Sherri McClendon and many other older workers face the dilemma of being too old — and hence, too expensive — to be considered for many jobs and being too young to qualify for retirement benefits.
Host Tess Vigeland and Kathy Kristof of CBS MoneyWatch take your questions on retirement — like, how can a surfer in New Zealand save for her eventual American retirement? And is it crazy to borrow from retirement to buy a house?
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.
