Real World, Real Solutions
Even the best-laid plans can run into complications — thanks to luck, timing, or any of the other surprises that life delivers. MoneyWatch met with people from around the country and in all stages of their financial lives, learning their challenges and helping to develop real solutions. Here are their stories.
Your 20s: Molly Laurain
Molly Laurain had a college degree and a knack for real estate, but she entered the job market just as the economy was heading for recession — and the profession she knew best was getting clobbered. Here’s how she landed on her feet, and how we helped her get her financial life into shape to take her career to the next level.
Starting Out: Anna Hennings
At 23, Anna Hennings should be launching her life. But she worries the current downturn will hold her back. MoneyWatch helps her create a solid financial plan.
Your 30s: Reena and Will Watts
Reena and Will Watts want to feel as if their options for the future are unlimited — although their money isn’t. We show them how to save for retirement and education while guaranteeing a solid financial future for their young son.
Your 40s: John and Michelle Kazanjian
It’s easy to lose sight of your long-term finances when you’re raising five daughters and running two businesses. But John and Michelle Kazanjian need to get serious — before it’s too late.
Changing Careers: Ruth Caspary
Ruth Caspary wants to give up her current job, move to Washington and open up a restaurant or bar. MoneyWatch’s Jill Schlesinger tells Ruth how to make the dream a reality.
Your 50s: Sam and Myrna Cadelinia
With a thriving small business, college bills all paid, and a handsome nest egg, Sam and Myrna Cadelinia thought they had it made. Then the financial crisis slammed the business, and the market crash melted their savings. Here’s how they can rein in their spending and get their retirement savings back on track.
Your 60s: Dan and Barbara Hoffa
With nearly $2 million in savings and a paid-off house, Dan and Barbara Hoffa thought they were secure. Then Dan lost his job, and the crash clobbered their portfolio.
Starting Over: Melanie and Nate Einbund
Financial analyst Melanie Einbund is out of work for the first time in 15 years; husband Nate, who works in sales, has seen a slowdown. MoneyWatch’s Jill Schlesinger helps them solidify their financial plan.
In Retirement: Don and Sherry Radosevich
Investment losses have forced Don and Sherry Radosevich to reconsider their retirement lifestyle. We show them how to make it work.