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Show ' News Boom or bust: A generation approaches l ' f SOUTHERN UTAH NEWS WEDNESDAY NOVEMBER 4, 1998 mid-lif- e The generation that changed nations economy to absorb milthe face of this nation now faces lions of additional workers into the workforce. As this generachanges of its own. Most Baby Boomers, those 76 tion approaches midlife, it conmillion Americans bom between tinues to present enormous chal1946 and 1964, have subscribed lenges for the economic future of to the live for today philoso- America. In only 10 years, when the phy. But, with retirement on the horizon, Boomers need to oldest Boomers turn 62, they prescribe to live for tomorrow. In its infancy, the Boomer generation helped create increased demand for housing. When Boomers reached el-- v ementary school ,age, they forced substantial investments in school construction and the hiring of more teachers. When they later entered colleges in record numbers, Boomers demanded more higher education resources. When Boomers reached maturity, jt was necessary for the LEPC Continued from Page 3 An inordinant amount of time was spent discussing the statewide reprogramming of radios, ofwhich in our area, will primarily affect the Utah Highway Patrol. Pete Dalton of the National Park Service, Glen Canyon, said that there will be an event held there on November 7&8. 30 teams will be Eco-chal-len- ge participating with 45 support vehicles observing the ecologically challenged. savings plans also. As is, Social Security is solvent until 2032. But moderate changes are needed to secure it for Baby Boomers and other future generations. At the same time, inadequacies in private pensions, savings and disability insurance deserve the equal atwill place tremendous stress on tention of Americas the nations public and private of the Boomer retirement systems. How About d Boomers will fare individually generation appears to have a and how the economy will per- secure retirement future comform are paramount issues, es- plete with savings, pensions, pecially with Social Security and home ownership and protection from higher health costs. Medicare in need of reform. d of Boomers It is generally perceived that a Another to less have of seem the substantial portion generous penBaby Boomer generation has greatly sion coverage, more modest reunderestimated the cost of re- tirement savings and higher tirement or deliberately ignored health insurance costs. And and have incomes it. Whether or not some Boomers other below been have $25,000 annually, are financially for or indifferent toward more likely to be single-earne- r retirement, an attitude adjust- households, have more intermitment is needed. So, for that tent work histories, lack penmatter, are helpful information sion coverage, have small or no resources to enable a reversal of savings and pay rent.. No matter how much a Boomer fortunes. The American Association of earns, the main problem seems Retired Persons is one such re- to be an inability to saye., AARP, source. AARP understands the 'with information and 'through ''.4 . continuing importance of social encouragement and education, Eggbert Carrothand insurance programs, which may be able to help. For inforCarrothand. The strange were never intended to be and mation about retirement plan- This is not Edward ScissorHands, or write carrot grew to appear like a hand. Photo by Myma Cox. . should not be the only income ning, call for retirees. Social Security the AARP Utah State Office at d 6975 Union Park Center, Suite should be one leg of a stool, said AARP Utah 320, Midvale, UT 84047. iE3S The I want it now generaRepresentative Kirsten Ball. too. d tion can have it later, We encourage an employer-supporteflSTf (3 GfiiGm It doesnt have to be Boom or or private pension plan such as 401K and private Bust! policy-maker- s. one-thir- one-thir- one-thir- but-Eggb- 801-561-10- 37 three-legge- n3!l(U Now Available EVERY WEEKDAY (Monday thru Friday) For AH Your Glass Needs National Glass Association Certified Original Manufacturer Quality Glass and Installation Materials Workmanship Guaranteed as Long as You Own Your Car Low Overhead to Pass Savings on to Customer Free Mobile Service or Pick-u- p and Delivery Wfi3JST6lill& Get the Philips Isis-on- e of the most popular phones on the market-fo- r CELLULAR 235 South 100 East Kanab 644-590- 6 Offer is valid for new activations on qualifying service plana. 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