Money Makeover: Phyllis Werlin
November 16, 2009 – 11:42 amThe Boston Globe Money Makeover: A plan for getting by, working less profiles single, 50-year-old Malden, MA resident Phyllis Werlin who is currently unemployed after her second layoff in 12 months. With another job hunt in front of her, Phyllis wondered – can she afford to look for part-time work and use her extra time to pursue other interests? If she did semi-retire now, would she outlive her money?
Levit, of Paragon Financial Advisors in Newton, crunched the numbers, looking at Werlin’s expenses, the expected return on her investments, and the size of her Social Security payments once she reached full retirement age. T
The oversupply problem plaguing the solar panel industry may be coming to a close. A glut of panels caused prices to plunge this year, calling into question the future the industry, as well as the individual fortunes of manufacturers. An increase in demand from Germany is helping to consume the excess inventory on the market, according to a new report by research firm iSuppli, which should provide some support to the manufacturers.
