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WashPost |
Retirees Back To Work Stock Dead
- Like many Americans, Oradei's retirement nest egg is composed largely
of stock. This allowed him to retire earlier, and richer, than he ever expected
to amid the bull market of the late 1990s. But when the Dow Jones industrial
average tumbled below 9000 on the first day of stock trading after the Sept.
11 terrorist attacks, he picked up the phone and inquired about a job
- "phased retirement," in
which workers leave their full-time jobs but find part-time work to supplement
their savings
- She
took the proceeds from the sale of some real estate holdings $38,000
- At the market's peak 18 months
ago, Bregman, who is divorced, owned a stock portfolio that was worth
$120,000.
- "I should have sold then," she said
the famous last words of this volatile economic time.
- Her
portfolio is now worth $4,154.
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