CALIFORNIA | LOCAL
May 11, 2013 | By Alan Zarembo, Los Angeles Times
Vietnam veteran John Otte did his best to forget the war. He got married, raised two sons and made a career working at credit unions. But as Otte neared retirement, memories of combat flooded back. Starting in 2005, he filed a series of claims with Veterans Affairs for disability compensation, contending that many of his health problems stemmed from the war. The VA agreed, and now the 65-year-old with two Purple Hearts receives $1,900 a month for post-traumatic stress disorder and diabetes - and for having shrapnel scars on his arms.
BUSINESS
May 18, 2013 | By Ronald D. White, Los Angeles Times
Call it retirement anxiety, or maybe recession obsession. For all of their married life, Patrick Webster, 63, and Susie Martin, 54, have been extremely frugal. Webster and Martin, who both work at Marymount College in Rancho Palos Verdes, have been stashing away their combined income at an enviable rate - more than 25% - for retirement. Together they have more than $1 million in investments and no debt. But rather than feeling reasonably secure about their financial future, they dread a return of hard times.
NEWS
July 16, 1998 | JULIE CART, TIMES STAFF WRITER
As the largest ever group of senior citizens now barges into old age, it's clear that things are going to be mighty different. On the leading edge of that generation are gay and lesbian senior citizens who are helping to define the new rules, starting with the basics: housing. Nationwide, there are the beginnings of a move to develop and build retirement communities for older gays and lesbians, a generally well-heeled segment of the senior population.
OPINION
June 30, 2010 | By Rourke O'Brien
Many hard-working people need access to short-term credit in a pinch to cover the cost of an emergency room visit or replacing a busted stove or carburetor. Yet apart from asking friends and relatives for assistance, a wellspring that comes with its own costs and often runs dry, many families turn to alternative, "predatory" lenders to finance unexpected expenses. Although the products offered by these alternative lenders — such as payday or car-title loans — can help families weather a financial emergency, the eye-popping interest rates can be devastating.
NEWS
February 19, 1995 | TOM GORMAN, TIMES STAFF WRITER
The 13 women competing in the statewide pageant--they don't say "beauty contests" anymore--strutted their stuff in the requisite evening gown competition. And they sang, danced and played musical instruments in the requisite talent competition. They fussed over one another backstage like a gaggle of sorority sisters to get their hair and makeup just right. And they rated the competition. "Boy," whispered one contestant. "Look at her legs!"
BUSINESS
January 19, 2006 | Michael Hiltzik
One recent afternoon in Los Alamitos, I watched Marcy Zwelling-Aamot, M.D., pick her way through a government website designed to help elderly patients select the right Medicare drug plan, based on their prescription needs and hometown. The website, created for the launch of Medicare's new prescription drug benefit, identified 48 individual plans available for Southern California residents.