| Jan 27, 2014
| 2:14 PM
This post has been corrected and updated. See the note at the bottom for details.
A city panel charged with deciding the next step in a labor union challenge to a benefits rollback for city employees postponed their vote Monday, leaving hundreds of...
| Jan 24, 2014
| 1:41 PM
That's the implication of an op-ed in Thursday's Wall Street Journal, which says that figures on retiree incomes used by the Social Security Administration systematically misses as much as 60% of the income that seniors receive. That income, they say, is ...
| Jan 19, 2014
| 5:00 AM
Dear Liz: I often hear financial planners say you should save 10% of your income, but they don't go into exactly what that means. Is that 10% separate from retirement or including retirement? Does that include saving for your emergency fund? Is this...
| Jan 12, 2014
| 5:00 AM
Dear Liz: Lately I have been reading a lot about how people aren't saving enough for retirement. Every article I read talks about the need to put enough into employers' 401(k) programs to get the maximum possible company match. What do you do when your...
| Jan 22, 2014
| 12:39 PM
People with access to 401(k) plans for at least 30 years will likely have enough money for a reasonably comfortable retirement.
That’s the upshot of a new study measuring how Americans will fare in retirement.
The combination of Social...
| Dec 18, 2013
| 3:49 PM
At a hearing Wednesday of the Senate Finance Commmittee's Subcommittee on Social Security, conservative scholar Andrew G. Biggs made the following remark in defense of the idea that retirement ages can safely be raised:
"Go back to 1950, when we had a...
| Jan 13, 2014
| 6:26 PM
SACRAMENTO — California's huge pension fund reported a 16.2% return on its investments in 2013 — its best results in more than a decade.
The California Public Employees' Retirement System, which provides benefits to about 1.7 million state...
| Jan 7, 2014
The narrowly approved contract agreement between Boeing and its Washington state workforce will be hailed by some as a victory for the canny, hardball brinkmanship of Boeing's management and the knuckle-under economic pragmatism of the International...
| Nov 12, 2013
| 8:16 PM
KENT, Wash. — Mindy Mansfield had health insurance when she worked at a factory that made air flow vents in Cle Elum, a small town in central Washington state. It covered the pills she took for her Type 2 diabetes and the ones she needed to ease her...
| Oct 23, 2013
| 10:51 AM
The average millennial graduating from college today will not retire until age 73 because heavy student-loan debt will prevent them from saving enough money for an earlier retirement, according to a new study.
The typical graduate has a “seemingly...
| Oct 15, 2013
| 1:56 PM
A group of Democratic and Republican mayors are hoping to qualify a measure for the November 2014 ballot that could dramatically reduce retirement benefits for current and future public employees.
The measure, filed with the state attorney general&...