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Unlike 2008, the current turmoil didn't originate in the U.S., economist Austan Goolsbee notes. And this time, the economy is growing, banks aren't in danger and there's no credit crunch, he says.
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Employers are trying to hang onto older talent by offering flexible work hours, more attractive health care benefits or having retirees return to mentor younger workers.
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You don't know how long you'll live, which makes it hard to know how much money you'll need to retire. But several approaches can help people nearing retirement make their money last.