Logansport Pharos-Tribune from Logansport, Indiana on December 17, 1961 · Page 11
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Logansport Pharos-Tribune from Logansport, Indiana · Page 11

Logansport, Indiana
Issue Date:
Sunday, December 17, 1961
Page 11
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SUNDAY, DECEMBER 17,1961 THE PHAROS-TRIBUNE and LOGANSPQBT PRESS, LOGANSPORT. INDIANA PAGE ELEVEN A Retirement List For Those Past 60 The coming of Christmas and the year's end will bring to you-if you are past 60-some contemplations about retirement. . Following is ; a'list designed to give you a. bit; of nourishment for your thoughts: TAXES-Aft'er .retirement you'll not find income-taxes too painful; if your'only income is Social Security, and a pension:. "But you; had better watch all forms of real estate taxes .if you have' a home in a .community where many children are coming up to school age, or a new community-that needs sidewalks and storm sewers. Bond issues can break your back. Ateo keep an eye cocked toward-any personal property taxes (car, furniture and Mania's rings) or toward intangible taxes (any stocks and'bonds). • . SOCIAL SECURITY—Ignorance on this matter is profound, despite all the efforts of newspapers to explain it. Your Social -Security benefits at 62 or 65,-and your wife's benefits at the same ages, are neat little pieces of information that only a .Social Security office can give you. Your .neighbors can't. Your friends can't. Your company can come close, hut even it can't—only a Social Security office can. You should contact the Social Security office nearest your home (look- in the phone book or ask at the Post Office. Go there and ask questions. Don't be embarrassed. It's YOUR money. ' LIFE INSURANCE-Many people approaching retirement. have life insurance policies that provide what they needed at 35 or 45. You should examine your policies, and if you find 'ttie .provisions of them no longer what you want, you should contact the companies that issued the policies 'and consider conversions that are open to you. Annuities, perhaps. ANNUITIES—What they, pay will differ with your age, how much money you put -into-them; and v^hether or not you" want to -leave GIVE HIM OR:HER a Box of DELICIOUS Stover's Candy Mb.,2.1b., 3-lb., 5-lb. sizes EXCLUSIVE AT TIMBERLAKE'S money .to your heirs. Your life insurance' company has the answers. HUNGER—You have little choice if your retirement income will not be enough to support you. You can appeal to family or friends for help, or you can apply to the Welfare Department of t,he county. You can find it by asking at the Court House or at the City Hall. Bite your lip i fyou must, but if you need help in retirement do not hesilale to go to Public Welfare. Several people have been there before you. INVESTMENTS — All sorts of oddball information floats around retirement circles about how much money you can make on your savings. As a rule, as of right now, a retired person should be satisfied with about 4 per cent interest on savings! This could be in conservative securities recommended by a reputable investment broker. It could be in an insured savings and loan association. Don't reach for more than about 4 per cent unless you are prepared to take the bus to the poprhouse. MOVING—Happiness" is in you. not in where you live. Happiness with a suntan is a bit more pleasant than happiness on ice. JOBS—For people in their. 60's there are virtually no jobs except high-level consultant jobs which executives get... and jobs nobody else will take ,such as watching a crossing, guarding a warehouse or selling notions behind a counter. YOUR CHILDREN —Don't ex- pect a little less than you expect now. Adult children are terribly busy, terribly ambitions and very hungry for money. If-you hold on to your money, refuse to baby-sit, and remain slightly hard to gel, you will fare best... but still not good. Accept this state of affairs and find' interests outside your children. And when you get blue as you will, it may be a reassurance to you to know that nearly all other retired parents do, too For the same reason. For a copy of the new Golden Years booklet by Thomas Collins send 35 cents in coin (no stamps] to Logansport Press, Box 1672 Grand Central Station, New YorK 17, N. Y. - . . Heart Attack Fatal To Cage Storekeeper CRAWFORDSVILLE, Ind. (AP —A heart attack suffered during a basketball game in which his