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'THE RETIREMENT LETTER' BECOMES FIRST NEWSLETTER TO BE SYNDICATED BY NEW YORK TIMES

 POTOMAC, Md., Nov. 30 ~PRNewswire~ -- "The Retirement Letter," one of the country's largest and most successful financial newsletters, has gained the distinction of becoming the first newsletter to be syndicated nationally by The New York Times. Beginning today, The New York Times Syndicate will bring select articles from the newsletter to more than 600 media points each month. The venture coincides with the 20th anniversary of "The Retirement Letter," published by Maryland-based Phillips Publishing, Inc.
 With more than 200,000 subscribers, "The Retirement Letter" is edited monthly by Pete Dickinson, nationally-known author and expert on retirement, finance and investment. Dickinson brings 32 years of retirement planning experience to the newsletter. Formerly a special investigator for the U.S. Senate Special Committee on Aging, he is now a retirement consultant for many major U.S. corporations. Dickinson has authored eight books on the topic, including his latest, "Sunbelt Retirement."
 "Newsletters have usually been considered too specialized for syndication. But 'The Retirement Letter' is different because America's population is aging, and people are realizing the need to plan for retirement earlier," said Robert S. King, president of Phillips Publishing, Inc. "There's also a large number of people who have wasted time and money trying to plan for retirement. Many retired people feel betrayed by banks, insurance companies, Social Security and our government in general. At age 66, Pete Dickinson understands how they feel and provides them with the solutions they need to make retirement a success. We're looking forward to working with The New York Times to bring these solutions to an even wider audience."
 In addition to financial planning advice, "The Retirement Letter" offers recommendations for leading a better quality of life in retirement, with tips on housing, health care, travel and recreation.
 "We're very excited about this opportunity to bring 'The Retirement Letter's' insightful and timely stories to newspapers in the U.S. and Canada," said John C. Brewer, president of The New York Times Syndicate.
 Phillips Publishing publishes five other financial planning newsletters: The Dolans' "Straightalk On Your Money," Richard Band's "Profitable Investing," Mark Skousen's "Forecasts and Strategies," Jay Schabacker's "Mutual Fund Investing" and Richard Young's "Intelligence Report." Phillips Publishing is the largest independent newsletter publisher in the country with more than 60 business and consumer newsletters, magazines, directories and other information products.
 -0- 11~30~92
 ~CONTACT: John Farley or Jennifer Wunder of Phillips Publishing, Inc., 301-340-2100~


CO: Phillips Publishing, Inc.; The New York Times Syndicate ST: Maryland IN: PUB SU:

IH -- DC016 -- 1938 11~30~92 12:55 EST
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Publication:PR Newswire
Date:Nov 30, 1992
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