Latest News

Lilac Terrace retirement project goes up- Art Only

April 23, 2009

Lilac Terrace, a 50-unit, four-story retirement housing project, is under construction at the Lilac Plaza Retirement Community complex at 7007 N. Wiscomb. KOP Construction Co., of Spokane, is the contractor on the $9.5 million, 46,000-square-foot

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

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

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

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

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

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

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

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

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