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NEWS
May 13, 1989 | From Associated Press
The Senate voted Friday to delay for 60 days the implementation of ethics regulations that several federal officials have blamed for their decisions to retire early. The delay, passed by unanimous consent, is expected to go to the House for a vote Monday, said a spokeswoman for Sen. John Glenn (D-Ohio), who sponsored the measure at the Bush Administration's request. The regulations, which would have taken effect Tuesday without the delay, were cited as a reason for this week's retirement of the National Aeronautics and Space Administration's acting chief of the space station program, Thomas L. Moser.
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BUSINESS
April 27, 2014 | Liz Weston, Money Talk
Dear Liz: I got a big tax refund this year and am trying to figure out what to do with the money. Right now I have school loans with a 4% interest rate that I do not need to make a payment on until 2024 with my current payment plan, but the amount I owe is pretty hefty and I know it's going to compound more over time. I also have a very low-interest car loan (1.9%) that will be paid off in 31/2 years. I also could put that money in the market in hopes that it will grow. I should add I am 27 years old. Any advice?
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CALIFORNIA | LOCAL
January 8, 1986
Why this propaganda to keep working when one does not care to do so? After a certain age, one does feel that it is time to stop working. Those who choose to keep working after 55, good for them! But, there are those of us who feel full benefits, at age 55, are welcome. Personally, I have worked long enough, and I do prefer retirement now. However, it's been fixed so that I am unable to retire, as yet. Full retirement at age 55 should be a matter of choice. Who cares to work after 60?
CALIFORNIA | LOCAL
April 26, 2014 | By Sandy Banks
It's time to retire Donald Sterling. Let the real estate magnate and Clippers owner take his millions and buy a hockey team. Then he won't have to worry about black superstars showing up for games on his girlfriend's arm. That's what seemed to set him off in what is alleged to be a recorded argument with his girlfriend, who had posted a picture of herself with Magic Johnson on her Instagram account. “It bothers me a lot that you want to broadcast that you're associating with black people,” the man on the recording said.
SPORTS
October 9, 2012 | By Melissa Rohlin
The finish line for Kobe Bryant's career may be very near. Or maybe not. His contract with the Lakers runs through the 2013-14 season, and Bryant suggested in a recent cbssports.com story he might then retire. After practice Tuesday, reporters asked Bryant if he would only play for two more seasons.  "We'll see from year to year where it goes," Bryant said. What would it take for him to come back for a third year? "How the hell do I know?" Bryant said. "It's three years from now. " Bryant suggested that playing pro basketball for nearly two decades is a major mental challenge.
SPORTS
August 31, 2012 | By Kevin Baxter
At 37, Galaxy midfielder David Beckman is more than twice as old as two of his teenage teammates. And there are days, he says, when he feels even older. "It's always harder when you're 37," he said after training Friday. "You always have niggling injuries and you always find it harder to get over games. " But despite that, Beckham isn't thinking about retirement just yet. "I said I wanted to continue playing as long as possible. So we'll see what age I finish at," he said.
ENTERTAINMENT
November 20, 2012 | By Deborah Vankin
National Endowment for the Arts Chairman Rocco Landesman announced his retirement Tuesday effective at the end of the year -- but not without a sense of humor. "The time has come for me to become a cliché: I turned 65, am going to retire, and cannot wait to spend more time in Miami Beach," Landesman said in a statement released by the NEA. Landesman -- a Tony Award-winning producer of, among other hits, Mel Brooks ' “ The Producers ,”  looked back on his three-year term in the statement: “My intention has always been to serve one term, and we have been able to accomplish more than I had ever thought possible: sparking a national movement around creative placemaking, forging significant relationships with other federal agencies, creating an unprecedented healing arts partnership with the Walter Reed National Military Medical Center, and increasing both the scope and impact of our research office.” Landesman was president of Jujamcyn Theaters, which produced “Angels in America” on Broadway in 1993-94 after its initial staging at Los Angeles' Mark Taper Forum.
SPORTS
January 2, 2014 | By Eric Sondheimer
 Former Encino Crespi pitcher Jeff Suppan has officially retired after 17 major-league seasons. He made the announcement to Jon Heyman of the MLB Network. Here's the story from MLB.com . He was the 2006 National League Championship Series MVP for the St. Louis Cardinals and made 417 starts in his career. He was a second-round draft pick of the Boston Red Sox in 1993. Eric.sondheimer@latimes.com  
BUSINESS
May 22, 2013 | By Paresh Dave
More than half of millennials -- 54% -- surveyed by a Wells Fargo & Co. retirement unit said their "biggest financial concern currently" was longer-term debt, mainly student and credit card debt. With the cost of college continuing to rise , about 64% of the 22- to 32-year-olds surveyed said they paid for school with loans. And 42% of the millennials said their debt was "overwhelming," twice the rate of baby boomers who were surveyed for comparison. The $1 trillion in outstanding student debt and low wages in the weak economy are causing the latest rounds of college graduates to put away less money for retirement.
NEWS
April 23, 2013 | By Paul West and Lisa Mascaro
WASHINGTON -- In a surprise move that deals a serious blow to Democratic chances of holding the Senate, veteran Montana Sen. Max Baucus has decided not to seek reelection next year, Democratic officials said Tuesday. Baucus chairs the Senate Finance Committee and was expected to be a major player in the coming debate over reforming the nation's tax system. A Democratic aide said that Baucus'  decision could complicate the tax-overhaul effort and that there might be calls for the lame-duck senator to relinquish his chairmanship before his retirement takes effect.
