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Retirement

A collection of news and information related to Retirement published by this site and its partners.

Top Retirement Articles

Displaying items 78-88
  • Mortgage underwriting rules eased for seniors with assets

    Mortgage underwriting rules eased for seniors with assets
    WASHINGTON — Here's a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren't sufficient to qualify for a mortgage under today's tough underwriting standards: Thanks to a rule change by the largest players in the...
  • How much cash should you keep on hand for emergencies?

    How much cash should you keep on hand for emergencies?
    Dear Liz: A few years ago I finished paying off my debt and now am in the very low-risk credit category. I have savings equal to about three months' worth of bills and am working to get that to six months' worth. I'm wondering, though, about an...
  • Waiting to take Social Security is usually the best bet

    Waiting to take Social Security is usually the best bet
    Dear Liz: When I was 62, I started Social Security and I'm currently saving half of my monthly benefit after taxes (about $750). My decision to take my benefits early was influenced by a financial columnist who suggested that if I started at 62 and...
  • Five killings at Camp Liberty in Iraq: Calculation or despair?

    Five killings at Camp Liberty in Iraq: Calculation or despair?
    JOINT BASE LEWIS-McCHORD, WASH. — The court-martial of Army Sgt. John Russell concluded Saturday with a military judge asked to decide whether the 14-year Army veteran was deluded by depression and despair as he shot five fellow service members in...
  • At Milken conference, lots of pension questions and few answers

    At Milken conference, lots of pension questions and few answers
    Underfunded state pensions are a vexing problem that even the brightest minds at the Milken Institute Global Conference can’t solve. State governments nationwide have fallen behind in saving for employee retirements. The average public pension...
  • Time to wake from the American Dream and face retirement reality

    Time to wake from the American Dream and face retirement reality
    The retirement plans of more and more Americans are about as connected to reality as Grimm’s Fairy Tales. Grim is exactly what it is going to be for these folks when, in their 70s, their 401(k)s have petered out, they have no pensions and no...
  • Chained thinking on the federal deficit

    Chained thinking on the federal deficit
    Washington's tug of war over the federal budget has many wonders, but the biggest one of all must be the lengths to which politicians and pundits will go to deprive Granny and Grandpa of $30 a month. That's the amount by which benefits for the average...
  • California's fiscal troubles are far from resolved

    California's fiscal troubles are far from resolved
    Last week, Proposition 30 sailed to victory, and $6-billion worth of nasty budget cuts were avoided. Problem solved? Guess again, Goldilocks. K-12 schools and community colleges, in particular, won a temporary reprieve, but they're still wobbly...
  • Some readers can't handle the truth about schools' precarious state

    Some readers can't handle the truth about schools' precarious state
    So last week, I wrote about a Palos Verdes businessman who serves on the local school board, where budget cuts have been so devastating he intends to vote for two state ballot propositions that would prevent more slashing, hoping one of them gets the...
  • Don't demonize teachers because of pension system's faults

    Just as I was preparing to defend public school teachers and their retirement benefits, I got a form letter last week from my employer's vice president for human resources. Apparently he felt it was important to inform me that I had earned additional...
  • Conservative activists, unions bash Jerry Brown's pension plan

     
    Gov. Jerry Brown unveiled what he called a “radical change” in the pension system for public employees, even though the plan fell short on some of the most significant goals of the governor’s original proposal. Speaking to reporters in...