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Bankruptcy 'not an option' to help L.A.
Apr 26, 2010
L.A.'s high pension costs are a big budgetary problem for the city, and bankruptcy may be on the horizon. But L.A. Mayor Antonio Villaraigosa insists that's not an option. Chris Richard explores why.
Young workers squeezed out of labor force
Daryl Paranada Apr 9, 2010
According to a study by the Economic Policy Institute, young workers are being pushed out of the labor market as older workers delay retirement or...
Retirement planning calculators
Chris Farrell Apr 5, 2010
Question: Can you send me some web sites (other than Social Security) that have calculators to help figure out when is the best time to retire in...
Rent or own
Chris Farrell Apr 2, 2010
Question: We are currently renting (and paying ridiculous rent) having sold our house in 2008 with some equity. We are looking to move out of the...
Illinois deals with deep pension debt
Mar 23, 2010
Critics of Illinois's budget are calling for reform to the state's pension assessment. The retirement system is nearly $80 billion in debt, the largest unfunded pension liability in the nation. Jay Field reports.
The retirement city where people work
Mar 12, 2010
Things don't always go as planned for retirees moving to places like Bend, Ore. Ethan Lindsey reports.
Help for aging parents-in-law
Chris Farrell Mar 10, 2010
Question: My parents in law are 89 and 90 yrs old and have $300,000 in assets. My father in law is a retired military officer but if he dies, our...
A recession may be good time to retire
Tess Vigeland Jan 18, 2010
Jonathan Clements, former personal finance columnist for the Wall Street Journal, says recessions can be great times for retirement. He shares his view with host Tess Vigeland.
Monthly pension benefits into IRA?
Chris Farrell Dec 31, 2009
Question: Can monthly pension benefits be deposited directly into an IRA and be treated as a rollover thus deferring taxes? Question: Can monthly...
What to do with mortgage payoff?
Chris Farrell Dec 23, 2009
Question: Hello, @ 78 yrs of age, am looking for the best place to put a mortgage payout, besides the coffee can in the garden. {Hope you don't...
