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Can You Save for College and Retirement?

Your first step in addressing these objectives is to maintain realistic expectations. Consider the issue of paying for college. Right now, the average four-year cost (tuition, fees, room and board) is about $80,000 for in-state students at public universities and approximately $180,000 for private schools, according to the College Board. And these costs are likely to keep rising in the years ahead

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How Can You Leave the Legacy You Desire?

Of course, "legacy" can mean many things. In the broadest sense, your legacy is how you will be remembered by your loved ones, friends and the communities to which you belong. On a practical level, establishing your legacy means providing your family and the charitable organizations you support with the resources you would like them to have.

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Adams Selectmen Thank Longtime Council on Aging Van Driver

The Selectmen on Wednesday night thanked Council on Aging van driver Rita Clarke for her 24 years of service.

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What Does Conservative Investing Mean to Older Investors?

For starters, it's useful to understand that your investment preferences and needs will indeed change over time. When you're first starting out in your career, and even for a long time afterward, you can afford to invest somewhat aggressively, in stocks and stock-based investments; because you have time to overcome the inevitable short-term market drops. At this stage of your life, your primary concern is growth – you want your portfolio to grow enough to provide you with the resources you'll ne

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Williamstown Rural Lands Honors Retiring Executive Director

Surrounded by the pastoral setting she worked for more than two decades to protect, Leslie Reed-Evans received the heartfelt congratulations of the Williamstown Rural Lands Foundation at Saturday afternoon's annual meeting.

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Berkshire Athenaeum Honors Retired Director Ron Latham

Libraries have changed a lot in 24 years. They have gone from having large card catalogs to find the book with the information the patron needs, later adding desktop computers, to now being able to check out wireless hotspot times, iPads, hands-on learning tools for children, a telescope, to a 3D printer. You can even eat and drink in one portion of the library. But, shhh! You still have to keep your voice down.

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Help Protect Older Adults from Financial Abuse

Unfortunately, it is possible for anyone to become a victim. For a variety of reasons, older adults may be easier targets than younger people.

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Plan for Health Care Costs During Retirement

In fact, your health care costs during retirement may well increase, so you may want to plan for these costs well before you leave the work force. How much can you expect to spend on health care during your retirement years?

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BRPC Crafting Succession Plan For Executive Director

BRPC Executive Director Nathaniel Karns knows a thing or two about planning. He's been in the business for 40 years with most recently a 23-year stint as the executive director of Berkshire Regional Planning Commission.

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North Adams Council Bids Farewell to Assistant City Clerk

The City Council on Tuesday bid goodbye to one longtime employee and welcomed her replacement. Assistant City Clerk Nancy Canales, who retired last week after nearly 19 years with the city, was presented with framed and personalized map of historic North Adams by the City Council.

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What Should You Know About Taking RMDs?

Once you turn 70 1/2, you generally need to start taking withdrawals – the technical term is "required minimum distributions," or RMDs – from your traditional IRA and your 401(k) or similar plan, such as a 403(b) plan (for employees of pubic schools, religious institutions and other tax-exempt organizations) or 457(b) plan (for employees of state and local governments and governmental agencies).

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Investment Tips for 'Millennials'

But since you do have so many years until you retire, you’ve got the luxury of putting time on your side as you save and plan for retirement.

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Adams Acknowledges DPW Employee After 39 Years Of Service

The town acknowledged longtime Department of Public Works operator Larry Robert, who is retiring after serving the town for 39 years.

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Here's Your Retirement 'To Do' List

This can be a helpful tool for organizing your activities in the near future – but have you ever thought of developing a "to do" list for long-term goals, such as a comfortable retirement?

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Longtime Adams-Cheshire Custodian Retires After 39 Years

Stanley "Stash" Cote hung up his mop and broom for the final time on Wednesday. The longtime custodian spent 39 years cleaning up after the children of the Adams-Cheshire Regional School District. But Cote's expectation of sweeping up and walking into retirement didn't go as quietly as expected. Instead, he was met with a hall full of students and faculty thanking him with a "walk of honor."

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How Should You Use Retirement Plan Distributions?

So, assuming you do have a traditional IRA and a 401(k) or similar plan, what should you do with the RMDs? You'll probably require at least some of these distributions for your living expenses, but if you don't need it all, what should you do with the "excess"?

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It's National Save for Retirement Week – So Take Action

Obviously, you'll want to avoid having either financial regrets or major shortfalls in your retirement savings.

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Want to Retire Early? Start Planning Now

But what if you don't want to wait until 63 or so? Can you afford to retire early?

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Diversification Is Still Important for Retirees

Once you retire, you may need to look at your investment portfolio somewhat differently – instead of "building it up," you may now want to think of "making it last."

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Be Aware of Challenges to Managing Retirement Income

So, all in all, it’s a good idea to think about ways to boost your retirement savings now, before you’re retired. And once you do retire, you’ll need to be adept at managing your income.

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Don’t Keep Family in the Dark About Your Plans

Specifically, you need to inform your spouse and your grown children what you have in mind for the future – because the more they know, the fewer the surprises that await them down the road.

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North Adams Superintendent Gets Video Send Off

Mayor Richard Alcombright thanked Montepare for helping so many families in the city, including his own. "You've been a tremendous friend not only to me but to everyone who's come in contact with you," he said. "You always find the right thing to do and the right way to do it." Montepare, who retired a few months ago but stayed on as a part-time interim was attending his final School Committee meeting. His replacement, Barbara Malkas, begins on July 1.

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Mister Tire Closing After 38 Years in North Adams

One sure sign that winter is coming has been for decades the spiraling line of vehicles leading to the doors of Mister Tire No more. After more than 40 years, Larry Davis is cleaning his hands of the tire business. Davis confirmed on Tuesday that Mister Tire will be closing its doors on June 4

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Here’s How to Keep Your Portfolio Healthy

Of course, while nurses and doctors can help you in many ways, you can do a lot of good for yourself by adopting healthy living habits, such as eating right, exercising frequently, and so on. But you can also do much to help your financial health.

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