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Latest News

$1 million said not enough for average family to retire

March 11, 2010
Ask average American families how much money they will need to save for retirement and you often receive answers at or around $1 million, but 71 percent of registered investment advisers contacted for a new a new survey don't believe that's In a
Read More

Wealthy conflicted about charitable giving amid downturn

Majority still feel obliged to donate, but one-fourth scaling back, survey finds
March 11, 2010
A majority of wealthy Americans has maintained a sense of obligation to give financially to their communities amid the economic doldrums, but more than one in four have cut their giving, judging by a recent survey.The sixth annual Wealth and by
Read More

More older workers saying they can't afford to retire

Large percentage of study respondents postponed exit for financial reasons
March 11, 2010
The economy continues to change the retirement timeline for many mature workers, leaving them with tough decisions about their futures, a survey by Chicago-based CareerBuilder has found. Seventy-two percent of surveyed workers over the age of 60 a
Read More

Use '09 tax return to guide your 2010 financial strategy

If your income is down, you don't need to bother with tax-free investments
March 11, 2010
Andrew Leckey
The future is now. Use your 2009 tax return as a line-by-line blueprint for constructing your 2010 financial strategy.Examine what went right and wrong as you determine your next tax and investment moves. Keep in mind the new conversion rules of
Read More
—Photo courtesy of Hamilton Studio

United Way knocked on more execs' doors in campaign

Organization to expand use of 'CEO call' tactic again for 2010-11 fundraising
March 11, 2010
Richard Ripley
Spokane County United Way knocked on the doors of 150 percent more CEOs and other top managers here for its 2009-2010 fundraising campaign, in which it posted the biggest dollar increase in contributions in 15 years.In another change in tactics,
Read More

Tutoring program gets Avista grant

March 11, 2010
A nonprofit here that recruits, trains, and supports volunteers who tutor and mentor foster and adoptive children has received a $2,000 grant in the first round of 2010 quarterly grants from the Avista Foundation.The nonprofit, Olive Crest, was
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—Staff photo by Richard Ripley

Look before you leap at Roth conversion

Lapse of income ceiling spurs intense discussion of pros, cons of converting standard IRA to Roth
March 11, 2010
Richard Ripley
The expiration this year of an income ceiling that had made many higher-income taxpayers ineligible to convert conventional individual retirement accounts to Roth IRAs is being hyped as providing a new financial planning option, but some experts to
Read More
—Staff photo by Jeanne Gustafson

Efforts to add affordable housing get creative

Habitat for Humanity plans 116 units in Deer Park as urban lots move out of reach
March 11, 2010
Jeanne Gustafson
Habitat for Humanity-Spokane has had to get creative to continue pursuing its mission of providing affordable housing to low-income families here, as the poor economy has dampened donations, some of its homeowners have struggled to make mortgage in
Read More

Small Business Watch: March 11, 2010

March 11, 2010
Heavy equipment shop adds Mitsubishi trucks Washington Auto Carriage, a longtime Spokane Valley dealer of specialty truck equipment, has become a dealer for Mitsubishi Fuso Truck of America Inc.'s commercial truck line. Clif King, is
Read More

Real Estate Roundup

March 11, 2010
Mike McLean
Patricia Steele and Sandra Daily, doing business as R Salon, a new Spokane Valley hair salon, have leased 1,200 square feet of floor space at 13221 E. 32nd. Mark McLees, of NAI Black, handled the transaction.Lubbock, Texas-based Distribution
Read More
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