It is the biggest financial worry for anyone saving for retirement: will I outlive my savings and die broke?
Based on surveys repeatedly pointing to dismally low levels of retirement savings, most American households have reason to be concerned.
The latest report on how many Americans die broke comes from an analysis by the Employee Benefits Research Institute based on data from the University of Michigan’s Health and Retirement Study.
Of those 85 or older who died between 2010 and 2012, roughly one in five had no assets other than a house, according to the analysis. The average home equity was about $140,000. Roughly one in eight of those households had no assets at all.
Those who died single at 85 or older fared worse, roughly a quarter had only some equity in a house — about $83,000 on average. One in six had nothing, and one in 10 died with an average debt of about $6,000.
For those who died at a younger age, the numbers were even worse. Some 30 percent of households losing a family member between ages 50 and 64 had no assets left. Those households also had lower incomes than older retirees.
Courtesy: NBC News
A 16-year-old Indian girl who was allegedly molested on a bus by the conductor and then pushed off while it was moving has died of her injuries, reports said Thursday, April 30, 2015.
“A 16-year-old girl was traveling with her mother on the bus in northern Punjab state (India) on Wednesday when the conductor, a cleaner and a passenger harassed and groped them. Later on they were pushed and thrown outside the moving bus by the accused,” the police superintendent of Moga district H. S. Pannu told PTI.
The news agency said the conductor and cleaner had been arrested and a search was on for the third suspect.
The incident is the latest in a string of attacks on women to have sparked anger in the country and was reminiscent of the gang rape of a physiotherapy student on a bus in New Delhi in 2012. The 23-year-old had died from injuries sustained during the attack, triggering a furious debate on sex crimes and weeks of angry street protests across the country.
In the latest incident, television footage showed the heavily-bandaged mother recuperating in hospital while protesters gathered outside demanding action against the bus operators.
“They kept abusing us. Nobody stopped the bus. They threw me and my daughter out of the bus,” the mother told NDTV news network from her hospital bed.
Muhammad Humza Shahzad, scored 757 while the required score is 700. Humza Shahzad’s parents – Asim Shahzad and Seemab Asim – are from Lahore. They moved to London in Feb 2011 where Asim Shahzad has been working as a senior development manager in a multi-national IT company.
Humza sat in the Microsoft Certified Professional at the Microsoft Institute (Best Training London Streatham, SW16 6HW) in the last week of April and was issued the certification which states: “Microsoft confirms that Muhammad Humza Shahzad has successfully completed the requirements to be recognised as a Microsoft Office specialist for Office Word 2013”.
Humza will be considered the second youngest child in the world who is Microsoft Certified Professional but the youngest one in the world for the “specific area (MS Office Specialist)” as previously a 9 years old kid namely Jomiloju, a primary 6 pupil of Role Model School from Nigeria passed this exam.
The candidate for this examination should know and demonstrate the correct application of the principal features of Word 2013, and should be able to create and edit 2-3 page documents for a variety of purposes and situations. Examples include professional-looking reports, multi-column newsletters, résumés and business correspondence.
Humza had started playing games on IPhone when he was 2 years old and got his first mini laptop at the age of 2.5 years. Using his mini laptop, he continued playing games and then complex puzzles and drawing. He later on started assembling complex Legos more than his age and started creating drawing on papers as well. His teachers said, we always found him to be keen observer and research oriented who never missed even a single detail and in his entire academic area, his teachers said he has always been a superstar for his excellence.”
Courtesy: The News International
She wanted to leave sinful life. The reason she gave was: she didn’t like to include forbidden sustenance in bread of her children. She is mother of two children. She vowed, “Though, no doubt, I have to face problems and complexities initially, but I am ready for that.”
She disclosed that she hailed from Lahore and had to look after two kids, a paralysed husband and her parents, and her in-laws are not resourceful to assist her family. She said, “My both children are receiving education in an English medium school and also receiving Quranic education from a seminary,”
She was speaking elegantly with believe in her eyes. When asked, “How she will face expenditures of her family after leaving this ‘profession’, her reply was surprising.
She said, “Punjab government has established a garment factory in Lahore, which provide jobs to helpless women on Rs14,000 monthly salary”.
This sort of initiative could prove a great step on part of the Punjab government to rescue helpless women from such sinful life. That should be first priority on part of the government as this will leave no excuse that one is left with no other option but to pursue sinful life.
(Based on article by Shakil Anjum published on April 14, 2015 in the News International)
“Ours is a world of nuclear giants and ethical infants. We know more about war than we know about peace, more about killing than we know about living. We have grasped the mystery of the atom and rejected the Sermon on the Mount.” ― Omar Nelson Bradley
پڑھيئے ایک دلچسپ اور معلومات کا حامل بلاگ ” میں کیا ہوں ” پر کلِک کر کہ یا مندرجہ ذیل یو آر ایل براؤزر میں لکھ کر