j son was playing caused the death 'early today of Charles R. Don ham, 39, Hillsboro. Danham was stricken at th three-quarter mark of the Hills boro-Veedersburg game p 1 a y e Friday sight at the R i c h 1 a n d Township High School gym in Mel lott. Donham was acting "as score keeper. • -' He was brought- to Culver Ho: pital here and died at 1:30 a.m The game was called by mutual consent after Donham was stricken, with-Hillsboro leading 39-29. Commissioner L. V. -Phillips of the Indiana High School Athletic Association said the.IHSAA board would determine w h e t h e r 4he game would be counted as complete or would have to be-replayed. Donham's son, John, scored nine points in the three quarters played. On Bridge UNSAFETy PLAYS LOSE TRICKS NORTH IS A 954 4T87 •4AQ1084 + 654 WEST EAST ' AJ8732 AA6 ; VQ3B5 VJ1042 "4.K +9853 *J10'8 'SOUTH <DX * K.Q 10 VAK3 • J'7 2 + AK32 No one vulnerable . South West North Eait 1 * Pass 1 *• Pass 3N.T. Pass Pass Pass Opening lead—* 3 Even when your contract i lay down it pays to be careful Otherwise, you will lose occa sional tricks by what I call "Unsafely plays." Playing -at; three . no-trump South wins the second spad lead and sees that there is » way to lose his contract. He will win three diamonds and tw( tricks .in each remaining suit w matter how badly the cards lie fo him. The careful player will make at least 11 tricks. He. will lead the deuce of diamonds at trick three. West will have to play his king and now South will have 11 running tricks. Careful discarding-by-East and West will hold him to five odd. Careless discarding will lei him bring home still one more trick.. • The unsafely play is to lead the jack of diamonds. West will.stil play his king, but now _East will have a sure-diamond trick. Note that the low diamond plays risks nothing.? If . king does -not show on the firsi diamond lead, Soiuth returns to his hand and leads the jack of diamonds. peel too much. You'd better ex DEBATE BIRTH CONTROL UNITED NATIONS, N. Y. CAP) —A U.N. Assembly, committee has agreed to debate birth control in the next Assembly session but knocked out proposals for giving it priority or calling il an important item TAX RATES FORT WAYNE Ind. (AP) Property tax rates in the 46 Indiana cities over 10,000 population average 58.08 per $100 for 1962, the Taxpayers Research Association of Fort Wayne reported Saturday. FIRST TIME: Highest Quality Automatic Electric Can Opener With Bottle Opener Re; 9- $*|O.95 j* u Retail I If Cameo DISCOUNT PRICE $7-97 The f : , VOGUE Model CD first With Sensational .Guarantee PLUS These Features Patents Pending First With Bottle Opener - No Stand To B uy - Mounts On Wall or Stands On Table • Beautifully styled to- fit in aH decors and colors - • Opens any size and shape can. , 'Front is white and rear is gold toned. • Die cast structural parts for great strength and durability. " • Baked enamel finish. . . Powerful motor needs no oiling or attention for years. Powerful magnet holds lid. . - Plated parts are heavily chromed for rust. free protections • Single lever finger tip action. Press to'start—Re- lease to stop. - • , . .. •'.. • Can opener guaranteed for! year . ;, . • Finest quality tool steel rotary cutter easily remov- • , ed for cleaning. " ' • AC only-fl0-120 volts, weight approx,-5 Ibs, WEEK DAYS 9 a. m.-4 p. m. SUiNiOAYS 1-7 p. m. Logomporf j Only Complete Difcount Ct'nter '< YOUR SPORT COATS Beautiful fabrics and' styles in oil the wanted colors. Many year- around weights. Regu,15.00 Slim and trim looking dress pants in gabardines, flannels, docron blends. Solid colors and fancy. Values to $9.95. MOW ONLY Bulky Knit Sweaters . Cardigan and Slipover Only 3 for $8-50 Value to $T2.9S SOCKS Vial. 5Se NOW 3 for $1 JO Vtri. 85c NOW 3 for $1.00 Vol. $1.50 NOW 3 for $2 Fashioned Ban-Ion Shirts 10 Beautiful Colors Men's Shoes to $10.95 All wool* end or- lonl — plains and fcmcies. Values to S2.95. Vol. to $2.00 leather or Stretth Now $| 0« Only 1*00 Choice famous Name Jewelry Sets and Pieces NOW AT •Famous Knox Hats Vol. to $12.95 A Gift Certificate is the perfect gift for a Man's Suit or Coat JACKETS fit Every Man Winchester Clipper Craft Royal 100 Alligator * College Hall *Westfarook400 * Hagger Values to $85.00 $25*35 YourXmasStore 4th & Broadway Open Every Night Until 2/p.m. | SlllilMillMatMtWt*!*!*!*!*!!*!*!!**!!*!!!**!!*!!*!!***!***!!!!***

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