Gen X has been named the alpha tester for the 401(k) retirement savings plan, and most are behind on saving for their retirement. We spoke to Spokane financial advisers about some of the strategies Gen Xers can take on to accumulate wealth.
Preretirees envision themselves lacking enough retirement income to live in comfort once they leave the workforce, but some financial advisers suggest that a pessimistic retirement outlook can become a self-fulfilling prophecy.
Retirement income specialist Michael Maehl advises that mainstream stocks have been the simplest way for people to build real wealth and increase income over time at a far greater rate than inflation can take it away.
Awareness and research about hormone replacement therapy have helped create more acceptance and understanding of the practice. Functional medicine provider Debbie Judd says The Metabolic Institute is growing consistently and is hiring a new provider to keep up with demand.
Some independent community pharmacies are thriving through expanded clinical services and service areas in Eastern Washington, while some large retail chain pharmacies are confronting headwinds, namely bankruptcies and store closures.