Retirement / Flickr (Creative Commons License)


We’ve all heard it before: The best time to start saving for retirement was yesterday.

But many workers, particularly young, low-income and part-time workers, are more likely to not have a retirement plan through their jobs.

Nearly half of private sector employees ages 25 to 64 in Kentucky work for a company that does not offer a retirement plan. That’s approximately 566,780 people, according to a new report from the left-leaning Kentucky Center for Economic Policy.  

The first thing to realize about financial advice is that it's not free — and it often costs more than you think. That's what Morra Aarons-Mele found when she decided to find a financial adviser after she inherited an IRA from her father.

"I felt like I wanted an adviser because I was uncertain about — I never had any money before, frankly, and I really wanted to be a good steward of it," Aarons-Mele says.

He's been at it for 45 years. Wake up before 2 a.m. Turn on the fryer. And have the glazed doughnuts and peanut-topped coffeecakes ready by 6 a.m.

Yup, Michael Doucleff Sr. is a baker and small-business owner in Alton, Ill.

At at age 70, he doesn't show many signs of slowing down. He's still working more than 40 hours a week, still carrying 50-pound bags of flour upstairs from the basement.

Matt Markgraf, WKMS

WKMS-FM, Murray State’s NPR station, is proud to announce the “Kate B. Lochte Transmission Fund.” A quiet campaign to honor the station’s retiring manager began in June. The fund, to be used for equipment and infrastructure needs, was unveiled to a crowd of friends, listeners, donors and a surprised Lochte during a retirement reception Monday, August 31. 

[Audio, Slideshow] Thank You Kate

Sep 1, 2015
Matt Markgraf, WKMS

WKMS is saying goodbye to our fearless leader, station manager Kate Lochte. Kate has been with WKMS since 1989 and as station manager since 1992. She has been a tremendous leader for this station that has shown exponential growth on all fronts. Thanks, Kate for your service to this station and its members and listeners. Here is a short montage of some great "Kate" moments on air, all the best for your retirement.

About this time last year, Dr. Jim Gould told WKMS that Gene Katterjohn of Paducah had a good story and arranged for Kate Lochte to chat at the Katterjohn’s home one stormy afternoon. The Katterjohns are among the city’s many multi-generational community-minded families. Back in 1919 a Katterjohn won the mayoral race by 86 votes. 

Abanathy Photography, LLC. cropped

With the retirement of Kate Lochte at the end of this month, Murray State’s public radio station WKMS will have a new station manager for the first time since 1992. 

Retirement for baby boomers will look different than it did for their parents — Americans are living longer, health care costs more, fewer people have pensions today, and many people facing retirement haven't saved much.

All of that makes managing the nest egg you do have even more vital. But many people need and want guidance on what they should do to make sure their retirement savings last.

Southeast President Ken Dobbins To Retire In 2015

Sep 9, 2014

Southeast Missouri State University president Kenneth Dobbins announced his retirement plans at his State of the University address on Monday. Dobbins will retire on June 30, 2015.

Dobbins became the 17th president of the university on July 1, 1999, after serving as the University’s Vice President of Finance and Administration from 1991 to 1993, and Executive Vice President from 1993 until his appointment as president. 

Dobbins will do consulting work with the American Association of State Colleges and Universities during his retirement.

A Kentucky city is suing the state's public pension system over its investment of county employees' retirement money into "risky" hedge funds. 

An attorney for Ft. Wright, a northern Kentucky city of 5,700, filed a class-action lawsuit Monday alleging that Kentucky Retirement Systems improperly used money from one of its subsidiary funds to make investments that were illegal under state law.