The Columbus Telegram from Columbus, Nebraska • 29

Sunday, April 26, 1998 Columbus, Telegram -1 Some not in love with 15-year mortagage isss Digest Some planners see better return for owners by putting money into retirement plans whether it can be carried out by average home owners. "It assumes the borrower will have the discipline to set aside monthly savings and invest each month. Look at the dismal savings rate for the U.S. vs. other countries," said Peter G.

Miller, a Washington, D.C., author of several consumer real estate books. The assumption is also that investing each month will yield a higher rate of return than investing in your mortgage." Jonathan Pond, a Boston-based financial planner, agreed: The assumption is that all of your money is put into stocks. But most people prefer to have both high-and lower-risk investments, which include bonds, which have a lower rate of return." Pond, however, thinks borrowers will be better off in the long run contributing to a retirement plan than making an extra mortgage payment. If they can do both, all the better. See MORTGAGE, Page 3E Under the 15-year mortgage scenario, the borrower begins a savings plan only after the mortgage is paid off, then invests the entire mortgage payment in a tax-deferred retirement plan earning 10 percent a year for 15 years.

The borrower with a 30-year loan, on the other hand, immediately invests in a retirement plan, also yielding 10 percent, using the monthly difference between the higher payments of the 15 year and lower payments of the 30 year. The monthly payment on the 15-year loan amounts to $1,390.52, or $16,686 annually, excluding property taxes and insurance. On the 30-year loan the payment is $1,100,66, or $13,208 annually. The study found: The home owner with the 30-year mortgage builds a retirement account of $1.17 million vs. $791,000 for the owner paying off the mortgage in 15 years.

While most financial experts agree the plan works well in theory, some question deferred investment plan," such as an employer-sponsored 401(k) plan or individual retirement account, concluded a study in the April edition of the Journal of Financial Planning, the trade publication of the Institute of Certified Financial Planners. The study, conducted by Delbert C. Goff and Don R. Cox, professors from Appalachian State University in Boone, N.C, analyzed a $150,000 mortgage for a borrower in the 33 percent combined federal and state tax bracket. The borrower has to choose between a 15-year mortgage at 7.5, percent and a 30-year loan at 8 percent, (Current market rates are actually lower around 6.8 percent and 7.2 percent, NEW YORK AP) With interest rates low, more home owners have been opting for a 15-year fixed-rate mortgage over the traditional 30-year mortgage both for new purchases and to refinance existing loans.

Although the monthly payments are higher, they can save tens of thousands of dollars in overall interest costs, plus own their homes free and clear in half the usual time. Also, 15-year mortgages typically carry lower rates up to half a point lower. While that's mighty appealing, some financial experts argue it may not be the best route, even for those who can easily afford an accelerated payback. "Many home buyers would be much better off taking the lower 30-year payment and investing the difference in a tax- I'M 1 1 i I 4 ft it" il'i 1, i.1 i i i IS. I ii Ha Help wanted ad Michelle Rios stands In front of a sign that is part of Greater Dubuque Development's campaign to entice people to where there is a workforce shortage.

The group is looking for at least 1,000 workers, but will take more if there is who works on the project. AP Photo dentist's new clinic opens wide A. Johar J. Johar Columbus doctors moving to Colorado COLUMBUS Doctors Amy and Jassi Johar of Columbus will move to Fort Collins, Colo. Mrs.

Johar, a pediatrician at Columbus Community Hospital Pediatric Clinic, resigned effective Thursday. After several months off following the birth of the couple's second child in late April, Mrs. Johar will work two or three days each week for the Fort Collins Youth Clinic, a large pediatric group. Johar, an emergency physician at CCH, will leave his position sometime in May. He will work for Emergency Physicians of Fort Collins.

The firm staffs the Poudre Valley Hospital in Fort Collins. The emergency department there sees 45,000 patients a year. The Johars moved to Columbus in July, 1996. They have one daughter, Jamie, born in February 1996. Klutman to become NMA president COLUMBUS Dr.

Ronald W. Klutman of Columbus Family Practice Associates became president of the Nebraska Medical Association Saturday. He will be a spokesman for the 1,900 NMA members and will help set health-care policy for the association. Klutman, a Columbus native, founded Columbus Family Practice, 3611 27th in 1976. Klutman At that time, he had one nurse and a receptionist.

Since that time, the practice has grown to five physicians and 22 staff members. "It's an honor for me and my family and all the physicians (I will represent)," Klutman said. Pair earn MBA by satellite IRVING, Texas Jean Sobota and Penny Barels, both employed at Columbus Community Hospital were among 19 health care professionals nationwide to graduate on April 18 from a unique University of Dallas MBA program that is taught entirely by satellite broadcast. They were in the second graduating class of the Health Services Management program. Super 8 Motel "squeaky clean" NORFOLK The Columbus Super 8 Motel was honored during the 4th Annual Supertel Hospitality Inc.

National Convention April 14-16 in Norfolk. It was awarded an Excellence in Cleanliness award. The award recognizes cleanliness and quality assurance as judged by Super 8 Motels quarterly inspections. The Columbus Super 8, 3324 20th earned the award by obtaining an excellent rating on all four inspections. The motel is one of 62 properties owned and operated by Supertel Hospitality Inc.

of Norfolk. SiomC Monday Columbus Area Chamber of Commerce: Legislative Committee, chamber office, 7 a.m.; Commodores, Curves for Women, 10 a.m. Wednesday Cofumbus Area Chamber of Commerce: Clean-up Task Force, chamber office, Noon Thursday Columbus Area Chamber of Commerce: Commodores, A.0. Dimensions, 10 a.m. fx KJSK-AM marks its 50th year Radio station sets celebration today COLUMBUS KJSK-AM News-Talk 900 radio station will celebrate its 50th year with a golden anniversary celebration 2-8 p.m.

today the New World Inn in Columbus. There will be music and polka dancing with Math Sladky and Mark Vihlydal and door prizes for those who attend. Radio station KJSK-AM, 900 kilocycles and 1,000 watts non-directional, went on the air April 28, 1948, with a 260-foot tower, transmitter and studio facilities on Shady Lake Road just northwest of Columbus. The station is still at that location. ORIGINAL OWNER and manager George Basil Anderson had a vision to provide Christian programming and an outreach ministry to the community.

