Financial Planning

• The IRS Announces 2012 Cost of Living Adjustments Valeo Financial Advisors
• Only 52% of workers filing a tax return contribute to a tax favored retirement plan (i.e. 401k, Roth IRA, Traditional IRA) CBO
• Only 44% of Americans report that they currently have any estate planning documents. Forbes
• Estate Planning: 12 Steps to Protect You and Your Family Valeo Financial Advisors

Generational Concerns

• The Sandwich Generation? Between unemployed adult children and elderly parents who need care Kiplinger
• The housing crisis has changed young people’s attitude about home ownership The Wall Street Journal
• Will the housing bust produce a baby bust? The Economist

National Debts

• Bold European Rescue Plan Expected, Despite Hurdles The New York Times
• Secret government report: What if U.S. paid off entire national debt? Written in 2000, first published this week. Planet Money

Miscellaneous

• Washington D.C. edges out San Jose for title of wealthiest U.S. metropolitan area. Bloomberg
• Coin flips are not necessarily 50-50 Coding the Wheel
• How long are American commutes? The Economist
• If you do not use the Yellow Pages book that is delivered to your door each year, here is the link to opt out