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Money Magazine: Turning a lifetime of savings into income

Question: The 4% rule seems to have become the conventional wisdom for drawing money from your savings in retirement. But I believe the rule is flawed. I think it might make more sense to choose a percentage of your savings that you will withdraw annually and then just apply that percentage to your savings balance at the beginning of each year so you would have more money to spend in years when investment returns are good and less to spend in years when returns are bad. What do you think? --E. W., East Lansing, Michigan

$13 billion auto bailout won't help trucker

The massive injection of funds to the Detroit automakers has come too late to save the American Dream for one man.

Behind the Scenes: Returning home to a GM town

The buildings are gone, but somehow their shadows remain.

Family that's given 300 years to GM hopes for future

Mike Green's family is good at making things. Through four generations of putting cars together, they've built a city, created a community, and forged a legacy.

CNNMoney: 'Hope for Homeowners' gets a slow start

Everyone agrees that the only way to fix the financial crisis is to fix the housing market.

We're married, sleeping separately

It was the sock in the jaw that finally did it.

Obama, McCain energy plans

Presidential candidates Sens. Barack Obama and John McCain are detailing their plans for solving the country's energy crisis and criticizing each other's proposals this week as they campaign in battleground states.

Time.com: Sex Offender Wins Lottery Jackpot

The winner of last week's $57 million Mega Millions lottery jackpot is a registered sex offender who also pleaded guilty to two breaking and entering charges in the 1980s

Time.com: No Benefits for Gay Partners in Mich.

Local governments and state universities in Michigan can't offer health insurance to the partners of gay workers, the state Supreme Court ruled Wednesday

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