Logansport Pharos-Tribune from Logansport, Indiana on October 9, 1960 · Page 5
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Logansport Pharos-Tribune from Logansport, Indiana · Page 5

Logansport, Indiana
Issue Date:
Sunday, October 9, 1960
Page 5
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SUNDAY, OCTOBER 9, I960. THE PHAROS-TRIBUNE and LOGANSPORT JPKESS, LOGANSPORT, INDIANA PAGE FIVE THE GOLDIN YEARS How To Fix Things To Retire At 60 ' • - , : By THOMAS COLLINS - Retirement'at age 65, as you have'probably figured out by now,' is not something that "was designed by, or for, the 65-year-old people. , You,- could shut, your eyes and pick almost any other age . . and set up a happier retirement time. Age 65 is a little top late for most people to start again, and a little too soon to-stop. Mr. Arthur Williamson is 1 going to do something about this .Not for you or for me. But for Mr. William- "I am -59. My wife is 57. We are both reasonably- sibility -of setting up in the retirement country-where he's going an income , tax service for retired folks."" ' ' , "I'm of the opinion," says Mr. Williamson, '.'that- there's some Naed Buildings At ; .Hpojier_College$ BLOOMINGTON, Jnd! (AP) Hoosier colleges and universities should spend,$372 million dollar: on new" buildings in the 'next 12 years, the Indiana Conference^ of Higher Education said Friday.' 'The group, comprised.of Indiana's ,33 Colleges and universities, predicted enrollment by 1972 will hit. 149,000 students — compared with 83,000 reported lasf year. "At least 50 per cent, of- Hoosier And^help me.JE'll not^let them wring me| Send 35 cen ^ m CQ)n (no stamps) ' ~ „.„„ . _ .,.«*_i j a " (o Pharos-Tribune and Press, Box 1672, Grand Central Station," New York/17, N.Y. out until I'm 65, then give me a watch and the air That ,is his conviction. And here is how he 'will carry -it, out: ; "On my 60th birthday," he says, "I am going to quit nhe "company I have served for 26 years. At that time I'can draw a bobtailed pension of $104 a month for life.'With this .$104 and some sharp f guring my wife and I. can have financial, security . . .", Mr. and Mrs. Williamson own a good house, and think, they can net $16.000 if they sell it. They have 57,200 ,in a savings account, Mr. Williamson has $10,000 in life insurance.-that-he 'can-'convert to paid-up insurance at age 60, with and savings," says Mr. Williamson. "The $10,000 insurance, plus the S7.200 savings and accumulated! interest, plus the interest accumu ' lated on. the house money, shoulc give my widow at least $19,000 If she spent this, at fhe rate ol $100 a month—which is about all she'd need in addition to her $75 a cash value'of about S4;000.' I Social Security and. the trailer— '"WE ARE GOING to sell oiir house," 'Mr. Williamson, says, "and, buy aJ4,000 "used trailer,' either'in the Arizona-California area or in 'Florfda. This will leave us-.$12,000 out;of the Jiouse money. the -$19,00.0 should-.carry- her. for about 16 years And this,doesn't count the interest she, would ''be getting each year on the unused portion of the $19,000 .-.' i. "IF I DIED at' 66, my wife "We'll spend "this 512,000, in would.be 64. if she can have this equal installments, over the five kind of security for 16 years, or years until my Social Security until age SO, we are.both willing starts. This will average out to about $2,400 a year or $200 a 'month; The $200 added .'to my bobtailed pension will give 1 us $304 a month] In- a paid-up trailer in a warm climate we'll have security,.. ...