Reuters Money: Is now the worst time to retire? Not even close

	Click to View in Browser 07/25/2013 Is now the worst time to retire? Not even close WASHINGTON (Reuters) - Add this to the growing pile of research that seems designed to scare baby boomers out of their Birkenstocks. A new study from Bankrate.com and Research Affiliates, a Newport Beach, California, money management firm, posits that the postwar generation could be retiring at a most unfortunate moment. Real-time sky shopping taxies to the runway NEW YORK (Reuters) - Want to order a snack or drink on a plane without flagging down a flight attendant? Book dinner and theater tickets at your destination? Watch a catalog of TV shows on demand? Legg Mason turns to profit with long-term inflows (Reuters) - Asset manager Legg Mason Inc said on Thursday it swung to a profit in the fiscal first quarter ended June 30 and posted its first quarterly net inflows for long-term funds since 2007 on investment into its bond products. Asset manager Janus Capital miss Street estimates (Reuters) - Asset manager Janus Capital Group Inc reported a quarterly profit that missed analysts' estimates as more people withdrew money from its funds. The case against commodities grows (Reuters) - Buying commodities in order to diversify your portfolio might not be that bright an idea after all. Falling Apple hits TD Ameritrade's margin loan business NEW YORK (Reuters) - The drop in Apple Inc's stock over the last year spread to a core business of discount broker TD Ameritrade Holding Corp - lending to customers against their stock portfolios. Detroit bankruptcy case judge proposes mediator for toughest disputes (Reuters) - The bankruptcy judge overseeing Detroit's historic bankruptcy filing has proposed appointing a federal judge as mediator to hash out the most difficult disputes as the city struggles to resolve more than $18 billion in bond and pension obligations. Government may crack down harder on reverse mortgages CHICAGO (Reuters) - The federal government is getting ready for round two of the Great Reverse Mortgage Crackdown. T. Rowe Price closes nine investor centers, keeps six open (Reuters) - T. Rowe Price Group Inc closed nine of 15 investor centers at the end of May and will rely more on serving retail customers via phone and online services, executives said. Analysis: What about the workers ... and their share of income? LONDON (Reuters)- Nothing lasts forever but a global trend that set in 30 years ago shows no sign of ending: a steep rise in the share of income that goes to profits and a corresponding decline in labor's slice of the economic pie. Related Video Why bruised Brazil is a buy How to play banker on the web Business News Business spending plans rise, jobless claims up slightly GM profit beats on strong U.S. demand, smaller loss in Europe The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend