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Retirement

Tiny house, big benefits: Freedom from a mortgage — and stuff

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


Oregon’s retirement-age population growing fast

PORTLAND, Ore. — The retirement-age boom is well underway in Oregon.

Date: 06/26/2015 | Northwest


Robot teaches retirement home exercise class

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


State makes it easier to save for retirement

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


Retirement choices are in sharper focus

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


House panel OKs 'blended' military retirement plan

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 steps toward blended military retirement

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


New rules proposed for retirement advisers

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


Retiring Lake Stevens fire chief is ready to try new things

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


Tips on how to be engaged, productive post-retirement

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


Greg Corn retires after 42 years as Marysville's fire chief

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


Boomers risk retirement by supporting adult children

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


A college-bound teen needs Economics 101

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


Not all baby boomers want to retire

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


Lockheed Martin to pay for high-fee retirement plan

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


Retirement funds resist ‘duty’ to investor

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


Military benefits system recommendations

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


Military benefits could change

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


Some generals, admirals earn more in retirement than on active duty

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


GOP targets Social Security disability funding

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


Congress averts government shutdown

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


Lawmakers OK cuts in pensions

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


RadioShack to cut 401(k) matching plans

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


Congress eyes retiree pension cuts

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


Are you smart enough to retire?

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


Here's the choice: Get a 401(k), or die poor

This is the first of a two-part series on retirement planning. Today: Why Social Security isn't enough.If you work for a company that doesn't offer a retirement plan, hand the boss this column.If he is a grouch, slip it under his door while he's out.

Date: 11/16/2014 | Business Wire


Improper disability claims cost taxpayers $2 billion

WASHINGTON — A small group of Social Security judges have improperly approved disability claims for nearly 25,000 people who didn’t qualify, costing taxpayers $2 billion over the past seven years, government investigators conclude in a report being released Monday.

Date: 11/15/2014 | Nation & World


60,000 U.S. veterans get triple benefits

WASHINGTON — Nearly 60,000 veterans were triple dippers last year, drawing a total of $3.5 billion in military retirement pay plus veterans and Social Security disability benefits at the same time, congressional auditors report.

Date: 11/01/2014 | Nation & World


Fix up inherited house before putting it on the market

Dear Dave,My husband and I recently inherited my parents' home. It's in a small, rural town with little industry, and we've been told that the place would be worth $85,000 if it's cleaned up, compared to $75,000 as-is. Should we spend about $10,000 to...

Date: 10/12/2014 | Business


$30,000 ‘loan’ costs service members $390,000

Would an E-6 careerist nearing retirement accept a $30,000 car loan if forced to pay back a total of $390,000 in principal and interest?Would an E-7 accept a $30,000 loan to make a down payment on a home or to wipe out credit card debt if the lifetime cost of that decision...

Date: 10/10/2014 | Local News


A recovery, sure — but it’s been a joyless one

The Bureau of Labor Statistics employment report for September was positive enough for some to rush to take credit for it. The number of new jobs in the economy was up by 248,000 for the month, a solid increase that was considerably higher than expected. The unemployment rate declined...

Date: 10/10/2014 | Business columnists


Anti-retirement plan: Work 9-to-5 past 65

WASHINGTON — Paul Hyman doesn’t much care for golf or beach resorts. He doesn’t have a boat and isn’t any good at painting.

Date: 10/05/2014 | Nation & World


Lufthansa pilot union threatens new strikes

BERLIN — A union representing pilots at Germany’s Lufthansa said talks aimed at resolving a dispute over early retirement benefits have broken down and is threatening further strikes.

Date: 09/26/2014 | Business Wire


Senior citizens burdened with student debt

WASHINGTON — Rosemary Anderson could be 81 by the time she pays off her student loans. After struggling with divorce, health problems and an underwater home mortgage, the 57-year-old anticipates there could come a day when her Social Security benefits will be docked to make the payments.

Date: 09/10/2014 | Business


Book deciphers retirement planning for those over 50

Every time one of my children says, “Back in your day,” I wince.After watching an old black-and-white sitcom, my son actually asked me if there was color television back in my day. His sisters thought it was funny. Me? Not so much.

Date: 09/07/2014 | Business


Change of focus

Photography gives retired deputy a new purpose

Date: 08/17/2014 | Life




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