Image Image Image Image Image Image Image Image Image Image Image Image

| March 23, 2019

Scroll to top


Retirees Archives -

Fear of a market meltdown has frozen this retiree’s money decisions

December 30, 2018 |

Dear Liz: I sold my home two years ago and still have not done anything with my gain of $ 200,000. It’s in a one-year certificate of deposit so at least it’s earning something while I try to figure out what to do with it. I’m 66, retired and have an IRA of $ 500,000 that’s invested in the market….

L.A. Times – Business

5 Best, Worst US Cities for Retirees

August 14, 2018 |

Florida really is the place to be for retirees. The Sunshine State is home to three of the top five retirement-friendly US cities, according to WalletHub , which ranked the most populated cities across the nation, based on affordability, recreational activities, quality of life, and health care. Living in top-ranked cities…

The future is bleak for charitable deductions, early retirees’ healthcare costs

July 1, 2018 |

Dear Liz: When I sat down with my accountant in March to do my 2017 taxes, he said next year I will take the standard deduction. Are my contributions to charity still deductible if I take the standard deduction?

Answer: No. Charitable contributions are an itemized deduction. If you don’t itemize…

L.A. Times – Business

The U.S. is minting more millionaire retirees than ever. But the ultra-wealthy are pulling away

May 13, 2018 |

American retirees are healthier and wealthier than ever. But wiser? A new report throws a little doubt on that notion.

Money manager United Income analyzed data from sources, including the Federal Reserve Board, the U.S. Bureau of Labor Statistics, the Census Bureau, the Internal Revenue Service…

L.A. Times – Business

Serbian retirees demand pension hikes after austerity cuts

October 26, 2017 |

Several hundred Serbian pensioners have rallied in Belgrade to demand that the government increase pensions which were reduced as part of austerity measures agreed with the International Monetary Fund.
FOX News

Orange County employee pension fund alleges big banks are costing retirees money

August 21, 2017 |

Three major public pension funds, including the Orange County Employees Retirement System, have sued a half-dozen Wall Street banks, alleging they illegally conspired to control a corner of the stock market, leading to higher charges for the funds and thus less money for retirees.

In a lawsuit…

L.A. Times – Business

Retirees Ask to Be Arrested for Breaking Abortion Laws

May 25, 2016 |

Three senior citizens in Northern Ireland handed themselves over to police and asked to be prosecuted Monday in protest of that country’s abortion laws, the Guardian reports. Abortion is largely illegal in Northern Ireland due to a 155-year-old law. That includes in instances of rape and incest, according to Vice…

Detroit Retirees Vote in Favor of Pension Cuts – ABC News

July 22, 2014 |

Fox News

Detroit Retirees Vote in Favor of Pension Cuts
ABC News
Workers and retirees approved pension cuts in Detroit's bankruptcy by a landslide, the city reported Monday, a crucial step to emerging from the largest municipal insolvency in U.S. history. The city disclosed results from two months of balloting, which ended …
Detroit retirees back pension cutsCNNMoney
Detroit Pension Holders Approve City's Debt-Cutting Bankruptcy PlanWall Street Journal
Detroit retirees back pension cuts by a landslideBusinessweek
Financial Times –Reuters –GlobalPost
all 337 news articles »

Business – Google News

U.S. retirees living well in Mexico

May 17, 2014 |

Mexico is plagued by drug violence but it is still attractive to U.S. and Canadian retirees, who like the climate and the cost of living, especially medicines. – Latin America

American Airlines’ bid to end benefits for many retirees is rejected

April 19, 2014 |

A federal judge turns down American Airlines’ request to eliminate retiree benefits for former pilots, flight attendants and other union workers.

DALLAS — A federal judge has rejected an attempt by American Airlines to quickly cut off benefits for many of its retirees.

L.A. Times – Business