’s the execution and additional features that make a service standout. For Yodlee, which powers Mint.com and 32 of the top 50 banks, its strengths are the number of accounts you can add, net worth calculation, and plethora of alert options.

(Continue the story…)