| Chat transcript with Roy Komack
Roy Komack founded and serves as president of the Family Financial Architects, Inc in Natick. He received his MBA from Boston University and is a Life Member of the American Association of Individual Investors and NAPFA-Registered Financial Advisor. Here is the transcript from Oct. 2, 2006, of Komack answering Boston.com readers' questions about personal finance and investment. .
Pensions help for the fretful fifties
Fears of a generation of older workers retiring with negligible pension savings have prompted the City regulator to target those in their late fifties and early sixties with a new 'last-minute' saving awareness campaign. The Financial Services Authority (FSA) wants to warn what it calls the 'pre-retired' - those within two years of retiring - to the potentially huge gaps between the amount they expect to retire on and what they may actually end up with. Its national campaign for 'anxious aspirants', which will start on 17 September, will highlight how those who have saved little can still make up for lost time. 'We don't want these workers to panic; rather to consider their options,' says an FSA spokeswoman. For many with little in the way of savings, these options are not cheap and usually include an equity-release element to tap into the value of a home; working beyond 65; 'buying' extra years of an occupational pension scheme; and delaying the taking of the state pension.
'High School Musical 2' takes its blockbuster status seriously
This takes place amid songs, dancing, cute clothes and cutting loose during a summer when all his school's Wildcats work together at a scenic desert country club. That moral-of-the-story springs from a discovery by Disney's "HSM"-meisters after the original became a blockbuster sensation. Their "Grease"- for-a-new-generation turned out to have a substantial impact on high school culture they hadn't anticipated from the simple tale of a hotshot basketball player who decides to try out for, yes, his high school musical. Surprising response "We just set out to do a fun story," scripter Peter Barsocchini said at the press tour, "but the feedback we're getting is it's having an influence of being inclusive, rather than exclusive, between athletes and drama kids." When the movie's athletes sang and danced with their round balls, it made such "artsy" activity seem, well, macho.
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