The earlier you look at how much you will need during retirement, the more time you will have to adjust your current routine. Conventional wisdom is your spending will go down in retirement. For most, spending stays the same or increases, especially at the start of retirement, says Thomas J. O'Connell, president of International Financial Advisory Group in Parsippany, New Jersey.
Bone fragments recovered from the wreck of South Korea's Sewol ferry are from an animal and not human remains, the maritime ministry said Tuesday, dashing hopes of the relatives of missing victims. Authorities had earlier announced the pieces were human -- raising the prospect of closure for families of at least some of the nine passengers whose bodies were never found after the 2014 maritime disaster.
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