Financial success requires sacrifice Americans need to take some personal sacrifice to help the government address the country's savings crisis, according to this article on MarketWatch. Government leaders cannot provide a solution to this financial problem, which is compounded by people's consumerism and personal and college education debts. The time has come for people "to emphasize savings and our government to support and encourage it," according to the article. Individuals need to save 5% to 10% more of their income. Such personal sacrifice is far from unprecedented. In fact, the overall level of sacrifice needed today pales in comparison to that needed during and immediately after WWII.   --MarketWatch

How clients can form a retirement village in their community People can make their own communities more a retirement village to address their financial security during their golden years, according to this article in U.S. News & World Report. A group called the Village-to-Village Network is hoping to fill some of those voids and create a way for older Americans to create a stronger sense of community. People are advised to know available services in their community and conduct organizational meetings. They also need to determine the talents within their group, the services to offer and those who will provide these services, seek discounts from service providers in the community, form a nonprofit and prepare a business plan, and promote the initiative.  --Yahoo Finance

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