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Special Report

Study suggests disconnect between goals, preparedness

Respondents expect to be happy in retirement, but appear to be ill-prepared
August 1, 2013
Business Wire
More than three-fourths of Americans nearing retirement expect to be extremely happy after they leave the workforce, a survey suggests. And why not? They are looking forward to spending unrestricted time with family, traveling, and pursuing hobbies
Read More

Fidelity says average IRA balances hit five-year high

Total contributions have increased by 7.5 percent during four-year period
August 1, 2013
Business Wire
Boston-based Fidelity Investments' analysis of nearly 7 million Individual Retirement Accounts, released last month, shows the average balance reached a five-year high of $81,100 at the end of tax year 2012, a 53 percent increase from the end of to
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—Staff photo by Jessica Valencia

Handling someone's digital life after death

Social networks, email should be accounted for, estate planners here say
August 1, 2013
Jessica Valencia
With more people frequenting social media networks, using password-protected online services, and moving to paperless bill statements, the issue of what to do with someone's digital life after death has increased in recent years, law professionals
Read More

Alzheimer's patients found less likely to develop cancer

Researchers say results were true for living, those who died during study
August 1, 2013
News Wise
Older people with Alzheimer's disease are less likely to also have cancer, and older people with cancer are less likely to also have Alzheimer's disease, says a study on the topic that appears in the July 10 online issue ofNeurology, the medical a
Read More

Demand for services rises; funding doesn't, study says

Medicaid-covered options to grow under Obamacare; others said underfunded
August 1, 2013
Even as states begin to implement long-term services and supports options in the Affordable Care Act that increase access to Medicaid home and community based services, most states didn't increase funding for non-Medicaid services, says a report by
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—Staff photo by Treva Lind

In-home care provider sees insurance coverage rise

Addus HealthCare says Inland Northwest client base is growing steadily
August 1, 2013
Treva Lind
Addus HealthCare, a national provider of in-home care services operating in Spokane since 1979, helps mainly senior clients with daily-living tasks, and increasingly, long-term care insurance providers are paying at least part of the cost, a here a
Read More

Vitamin D deficiencies hurt mobility

Study finds high percentage of seniors who lack nutrient struggle with everyday tasks
August 1, 2013
News Wise
Vitamin D-deficient older individuals are more likely to struggle with everyday tasks such as dressing or climbing stairs, says a recent study accepted for publication in The Endocrine Society's Journal of Clinical Endocrinology & Metabolism as as
Read More
—Staff photos by Linn Parish

Retirement living on South Hill comes along-Art only

August 1, 2013
The $20 million Clare View senior housing complex is well under way on Spokane's South Hill. Dave Roberts, senior developer at Spokane Housing Ventures, says the first living units there are slated to be completed this fall. Whitewater Creek Inc.,
Read More
—Staff photo by Mike McLean

Scrutinizing the 4 percent rule

Prominent benchmark could disappoint some in extended downturn
August 1, 2013
Mike McLean
The 4 percent rule, which has become a benchmark for retirement planning since the 1990s, might not be so hard and fast after all, some financial advisers here say.For simplicity's sake, the 4 percent rule says a retiree with a nest egg of $1 of
Read More

Housing recovery not being felt by all, report concludes

Many homeowners still 'under water;' financial burden sets new record
July 18, 2013
Driven by rising home prices and growing demand, the U.S. housing recovery is well underway, says The State of the Nation's Housing report released last month by the Cambridge, Mass.-based Joint Center for Housing Studies of Harvard still at low a
Read More
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