-; : ' ' Mr. Williamson plans to put the $12.000 in an 'insured savings' and Joan association where he can get to gamble on it. After all, this is more than 20 years down the'road from now. Surely Social Security and medical care for the aged will be more generous ... ;" Mr. Williamson concedes that he] has not covered all bases in his plan to retire at 60. The second- IkeOnTY With Ladies WASHINGTON (AP)-President Eisenhower will, sit down for-a half-hour, nationwide television dis; cussioir Monday night ( with 10 women volunteer, workers, for-the Nixon-Lodge ticket. The women, all of whom have MW PAST 40 GIVEN .; NEW HOPE MIAMI, FLA. Oct. 8-(Special) , , . - . Prostate victims can now been active volunteers m'_ canj-, look to a neW| p v oven ave nue of paigns in 10 states, will ask the President questions on foreign and domestic issues of. concern in their home areas ' f "•'''. Sponsored"by the" Volunteers for Nixon-Lodge,' the 'half-hour program will originate "in Washington and be carried over the '.National Broadcasting Co. network (7:30 p.m: CDf). ' the con- better purpose to life than 9 to 5 '^^V^.^f^^L J"!™^ I'm prepared to swap a good income for a modest one to hunt it. ''You, have just, one, .life,., dqn'l you? - . ." '*' ( '^ , . For a, copy of the-new Golden Years booklet by Thomas Collins, earn in the larger ference asserted., ' ' , DlESflN FIRE* ' P-VAL'PARAISO/ ind: Smoking in bed was blamed ,for the Friday night death of ,William Blaese, 58. Fireman found" his body on the floor of hTs burned-out bedroom, 'a ^cigarette stub clutched in his handl •/ Almostj a' r half-million, dollars have been "earmarked" to 'give the sufferer the 1 advantage of- the.'most modern,_ scientific examining and' treating equipment recognized by the country's lead- ins doctors, hospitals and clinics These facilities, supplemented by specialized techniques, discovered, developed and practiced by hand trailer, will wear out afteri on and Henry Cabot Lodge, «rr I 'i - r HL T . • * r , . ICiCU, UCVCJUWCW miii L*LO\,W_^W uj Volunteers, for Nixon-Lodge is iits doct(Jr s; enables &e Coleman .. descnbed as an independent cam- intitule to bring "the prostate jj paign organization which cuts victim a ' PROVEN ' non-surgical across partjulmes to .enlist Dem- ...... ' ' ' ' • ocrats and,, independents ai well as Republicans in support of Republican candidates Richard Nix- a while, even .if he. parks it for '4)4 per'cent interest. He'll takej keeps. "There will constantly be ; out $1,200 even 1 six months and the peril of disastrous medical leave the rest to draw interest. •He'll let the interest accumulate and add it to his $7,200 savings. "WHEN! REACH 65." Mr! Williamson continues, "the house • money will be gone, but Social bills for one or the other. "We have some fa( in our budget," Mr. Williamson explains. "Also, there's a good chance thai the government in a couple "of years will have disaster medical Security of maybe. $100 for . me I insurance for older folks. And and maybe $30 for my wife will begin. (Five years of idleness can cut down his benefits.) My pension will' still be paying, so we'll have $234 a month:" • If Mr. Williamson/should die at, say age 66, his .wife will be • left with only her Social" Security of:$75 or so a month (three- fourths of "her husband's benefit). His pensiori-jwon't carry over to his wife.'"We've.decided.to handle, that situation with-the insurance Its national .chairman, .Charles Rhyne, announced- the program Friday. The women participating come from Indiana, Illinois, California, North Carolina, Louisiana, Massachusetts, New York, West Virginia, Oklahoma and Virginia. method of treatment not to be •I o'-ewhere. As -a health service, the' Coleman Institute has prepared a valuable , and authentic 24-page book on its specialization and will mail it.jwithout cost/or obligation to men- who write for it. Learn what might be done for you. day! did' Send'for a FREE COPY to- You may bless the day jou Address: Dept..ll41 10800 Biscayne Blvd., Miami 38 finally, 'you've