disqualifying abramovich as a club director. chelsea are allowed to continue playing under a special license, but they can t buy or sell players, sell new tickets to upcoming kammes or sell any club merchandise. in one corner of the ground, a banner featurie ing abramovich face. fans briefly chanting his name, chelsea beating newcastle on sunday, 1-0 thanks to the brilliantly taken winner. and a winning sunday too for chelsea women s team. sealing their victory on one minute home after an outstanding strike from australian star sam kerr against auston villa. patrick snell, cnn, atlanta. okay. and finally we have a bit of a distraction for you. it is a bit curious, but it turns out that retirement doesn t seem to sit well with tom brady. the legendary 44-year-old quarterback says he will return
research shows americans saved sparingly little between largely 4-5% in the last five years. and reports estimate half of the baby boom generation now just starting to hit retirement doesn t have enough saved to get them through the retirement years. baby boomers are the me now, get it now generation. i think part of it is because we have had a fair amount of economic prosperity. so we really haven t had to salt away for a rainy day. there isn t much sunshine in the immediate economic forecast. i don t see the foreclosures dropping in 2011. i don t see the unemployment rate significantly dropping. basically, this is the year of the consumer to get their spending in check. trend for people who can save is to keep it liquid. resident investing in the market, they will keep three to five months worth of salary in a nest egg account to protect them. as they plan a simple september wedding, they say putting aside money will be a priority as soon as they have
sparingly little between largely 4-5% in the last five years. and reports estimate half of the baby boom generation now just starting to hit retirement doesn t have enough saved to get them through the retirement years. baby boomers are the me now, get it now generation. i think part of it is because we have had a fair amount of economic prosperity. so we really haven t had to salt away for a rainy day. there isn t much sunshine in the immediate economic forecast. i don t see the foreclosures dropping in 2011. i don t see the unemployment rate significantly dropping. basically, this is the year of the consumer to get their spending in check. trend for people who can save is to keep it liquid. resident investing in the market, they will keep three to five months worth of salary in a nest egg account to protect them. as they plan a simple september wedding, they say putting aside money will be a priority as soon as they have enough to set aside.
the poor follow yo of the 25-year-old should look different than a 55-year-old for obvious reasons. walk us through 55. we get older, don t have a strong stomach lining. you know, 2008 was really tough for a 55-year-old but a 25-year-old, a lot easier. when you re 55, you own the same etfs, christine, but shift the allocations more towards bonds. in this allocation, a 50% bond allocation and et cetera. if you look at this allocation, maybe bnd, the bond. all in one security issue. we also boot out the commodities. they tend to go up and down quite a bit and this is more appropriate for a 55-year-old guessing closer to retirement doesn t want as much volatility any a portfolio. another acronym tip, protected securities, but that s