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At The Village, retirement living is about
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At The Village at Brookwood, you’re among friends like Don West and Sam Gagliano. From exercise classes in our new Aquatic and Fitness Center to the well-equipped Woodworking Shop, there are countless opportunities for residents like you to stay involved in our community and the community-at-large. Our location in central North Carolina – ranked a “favorite destination” for retirees by
Kiplinger.com – means residents have easy access to cultural and travel opportunities, Elon University, the Durham VA Medical Center, Fort Bragg military base, as well as the coast and the mountains.
Now is a great time to see our available residential styles with
special reduced pricing. Experience the warmth of our LifeCare Community, sponsored by Alamance Regional Medical Center, an award-winning hospital. Visit
www.VillageAtBrookwood.org or call us toll-free at 800-282-2053.
<$1,000 [CONTINUED FROM PAGE 70]
ings — whichever is less. The account will grow tax-deferred, and the assets will be available income-tax free after age 591
⁄2 . How powerful is compound-
ing if you start at an early age? A sin- gle $1,000 Roth IRA contribution at age 16 would grow to $49,749 at age 65 (assuming an 8-percent average annual rate of return, compounded annually). Children don’t even need to use their own money — as long as they earn it, you can make the con- tribution. A better plan, however, is to set up a matching program where you agree to match any money they contribute to an Roth IRA on a $2 to $1 basis. Investment for starting
a Roth IRA: $250 to $1,000 initial contribution (some mutual fund companies will allow you to start with as little as $25, provided you commit to a monthly automatic in- vestment plan).
Member for Life
C h o i c e s C ommu n i t y C o n v e n i e n c e C omf o r t
7 2 MI L I T A R Y O F F I C E R MAY 2 0 1 0
Give a newly commissioned officer an MOAA life membership. Some- times it’s tough for a newly com- missioned officer to see the value of a lifetime membership in MOAA. They are focused on the tasks that will take them from commissioning source to service on the front lines and might not have time to review the benefits counseling, legisla- tive advocacy, and other products and services to which membership entitles them. Giving this gift to a new officer (and his or her future family) is a great way to do some- thing for someone else and keep MOAA strong for the legislative battles looming on the horizon for military benefits, health care, and retired pay. Investment for a
22-year-old second lieutenant or ensign: $549.
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