My good friend, Steve, died last week, 8 months after his diagnosis of pancreatic cancer. I spent many hours with him over these last months, trying to provide him with support and companionship. It was very painful to watch him slide toward his death. At the end of his life, the cancer had...
Date: 11/15/2015 | Life
There are 75.4 million baby boomers in the United States, people from 51 to 69 years old. They are the largest generation in American history, raised during the economic prosperity that followed World War II. Media and marketers have treated the generation as one enormous, monolithic group since...
Date: 11/07/2015 | Nation & World
WASHINGTON - Republicans are openly feuding over whether to seek drastic changes to Medicare, Social Security and other entitlement programs, risking a potentially damaging intraparty battle ahead of the 2016 elections.
Date: 11/05/2015 | Nation & World
WASHINGTON — Starting this week, people who don't have access to a retirement savings plan at work will have an easier time setting aside cash.The myRA program, a government backed retirement plan first announced by President Barack Obama...
Date: 11/05/2015 | Business Wire
OLYMPIA — The Washington State Patrol is seeing its ranks depleted faster than can be replenished. It can't recruit enough new troopers to fill existing vacancies and newer...
Date: 11/02/2015 | Local News
TUSCALOOSA, Ala. — Mike Flowers, 59, learned a lesson from his parents as a boy: Get up and get going every day, no matter what.The message stuck in a serious way, and Flowers is now retiring after a 35-year career as a police officer without ever having taken a sick...
Date: 10/04/2015 | Nation & World
Is retirement hazardous to your health?It’s an intriguing question in light of a new study that finds senior citizens who work are in better health than their counterparts who don’t.
Date: 09/25/2015 | Nation & World
People are always trying to find the secret to financial success. But I’d like to address the young folks who ask me how to get rich.If you’re young, you have something we older folks will never have as much of — time. It’s an advantage you shouldn’t waste.
Date: 09/22/2015 | Business columnists
Iron Man. Wonder Woman. Millennial Super Saver.He or she is an ordinary human, 18 to 34, who saves at least 15 percent of his or her salary each year in a 401(k) retirement savings plan. The mission: Save enough to retire comfortably. Or at least retire.
Date: 09/11/2015 | Business Wire
WICHITA, Kan. — Boeing will pay $90 million to settle a lawsuit filed by former Boeing workers over retirement and medical benefits after the sale of the company's Wichita operations.
Date: 09/04/2015 | Business Wire
America is having a big love affair with tiny houses. There are television shows: “Tiny House Nation” and “Tiny House Hunters.” There are movies: “Tiny: A Story About Living Small” and “Small Is Beautiful: A Tiny House Documentary.” Pinterest has more than 900 boards devoted to tiny houses, and...
Date: 07/21/2015 | Life
PORTLAND, Ore. — The retirement-age boom is well underway in Oregon.
Date: 06/26/2015 | Northwest
They aren't on Snapchat. They aren't livestreaming their adventures on Periscope and Meerkat. And they definitely won't be recording 360 videos from drones.Yet for residents of Vughterstede — average age 87 — technology isn't just the bastion of the young. When...
Date: 05/31/2015 | Nation & World
When you think about retirement, you can imagine a life in which you are freed from decades of work, having to put up with a bad boss or difficult co-workers, able to take your time waking up in the morning and go for a walk, a bicycle ride, garden, or just talk to your neighbors and...
Date: 05/20/2015 | Opinion Columnists
Many current Reserve and National Guard members, particularly those who are younger and have fewer years of service, are likely next year to face a difficult choice of retirement plans.It will be a decision as complex as the one being prepared by Congress for their active...
Date: 05/15/2015 | Local News
Despite vigorous opposition from a few colleagues who are military retirees, the House Armed Services Committee voted overwhelming April 29 to give future generations of service members something different from the all-or-nothing 20-year retirement system the military has relied on for...
Date: 05/08/2015 | Local News
Congress on April 23 took a first, perhaps historic step toward phasing out the 20-year-or-bust retirement system the U.S. military has used to shape and retain its career forces since the end of World War II.The replacement plan, as endorsed by the House armed services'...
