| 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...
| Dec 19, 2013
| 5:28 PM
Andrew Biggs of the American Enterprise Institute, whose disdainful take on the plight of older workers I described this week as "fatuous and flatly untrue," defended his position Thursday as "substantively ... correct."
We can't both be right on this,...
| Dec 29, 2013
| 5:00 AM
Dear Liz: I have about $16,000 in student loans at 6.8% interest. At the current monthly payment it would take me about 7.5 years to pay them off. I contribute 10% of my income to my company's Roth 401(k) plan (my employer matches the first 6%...
| Dec 27, 2013
| 6:02 PM
Guess how many Americans correctly answered this basic financial question: Is the stock of a single company usually safer than a mutual fund?
A) 100% B) 80% C) 60% D) None of the above.
The right answer is D. Barely 1 in 2 people knew that a single...
| Nov 13, 2013
| 12:16 PM
Fewer Americans are blowing their 401(k) savings on cars, clothes and other frivolities when they change jobs.
Only 7.5% of U.S. workers last year cashed out their retirement money to spend on purchases when they left a job, according to data released...
| Nov 14, 2013
| 8:56 AM
The surging stock market has helped push 401(k) balances to record highs, according to one report -- positive news for baby boomers and others nearing retirement.
Fidelity Investments, the nation's largest 401(k) provider, said the average balance of...
| Dec 1, 2013
Many of the nation's top CEOs have joined forces to "fix the debt." They want to achieve this goal, in part, by reducing Social Security benefits and raising the retirement age to 70.
One of the chief executive officers, David Cote, runs Honeywell....
| 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 27, 2013
| 5:00 AM
Dear Liz: I'm in my late 60s and plan to retire in about two years. I have a pension that will pay close to my current take-home income. I also have about $500,000 in annuities and IRAs. These plus Social Security make retirement look good. But right...
| Nov 21, 2013
| 7:41 AM
We've been making the case for years that the proper approach to Social Security is to expand it -- increase benefits and bring more people into its embrace, including college-age survivors of deceased workers. Sen. Elizabeth Warren (D-Mass.) has now made...