Business Page for March 25, 2010
By: Kevin Flanigan
Updated: March 25, 2010
BUSINESS NEWS - An Investment Firm has been looking into the cost of staying healthy for newly retired Americans.
For most of us, it will mean the need to save even more before we leave the work-force.
Fidelity investments has been looking into how much a newly retired couple can expect to spend on medical care during their retirement years. The firm came up with a figure of one quarter of a million dollars for a man and a woman both 65 years of age who would retire this year.
The figures are based on the co-pays and fees that would be required for Medicare coverage with no other insurance involved.
Fidelity says the projected cost of medical care is up more than fifty percent from just seven years ago.
.............................................
A new convenience and tobacco store has opened its doors in DuBois. City Tobacco and Lottery is located in the DuBois area plaza on DuBois Avenue. The store carries a full line of snacks and smoking materials. It also features a walk in humidor for the storage of fine cigars and other tobacco products.
.............................................
Heading into the warmer weather, a new Bar-B-Que restaurant has opened up DuBois. The Outpost Bar-B-Que and Grill recently opened its doors. The new restaurant is the former Uni-mart building at the corner of Main Street and Long Avenue. A full line of grilled foods and sides are available for eating in or taking out. The new restaurant opens daily at 11 in the morning. The Outpost Grill in DuBois opened last Friday



