Paoli Hospital to deliver a renovated maternity department in 2013
Paoli Hospital said Friday it plans to spend $11 million to expand and renovate its maternity department. The project will involve the construction of 24 private patient rooms; 12 labor, delivery and recovery suites; four triage rooms; and a larger nursery and level-II neonatal intensive-care unit. In addition, hospital officials said all existing patient rooms will be updated. The delivery rooms will including specially designed beds that allow mothers to adopt any position ? making the birthing...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=HcOPgOhEOKg:QY_NRaMCr5M:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=HcOPgOhEOKg:QY_NRaMCr5M:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=HcOPgOhEOKg:QY_NRaMCr5M:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=HcOPgOhEOKg:QY_NRaMCr5M:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=HcOPgOhEOKg:QY_NRaMCr5M:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=HcOPgOhEOKg:QY_NRaMCr5M:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=qj6IDK7rITs" border="0"></img></a> </div>
Devon Medical Products opens door to distribution in China
Devon Medical Products entered into an agreement Friday with PKUcare BeiYi Pharmaceutical Co. to distribute Devon?s medical devices and equipment in China. Financial terms of the deal were not disclosed. Under the agreement, Devon Medical Products of King of Prussia will also identify other U.S. medical device companies that manufacture products domestically and connect them with PKU to ?jump-start? distribution of those products in China. ?This strategic alliance with PKU BeiYi Pharmaceutical...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=H_0X5j-bneM:aAvuFe62i2I:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=H_0X5j-bneM:aAvuFe62i2I:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=H_0X5j-bneM:aAvuFe62i2I:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=H_0X5j-bneM:aAvuFe62i2I:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=H_0X5j-bneM:aAvuFe62i2I:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=H_0X5j-bneM:aAvuFe62i2I:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=qj6IDK7rITs" border="0"></img></a> </div>
Philly Beer Week media preview: Slideshow
<img src='http://assets.bizjournals.com/philadelphia/blog/peter-van-allen/1%20BEER%20WEEK%20LOGO*100.jpg?v=1'>It?s always seemed that one of the most ingenious ideas from Philly Beer Week was extending the ?week? to 10 days. On Wednesday, Philly Beer Week 2012 Executive Director Don Russell hosted a media preview and beer garden at the Four Seasons Hotel in Philadelphia. In its fifth year, Beer Week will span June 1-10 and include hundreds of events, including dinners, tours, pub crawls, tastings, meet-the-brewer nights and so on. (This year?s guide to Beer Week is 80 pages.) PBW claims to be...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=rT9nDD1ar3k:TT_3GMUrZRA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=rT9nDD1ar3k:TT_3GMUrZRA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=rT9nDD1ar3k:TT_3GMUrZRA:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=rT9nDD1ar3k:TT_3GMUrZRA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=rT9nDD1ar3k:TT_3GMUrZRA:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=rT9nDD1ar3k:TT_3GMUrZRA:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=qj6IDK7rITs" border="0"></img></a> </div>
Pa. Supreme Court Justice Orie Melvin charged, relieved of duties
Pennsylvania Supreme Court Justice Joan Orie Melvin has been ?relieved of any and all judicial and administrative responsibilities? after the Allegheny County District Attorney?s office charged her with nine criminal offenses, including four felonies, following a grand jury investigation into accusations she used her staff for campaign work. Orie Melvin has been relieved of duties pending a further order from the state high court. The charges in the complaint include three counts of theft...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=o1td2PAQmjY:2KCe05AKD_g:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=o1td2PAQmjY:2KCe05AKD_g:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=o1td2PAQmjY:2KCe05AKD_g:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=o1td2PAQmjY:2KCe05AKD_g:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=o1td2PAQmjY:2KCe05AKD_g:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=o1td2PAQmjY:2KCe05AKD_g:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=qj6IDK7rITs" border="0"></img></a> </div>


Walters, executive vice president at Hartford Life, a subsidiary of The Hartford Financial Services Group. "A combination of your pension, savings accounts and Social Security used to be enough for you to retire comfortably, but that may no longer be the case for future retirees."

“With life expectancies continuing to rise, Americans will likely live 25 or 30 years in retirement -- and they are worried about running out of money,” adds Walters. “For guaranteed retirement income, many people will find annuities a better option than trying to ration their life savings to last as long as they live,” says Walters.

Diversification is a great idea. Investing in savings accounts, money markets, mutual funds, 401(k)s, IRAs, and variable annuities allows you to reach short term and long term savings goals.

"Annuities are the only type of investment that can guarantee retirement income for life, though the amount will vary depending on your account value and the age at retirement," says Walters.

While life insurance provides a benefit to your heirs if you die too soon, variable annuites hedge against longevity risk. They guarantee you income for your entire life, from the day you retire until the day you die.

So how much money will you need to comfortably retire? Hartford Life has an online calculator to help you come up with the all important number. You can find it by logging onto www.hartfordinvestor.com. When you get to the site, scroll down to the tab that says Education Center on the left-hand column and click on calculators. Then follow the link that says "what will my income be after I retire."

After you come up with the number, Walters recommends you take it to a licensed broker, financial planner or other professional investment representative who can advise you on ways to help you to reach your retirement savings and income goals -- and the golden years of your dreams.

Courtesy of ARA Content

Courtesy of ARA Content

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