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IN THIS ISSUE: 
Personal Money Planning's Newsletter
April 9, 2016
Welcome! This time, we talk a little about time, specifically how much time it takes to get to work. I've also shared a little quiz to see if you act your age, at least when it comes to saving; and I noted a few things to look forward to once you are retirement age (or thereabouts.)

As always, we share links to my recent articles, too. 

Enjoy!

Gary Silverman, CFP®
Soapbox
Gary's Soapbox
We're #1!
Gary Silverman caricature
Although we lead the world in economic productivity, total economic output, earnings and wealth per citizen and a variety of other categories, there is certainly a cost. Americans can now can add something new to the list: time spent in automobiles during our daily commutes to work.

The annual Traffic Scorecard compiled by INRIX in Kirkland, WA reveals that the average automobile commuter spends nearly 50 hours a year stuck in traffic-more than Belgium (44 hours), the Netherlands (39 hours), Germany (38 hours), Luxembourg (33 hours), Switzerland (30 hours), Britain (30 hours) and France (28 hours). Among major cities, only London (101 hours) beats the largest American cities, led by Los Angeles, where people spent an extra 81 hours in rush hour congestion last year.

In all, U.S. commuters wasted an aggregate of eight billion extra hours stuck in traffic-more than an entire workweek per year per worker. 

--Gary

P.S. This is why I like living in Wichita Falls. Five minute commute and I have to drive to the Metroplex to remember what snarled traffic looks like. 
Articles
Gary's Latest Articles
From the Times Record News
Technology: Great, but we still need people
Advances such as automation can hurt individual jobs, but there is still an opportunity to create more opportunity. That is, if we manage people correctly.  Read more...

The Perfect Storm 
We are living in a worldwide economy, and this is evident when we look at all the pieces of this current oil story. Supply everywhere crept up, while demand reduced, causing some chaos. Read more...
Money101
Money 101:
Act your age!
school-group.jpg Your spending age, that is. T.Rowe Price shared this quick little quiz that compares your actual age to the age you are acting like when it comes to saving for retirement. Click here to take the quiz.
Final
Final Thought
Financial Perks for the Older and Wiser

Sure, society may still celebrate all things young, but those whipper-snappers don't get the same benefits as the mature folks. Here are a few reasons to party as you get into your 60s and better.
      • Discounts: Many places, such as movie theaters, museums and entertainment venues offer discounts. In some cases, there may be grocers or clothing stores that will give a discount. Often, they are only available if you ask and provide proof of age, so why not? AARP also negotiates numerous discounts for products and services for its members (membership is only $16/year, or less if you pay for 5 years or more at a time). A local example: my bowling got cheaper at the Village Bowl once I turned 55.
      • Travel deals: Again, with AARP (no, I am not a paid spokesperson) many hotels and rental car companies will provide a discount. Sometimes you don't even have to be an AARP member, you just have to be above a certain age.  On Greyhound and Amtrak, travelers age 62 and older are eligible for a discount off their fare. Flying? Southwest Airlines has senior fares for passengers age 65 and older. The National Park Service has a great deal, maybe the best. If you are over 62, you can get a lifetime pass to over 2,000 federal recreation sites for $10-$20 (depending where you order your pass). Perhaps the best travel deal of all is provided by the National Park Service. Citizens age 62 and older can get a lifetime pass to over 2,000 federal recreation sites for just $10 in person ($20 online or via mail).
         
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