At the heart of KJSICs programming was "The Glorious Gospel Hour," which Anderson had directed on another Nebraska radio station for five years. The program provided listeners with inspirational Christian music and a timely devotional message for the day. The Glorious Gospel Hour continued to be a daily feature of KJSK for more than 30 years. Much of the programming was performed live in the studio in the early years and featured many popular Christian radio preachers and musicians as well as regional polka artists and their music. SOME OF the original staff of KJSK-AM included George Basil and Florence Anderson, Gertrud DeGroot, Eugene and Alice Jones, Carl Rafferty, Max and Marjorie Reeves, E.C.

Becker and polka artists Amil Kubal and Frank A. Podraza. KJSK-AM was the original "Heart of the Nation Station," but the organization later owned stations in Kansas and Colorado and became known as "Heart of the Nation Stations." KJSK-FM went on the air in -1964 and gave the organization a new audience and a new fre--quency, 101.1 megahertz, for its programming. In 1977, KJSK-FM became KOXI-FM with a new "beautiful music" format. The other Heart of the Nation Stations also aired traditional Christian pro-" gramming on AM and beautiful music on FM.

In 1983, KOXI-FM was broadcasting from a new 700-foot tower 12 miles south of Columbus at 100,000 watts. KOXI-FM became KLIR-FM in 1984 and the format changed to adult contemporary music, which it has remained. Heartland Broadcasting Inc. purchased the stations from the Anderson family in 1992. In August 1994, the format of KJSK was modified to "news-talk" emphasizing news, talk, sports, markets and family issues programming.

Bruce Williams See Page 4E Pediatric By SAND I ALSWAGER Of the Telegram Staff COLUMBUS With the opening of a pediatric dental clinic in Columbus, young people will receive special attention. Pediatric dentist Michael P. Meyer opened Children's Dental Clinic P.C., 2071 33rd in March. The clinic specializes in children's dentistry. It is set up to handle youths' needs and treats young people all day.

The speed of the office and clinic is geared toward youths, Meyer said. He started a clinic in Columbus because he thought there was a need. He said he had been getting patients from this area at his Grand Island clinic. The' clinic concentrates on restorative dentistry and growth and development. As youths grow, there are a lot of interceptive things a dentist can do to make i i FRIENDLY FACE Pediatric dentist Micharl P.

Meyer opened Children's Dental Clinic P.C. in March. Meyer said he came to Columbus because he throught there was a need for his service in the area. The photograph was shot from the dentist's chair. Telegram photo by Scott Bruhn.

move to Dubuque County, Iowa, an employment need, said Rios, swing of it longer do that The Browns found that when they went to dances, people would ask them how to dance, and they would end up teaciiing rather than dancing. So to be able to help more people learn to country dance, they decided to open up their own dance studio. The Browns offer one-on-one help when teaching dance steps. Ron said many people who seek their service want to learn how to country dance before a wedding in the family He said many women know how to do the dances and want their husbands to learn. Line dancing is also popular with women, he said.

"Usually, guys don't know how to do any of it. We can get them to two-step around the floor," Ron said. Dancing is also good exercise and a good way to meet people, Doris said. However, singles are welcome. Ron said they start teaching students individual steps and the students don't dance with a partner until the steps are learned.

Lessons are 7-8 p.m. Thursdays. For more information, call Country dance teachers in the There's a 8Ure. eth are straight, Meyer NeWBlZ said. Meyer gradu- 111 tOWn ated in 1980 from the University of Nebraska-Lincoln College of Dentistry.

He then worked in public health service for about two years. After that, he worked at the Nebraska State Penitentiary and taught at the UNL College of Dentistry for a year. He did his two-year residency in pediatric dentistry at the University of Nebraska Medical Center in Omaha. He has been working in children's dentistry since 1986. The clinic's main office is in Lincoln and there also is a clinic in North Platte, Meyer is in Columbus 9:30 a.m.-6 p.m.

Fridays. For appointments, call 1-800-247-90O6. several dance steps including the two- siaiionary waiiz. telegram pnoio oy ,1 1 By SANDI ALSWAGER Of the Telegram Staff COLUMBUS A new country dance lesson business offers customers the chance to learn the two-step and do some country swinging. Ron and Doris Brown of Columbus There a opened Ron's tj Country Dance NeW BlZ Lessons in in their home in 111 LCJVMl rural Columbus in January.

"The basic dances don't change. We want people here to have a place to learn," Ron said. The Browns teach the two-step, double step, stationary cha cha, stationary waltz, shoddish and the country swing. They also teach a line dance at each lesson. Basic lessons are offered in six-week sessions.

"Students are able to learn dances they want on a weekly basis," Ron said. Doris taught Ron how to dance. The Browns decided to start giving dance lessons because they enjoy dancing. Ron said they began giving lessons at Wishbones, but no JUST A SWINGIN' Doris Brown twirls with her husband, Ron, during a dance class at their home recently. The Browns opened Ron's Country U-Dance Lessons in January and teach siep, me stationary cna cna ana tne Scott Bruhn.