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Retirement

Consult a financial planner before buying long-term care insurance

Paying for long-term care is a worry for many, particularly aging baby boomers. Certified financial planner Kevin Young, of Young Wealth Management in Davis, Calif., offers the following advice on whether it's wise to invest in a long-term care insurance.

Date: 04/29/2012 | Business


State Senate approves penalties for early retirees

OLYMPIA -- Washington lawmakers on Tuesday agreed to reduce benefits for future state workers who take early retirement, making a pact that had eluded them for months and delayed final action on the state budget.

Date: 04/10/2012 | Northwest


Turning 50? Workshops focus on the road ahead

The Big Five-O, the Golden Years, Nifty, nifty, look who's 50. Humbug, you say?Are you one of the millions of baby boomers who isn't even dreaming of retirement yet, much less planning for it?

Date: 04/09/2012 | Life


House Republicans propose changes in federal pension rates

WASHINGTON -- Federal employees would pay more toward their pensions and new employees would receive less generous retirement benefits under a House Republican plan to pay for highway programs.

Date: 02/09/2012 | Nation & World


Unemployment rate hinges on more than job gains

WASHINGTON -- For most people, the 8.5 percent unemployment rate is the most visible sign of the economy's health. The rate's every movement is closely watched, especially in an election year.

Date: 01/07/2012 | Business


Deficit hits record $26B for U.S. pension insurer

WASHINGTON -- The federal agency that insures pensions for one in seven Americans ran the largest deficit last year in its 37-year history.The Pension Benefit Guaranty Corp. said Tuesday that it ran a $26 billion imbalance for the budget year that ended Sept. 30.

Date: 11/15/2011 | Nation & World


Boomers' anxiety about retirement grows, poll finds

WASHINGTON — A majority of baby boomers say they have taken a financial hit in the past three years and most now doubt that they will be financially secure after they retire, according to a new poll.

Date: 11/10/2011 | Nation & World


Firefighter, paramedic retires after long career in Arlington

LAKE STEVENS -- The adrenaline kept his interest. The people kept his heart.Dave Safford plans to retire today after 34 years in the fire service, mostly working as a firefighter and paramedic in rural Arlington and Lake Stevens.

Date: 09/01/2011 | Local News


Boomers worry about finances, health costs

WASHINGTON — The "golden years" may lose some luster for many baby boomers worried about the financial pressures that come with age

Date: 07/28/2011 | Nation & World


Once taboo, calls to boost Medicare fees gain traction

WASHINGTON -- The heated debate over the federal deficit has pumped new life into controversial proposals for requiring Americans on Medicare to pay more for their health care, raising the possibility that seniors' medical bills could jump hundreds, or even thousands of dollars.

Date: 07/17/2011 | Nation & World


Tech Bite Where to click for retirement saving tips

A retirement nest egg can involve a variety of saving methods, such as a pension, annuity or individual retirement account.To help plan and sort out retirement saving and income options, several websites offer a wealth of insights. Here is a sampling:

Date: 07/17/2011 | Business


Post office suspends pension contributions for workers

WASHINGTON — The financially troubled Postal Service is suspending its contributions to its employees' pension fund.

Date: 06/22/2011 | Nation & World




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