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DES MOINES, Iowa (AP) - As if saving for retirement wasn't enough to worry about, now comes a study that shows a couple retiring this year needs about a quarter of a million dollars to cover medical expenses. ...more
March 29, 2009
Will You Call Bank To Lower House Payments? The Obama administration kicked off a new program Wednesday that's designed to help up to 9 million borrowers stay in their homes through refinanced mortgages or loans that are modified to lower monthly payments. ...more
March 9, 2009
FOND DU LAC, Wis. - Jay Capelle would give anything to get back his factory job of 32 years. At the same time, he's grateful to have extra time on his hands these days to care for his ailing wife, stay in shape and work on a long-planned baseball documentary. ...more
February 9, 2009
The safety net is almost gone, the nest egg is cracking. Many Americans have recently found themselves changing retirement plans after losing a substantial amount of home equity as the housing market and the overall U.S. economy struggle. These folks face years of living on fixed incomes from pensions, 401(k)s or IRAs, and Social Security, but don't have the time to recover their losses. ...more
January 11, 2009
Even investing in blue-chip companies these days is hair-raising, as anyone with money in the stock market knows. ...more
December 14, 2008
For nearly three decades, working Americans have been part of a huge experiment with their future well-being: Old-fashioned pensions that guaranteed specific retirement benefits have given way to old-age benefits that depend on personal investing in the markets. ...more
November 22, 2008
that money you've been expecting will grow - shrink to disturbing levels. ...more
October 25, 2008
WASHINGTON - Social Security benefits for 50 million people will be go up 5.8 percent next year, which will give the average retiree an additional $63 per month. ...more
October 16, 2008
The slaying of prominent Odessa horseman Lawrence P. Higgins doesn't appear to have come as the result of a robbery, deputies said today. ...more
October 13, 2008
A day after he dismissed a federal bailout for American International Group, Republican John McCain announced Wednesday that circumstances had forced him to shift his position and that he supported the proposed $85 billion rescue of the insurance giant. ...more
September 18, 2008
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