SPORTS
April 23, 2014 | By Sam Farmer
What looked like a routine NFL play wound up leaving a life-altering mark on former Jacksonville linebacker Russell Allen. Allen, 27, who was released by the Jaguars last week, is finished with football. He suffered a stroke on the field in a Week 15 game against Buffalo last season, something he recently revealed to Robert Klemko of TheMMQB.com . He was released after failing a physical. Allen developed a dime-sized dead spot on his cerebellum after a face-to-face collision in the first half with Bills center Eric Wood -- what seemed like a hard but typical hit. "It was strange because it was so routine," Allen told Klemko.
ENTERTAINMENT
April 22, 2014 | By Ryan Faughnder
Nikki Rocco, the veteran head of domestic distribution at Universal Pictures, will retire at the end of this year, she said Tuesday.   Rocco, the first woman to become president of a major studio's distribution operations, has worked for the studio for nearly five decades. Rocco, 64, first joined Universal Pictures as a paid intern in 1967 while she was a high-school senior, after which she was hired to work in the company's New York office. She has been Universal's head of domestic distribution since 1996.  PHOTOS: 2013's highest-paid media executives "Nikki Rocco is an industry icon, and in the short time I've been with the company it's been clear why she is held in such high regard," said Universal Filmed Entertainment chairman Jeff Shell in a statement.
CALIFORNIA | LOCAL
April 22, 2014 | By Emily Alpert Reyes
A top advisor to Los Angeles lawmakers announced Tuesday he plans to retire after decades working in city government. "This decision does not reflect any dissatisfaction with the city," Chief Legislative Analyst Gerry Miller wrote in a Tuesday letter to the City Council. "After nearly 30 years and much thought I have decided that it is time to move on to explore other interests and spend more time with my spouse and family. " In the letter, Miller expressed mixed emotions and said his last day would be Aug. 29. He did not immediately return a call Tuesday seeking additional comment.
SPORTS
April 19, 2014 | By Lance Pugmire
Saku Koivu saw his retiring teammate, friend and Finnish countryman Teemu Selanne skate around the arena bathed in cheers last week in the Ducks' final regular-season home game. Moved, of course, Koivu quickly set aside the moment that's so close to home. Because there are still games to win. Koivu, 39, could be just as close to retirement as Selanne, but the 18-year NHL veteran center hasn't officially announced his intentions. "Very private guy, very unselfish - been like that a long time," Koivu's linemate Andrew Cogliano said.
CALIFORNIA | LOCAL
April 16, 2014 | By Jean Merl and Richard Simon
Campaign contributions are flowing briskly to candidates in some of California's hottest congressional races, including two of the most vocal proponents of getting money out of politics. Incumbents in races in the Sacramento area, Central Valley, Bay Area and Riverside and Ventura counties each have raised more than $1 million to fend off vigorous challengers. And in San Diego County, freshman Democratic Rep. Scott Peters and his main opponent, Republican Carl DeMaio, were nearly neck and neck, with Peters taking in nearly $1.8 million to DeMaio's almost $1.5 million.
NATIONAL
April 15, 2014 | By Michael Muskal
Detroit, fighting its way through the largest public bankruptcy in U.S. history, has reached an agreement that preserves current pensions but cuts cost-of-living payments for retired police and firefighters. The agreement, announced Tuesday, is the first major compromise between the city and any of its retirees as Detroit and its creditors try to find a way to deal with an estimated $18 billion in long-term liabilities. The pact must be approved by the 6,000 members of the Retired Detroit Police and Fire Fighters Assn., whose leaders said they backed the negotiated agreement and by Judge Steven Rhodes, who is overseeing the bankruptcy case.
SPORTS
September 19, 2013 | By David Wharton
Not so fast. It seems that Usain Bolt -- who can usually be seen sprinting ahead at blurry speeds -- is now backtracking on his plans to retire after the 2016 Rio de Janeiro Olympics. Bolt previously vowed to quit running after Rio, but during a stop on his current book tour, he acknowledged reconsidering. "I think my fans especially have really voiced their concern about me retiring," Bolt was quoted as saying by the Associated Press. "They think I should carry on, and so do my sponsors.
BUSINESS
July 26, 2013 | Liz Weston, Money Talk
Dear Liz: None of the Web-based tools I've seen really get at the heart of the problem of how much I really need in retirement. For example, if I am diligent and save 20% of my income (I earn over $150,000), why would I need to replace 95% or even 80% of my income to maintain my standard of living in retirement? If I subtract the 20% going to savings, another 10% for the costs of working (clothes, lunches, gas) and reduce my income tax 5%, shouldn't I be living the same lifestyle at 65% of my current income?
SPORTS
April 14, 2014 | Helene Elliott
Were those tears or drops of sweat rolling down Teemu Selanne's face Sunday as he skated around the Honda Center, absorbing and returning the crowd's love after the final regular-season game of his Hall of Fame career? If he wept, he wasn't alone. Selanne's love for Southern California was mutual from the day he joined the Ducks in February 1996, traded here by the financially strapped Winnipeg Jets. One sunny breakfast under palm trees, and he was home. "This is my kind of place," he recalled thinking.
ENTERTAINMENT
April 10, 2014 | By Ryan Faughnder
Comedian Stephen Colbert will be the next host of "The Late Show. " CBS said Thursday that the "Colbert Report" star will take over hosting duties for the long-running late-night talk franchise when David Letterman retires in 2015. Colbert and the network have reached a five-year agreement, the broadcaster said.   BEST TV OF 2013 Lloyd | McNamara Letterman, who has hosted the show for 21 years, last week announced his retirement on the program.  CBS did not give any details on the creative direction of the show once Colbert takes over, nor did it say where the series will be produced.  "Stephen Colbert is one of the most inventive and respected forces on television," CBS Corp.
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