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Latest News

Finding retirement financial safety in these troubled times

Guaranteed income plan using 'buckets of money' offers plenty of flexibility
April 23, 2009
Kelly C. Ruggles
Almost all investors have seen their stock portfolios tumble sharply over the past 18 months, and many fear more troubled times ahead. Unemployment is high, the dollar is weak, and the national debt is huge and growing. Americans are losing faith a
Read More
—Rendering courtesy of Zeck Butler Architects PS

Nonprofits trim initial phase of senior project in Valley

Appleway Court to have 38 living units for now; second phase is possible
April 23, 2009
Mike McLean
Two Spokane-based nonprofits say they've reduced the number of apartment units they plan to develop initially in the Appleway Court senior housing project, although they hope to add a second phase to the development eventually.The nonprofits, to
Read More
—Staff photo by David Cole

Evergreen Fountains owners plan 12 more cottages

They expect full occupancy by this summer of current 116-unit senior community
April 23, 2009
David Cole
Expecting full occupancy by this summer, the owners of the year-old Evergreen Fountains Senior Living Community in Spokane Valley say they plan later this year to add 12 more independent-living cottages to the 116-unit complex.The owners, Greg a
Read More

Market causes investors to alter retirement plans

Financial planner survey says clients are delaying retirement, making errors
April 23, 2009
Amidst the current financial crisis, more than half of financial planners say their clients are changing or delaying their plans for retirement age, and also are making worse financial decisions than usual, a new survey says.NAVA, the for the of
Read More

Moderate alcohol use may help limit disabilities in seniors

New UCLA study finds beneficial effects among subjects who are healthy
April 23, 2009
It is well known that moderate drinking can have positive health benefits—for instance, a couple of glasses of red wine a day can be good for the heart. But if you're a senior in good health, light to moderate consumption of alcohol also may a
Read More
—Staff photo by Jeanne Gustafson

Blue chips offer seniors opportunity

Low prices of dividend-paying stocks can mean value for retirees seeking income, gain in principal
April 23, 2009
Jeanne Gustafson
In a market in which seemingly all investments have been hammered, blue-chip stocks—battered as they might be—still can outperform fixed-income investments for retirees, investments experts here say.That, they say, is because many blue
Read More

Financial abuse costs elders plenty

Research finds that family members and caregivers often are the perpetrators
April 23, 2009
Elder financial abuse costs older Americans more than $2.6 billion per year and is most often perpetrated by family members and caregivers, says a new report released by the MetLife Mature Market Institute, of Westport, Conn.The report, entitled
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—Staff photo by Mike McLean

Instead of retiring, seniors are REWIRING

Senior job-training program at community colleges said off to good start
April 23, 2009
Mike McLean
A job-skills program called Plus 50 that's geared toward retirement-aged people wishing to remain in the work force is achieving early success at Community Colleges of Spokane and has been named as a model training program for other community for a
Read More

Small Business Watch

April 23, 2009
Sparky's Firehouse Subs owners plan outlet on Mission Sue Wendt, who owns the Sparky's Firehouse Subs sandwich shop here with her husband, Wayne, says the couple plans to open a second outlet in an about 1,100-square-foot space at 3003
Read More

Give sales-achievement awards the attention they deserve

Employee recognition is key motivator, provides real 'economic stimulus'
April 23, 2009
Sales & Marketing
At the corporate sales meetings where I give presentations, I am often asked to participate in giving out sales awards. The customer is elated when I say OK. Little do they know it's one of my favorite things to do, and one of the most important or
Read More
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