Date: 05/01/2015 | Local News
WASHINGTON — Regulators on Tuesday proposed new rules that would raise the standards for investment advice given to those saving for retirement.
Date: 04/16/2015 | Business Wire
LAKE STEVENS — Dave Lingenfelter loved being a paramedic because it kept him guessing.In recent years, his challenge turned to making sure the Lake Stevens fire district weathered the recession.
Date: 03/31/2015 | Local News
Every day in the United States, thousands of baby boomers are turning 65. No wonder many of us hear about friends and family that are retiring or at least talking about it. I have several friends that took the big step.
Date: 03/31/2015 | Life
MARYSVILLE — Greg Corn was 20 years old and he needed a job.He'd worked for a boat manufacturer, a telephone pole company and as a dishwasher.He saw a sign that Fire District 12, north of Marysville, needed volunteers.On April 1, 1973, Corn...
Date: 03/27/2015 | Local News
Cathy Egan has been supporting herself since she was 18, when she worked as a waitress in Minneapolis. Her 23-year-old son lives at home and relies on his single mother for transportation, food, and other expenses. Egan, now 50, began putting money aside for retirement only five years ago, after...
Date: 03/08/2015 | Business Wire
It’s that time of year when parents and high school seniors are struggling with college choices. For many, the decision isn’t easy and can lead to family feuds.
Date: 03/03/2015 | Business columnists
For generations, the dream retirement was one spent in warmer climates, on the beach and often walking distance from a golf course.
Date: 02/28/2015 | Business Wire
NEW YORK — Lockheed Martin has agreed to pay $62 million to settle a class-action lawsuit that accused the defense contractor of mismanaging employee retirement accounts and using funds with excessive fees.
Date: 02/20/2015 | Business Wire
WASHINGTON — Top financial lobbyists converged on the White House last week in a failed bid to forestall an administration plan that would impose new rules on brokers who manage trillions of dollars in U.S. retirement accounts.
Date: 01/30/2015 | Business Wire
WASHINGTON — A Military Compensation and Retirement Modernization Commission listed 15 recommendations that members said would increase the financial options troops have without reducing their overall compensation and retirement and health benefits.
Date: 01/30/2015 | Nation & World
WASHINGTON — Top U.S. leaders and members of Congress reacted cautiously Thursday to the recommendations of an independent panel to change the military's retirement and health care systems.The proposals, which would save more than $20 billion over the next four years,...
Date: 01/30/2015 | Nation & World
At the urging of then-Defense Secretary Donald Rumsfeld, Congress in 2006 took aggressive steps to raise pay and future retirement of currently serving general and admirals, particularly those serving beyond 30 years.Having been a well- compensated industry executive,...
Date: 01/16/2015 | Local News
WASHINGTON — House Republicans want Congress to address the troubled finances of Social Security’s disability program, setting the stage for a contentious debate that could affect 11 million people in the middle of the next presidential campaign.
Date: 01/07/2015 | Nation & World
WASHINGTON — Swapping crisis for compromise, the House narrowly approved $1.1 trillion in government-wide spending Thursday night after President Barack Obama and Republicans joined forces to override Democratic complaints that the bill would also ease bank regulations imposed...
Date: 12/11/2014 | Nation & World
WASHINGTON — A bipartisan group of congressional leaders reached a deal Tuesday evening that would for the first time allow the benefits of current retirees to be severely cut, part of an effort to save some of the nation’s most distressed pension plans.
Date: 12/10/2014 | Business Wire
NEW YORK — RadioShack Corp., the struggling electronics retailer, will stop matching employees’ retirement-fund contributions and close stores to help cut costs.
Date: 12/05/2014 | Business Wire
WASHINGTON — Congress could soon allow the benefits of current retirees to be cut as part of an agreement to address the fiscal distress confronting some of the nation's 1,400 multi-employer pension plans.Several unions and pension advocates oppose the move, which...
Date: 12/04/2014 | Business Wire
When are reverse mortgages due? What triggers early withdrawal penalties? What exactly is covered by Medicare again?Retirement planning is hard, and most people struggle to understand the fundamentals, according to a new report by the American College of Financial Services,...
Date: 12/04/2014 | Business Wire