got Jo have a little courage .in these matters ..." Mr. Williamson, by retjring at 60, : will be in search of something sweeter than a business career, which he admits .is a pretty good one . . .a position in the auditing | department of a large, good company. . He'll' kick a few tin cans, smile at some pretty girls, walk a few curbstones. "At 60," he. says, "I'll still' be young enough to care." Htfll also explore the pos- PEWEY'S Everyone's talking about the NEWACRILANCARPET FROM THE LOOMS OF MOHAWK NOW! SEE FOR YOURSELF! LOOKS BETTER... Wears longer... Breathtaking beauty in carpeting —plus outstanding value! New random-sheared Marina, ... by Mohawk. Right foe any room , . . modern or period . .,. with rich, deep pile of ACRILAN® ACRYLIC and MODACRYLIC.' Resilient, long wearing. And wonderfully easy to care-for.. Stunning colors; 12' and 15' broadloom widths... for custom- tailored room size rugs or ultra- smart •wall-to-wall ^installation. Moth, Mildew Now ... so easy to own on- our convenient terms. ®R«gisl«r«d Chemitrand T.M. More resilient Longer Easy to care for CELEBRATION October 10 thru October 15 *. . * i ' - - ' to CELEBRATE 10 wonderful years In Logansporr, and byway of saying THANK YOU for your support, we are offering the BEST BUYS at the GREATEST SAVINGS of our entire. 10 years of operation at this location. ' 7- HOW! WALL-TO-WALL OR ROOM SIZE RUGS as little as .95 5Q. YD. Marker At Fifth COLOR! FUR TRIMS! TEXTURES! SHAPES! WHAT'S NEW IN COATS? ... EVERYTHING IN PENNEY'S COAT FAIR 29 to 95 Wipe-clean vinyl plastic looks Jike leather, sports a pile lining! Black polished and ribbed zibelme — matched dyed fitch* collars! Button-up crash plaids, toney Irweeds! Fool-the-eye Orjon® acrylic pile" (cotton backed) simulates fur! Rayon braid-bound chinchilla ,cloth, tweeds! Come see every- , thing new! Come save every cent you can! * oil fur frim» labiled to thow country of origin '/''•' 1 Rtm«mb«r, you c«n,chargt it «t'P«nn»y'«I 1 ONLY WURLITZER TWO MANUAL MAHOGANY SPINET ORGAN With Auxiliary Tone Cabinet For 'BOTH Exciting sound effects. By Wurlitzer, FOR the world's largest buiWer of pianos and organs. PIANOS JUST BARELY ABOVE COST .Anniversary REG. SAL€ PRICE 1495 £720.00 539 '585°° $795.00. Mahogany French Provincial Cherry i.™ $ 529 SO French Provincial $ 805 oo $ 600°° Salem Maple $ 680 .oo $ 529 50 RECORDS 20% OFF Our entire stock. Nothing held back. TAPE RECORDERS VM Model 710 2Track VM Model 720 4 Track Norelco Continental TAPE RECORDER REG. $189:95 $225.00 $269.50; Anniversary SPECIAL 154 85 $ 183" $ 225°° 1 ONLY YM -STEREO CONSOLE 217 2 Pieces Blonde RES. $317.45. .45 YOU CA^T BUY ANYTHING FINER THAN The greatest volues in the mediurr 1 price field Consoles of superb beauty and sound fidelity. •Our Cut- Model Reg' Pi ice 582 3 PC. x SftQO 50 Z7 7 Cherry $36500 815 $ $279 95 _ 815 with $ Radio $"379.95 oo .OO Also bther Console Models Priced from 199" To n025° At comparable Savings To You! Also Portable Models SOUND EQUIPMENT Here's your opportunity to own one of the finest SOUND. SYSTEMS made anywhere ot a price you can't afford to pass up. Just look at these savings. These are all beautiful consoles in Oiled 'Walnut or Fruitwood finish. ANN. SALE ' PRICE MODEL LIST 1051 .- $469.50 1072 $615.00 1077 $639.50 1078 (with am/fm radio) . $78950 Model 1060 Portable with slave speaker and table stand. Reg. $269.20-SA1E Model 1078 Curtain of Sound ' ' in Fruitwood. Total $1158.50 SALE PRICE $348.50 $336.00 5400.00 $500.00 $200,00 $758.50 BUY OF THE WEEK! 1 ONLY MAHOGANY REG. $680.00 495 • .00 Don't Miss This Great esf of All Sales Ce/e braiing Our 1 0f/r Anniversary! MYGRANT HOUSE OF MUSIC 528jfoif Broadway , ( ,i ^ « s v ' - t . '" -,Hj 4 l«ganipo?l, IndJano

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