Thursday, February 7, 2008

As economy tumbles, retirees scramble to cope



Lea Wait gets an armful of wood from the stacked pile in her barn at her house in Edgecomb, Maine, on Wednesday, Jan. 23, 2008. Some retirees coping with the sliding economy save money by  lowering their thermostat and heat with a wood stove. (AP Photo/Pat Wellenbach)Rising food and fuel prices, falling interest rates and screeching declines in global stock markets have retirees paring spending to levels some haven't seen in decades.




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