 Loeb stepped down as managing editor of "Fortune" in May 1994 upon hitting Time Inc.'s mandatory retirement age of 65 after 38 years working for the company's network of magazines, to be replaced by Walter Kiechel III, an executive editor at the publication.His commentaries were syndicated in the "Your Money" column in publications nationwide and his "Your Dollars" was broadcast on the CBS Radio Network.He was a former president of the American Society of Magazine Editors.