May 4, 2012 |
"The Best Exotic Marigold Hotel"is an affectionately told comedy about a bunch of English retirees who trade a bleak British future for an elegant retirement hotel in the middle of India, one that promises to make those final years truly golden - and for a fraction of the price at home. Sounds like a dream, or a scheme, and in truth it's a bit of both as neither life nor the "Marigold Hotel" turn out exactly as one might wish. But when the bags are packed with pride, prejudice, problems and prospects by some of Britain'sbest - including Judi Dench, Bill Nighy, Tom Wilkinson and Maggie Smith - it makes the trip worth taking.
April 8, 2012 |
For the last 40 years or so, many baby boomers have saved and invested diligently for their retirement. Now they may face a much different challenge: finding buyers for the mutual funds, individual stocks and other assets they'll need to sell to pay for their golden years. The demographic bulge of the 70-million-some boomers has driven U.S. economic and market trends in each decade since World War II. They powered the housing market for much of that period, inspired an explosion of brand-name consumer goods and, in the 1980s and '90s, helped stoke the greatest stock bull move of all time.
January 16, 2012 |
If raising the retirement age can save Social Security, the nation owes huge thanks to Ronald Reagan and Alan Greenspan. They raised it a generation ago, and retiring at 65 with full benefits is now history. The rise to age 66, where it is today — and a scheduled change to 67 — were buried in plain sight in the Social Security overhaul of 1983. President Reagan had set up a commission — chaired by Greenspan, before he became a household name as head of the Federal Reserve — to put the system on sound fiscal footing.
CALIFORNIA | LOCAL
January 4, 2012 |
Reporting from the Sierra Nevada foothills -- It was a dream to retire here — in a quaint little town atop a hillside, among the pines and the quail and the Main Street shops. When Kate Hamon arrived more than a decade ago, she had it all. Now she is on the phone with Kmart, hustling to get a job. "Please, please keep me in mind," she tells the manager. "I can start any time you like. " Work is hard to find around these parts, especially when you're 78 years old. PHOTOS: Lean times in Gold Rush country For many retirees such as Hamon who came to spend their golden years in California's Gold Rush region, life has not turned out the way they'd hoped.
July 4, 2011 |
Leaning on her walker at the Sears elevator, the snowy-haired woman watched me hobble up on my cane. "Whoever named these the golden years," she said, "deserves a punch in the nose. " True, I thought, but I'm not taking aging lying down. Here are accommodations I've made as the years march past. I rarely eat fried entrees, French fries, potato chips or saturated fats, nor waste money on carbonated drinks devoid of nutritional value. With older friends all on different diet restrictions, I now entertain by taking them out to restaurants.
CALIFORNIA | LOCAL
June 4, 2010 |
Rue McClanahan, an actress best known for her Emmy-winning role as the sassy, man-crazy Southern belle Blanche Devereaux on the hit TV series "The Golden Girls," has died. She was 76. McClanahan died early Thursday at New York-Presbyterian Hospital of a brain hemorrhage, according to her manager, Barbara Lawrence. FOR THE RECORD: Rue McClanahan: The headline with the news obituary of actress Rue McClanahan in Friday's LATExtra section gave her year of birth as 1933. As the article noted, she was born in 1934.