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SAN DIEGO (KGTV) -- The cost of housing in California isn’t just affecting first-time home buyers, it’s also taking a toll on retirees, according to a report from Global Atlantic Financial Group. The research, based on data from more than 4,000 people nationwide, found that retirees in California spend nearly ,575 a month: 30 percent more than the average retiree in the U.S. at ,008.Housing costs that build up during working years also take a toll. Nearly half of California’s non-retired residents ages 40 and up owe an average of 4,876 on their mortgages, compared to the national average of 4,770. Global Atlantic claims that sky-high housing expenses force California residents to make sacrifices during retirement, including cutbacks on restaurants and entertainment, travel and vacations and charitable giving. Almost 40 percent of retirees nationwide are spending more than they expected."Many Americans adjust their lifestyles and cut spending once they see how quickly costs can add up in retirement," says Paula Nelson of Global Atlantic. She says it's an important lesson for those currently in the workforce to understand. "While older retirees are collecting income from employer-sponsored retirement plans, such as pensions, younger and future retirees may not receive the same benefits. Not only have pensions gradually become less common, but the data shows that younger retirees are also less likely to have much saved in other defined contribution plans, like 401(k)s," says Nelson.More than half of retirees wish they'd handled their financial planning differently, according to analysts. The top three regrets include not saving enough, relying too much on Social Security, and not paying down debt before retiring. 1758

SAN DIEGO (KGTV) — The door-to-door salesman accused of taking swings at a Pacific Beach woman and a string of threatening outbursts while canvassing neighborhoods is behind bars.An arrest warrant was issued on Dec. 6, 2019, for 45-year-old Corey Lamont Terry on felony charges of making criminal threats and attempted burglary, according to the San Diego County District Attorney’s Office. According to San Diego Police, Terry was arrested by Sheriff's deputies on Jan. 9. He is currently being held on 0,000 bail.RELATED: Woman records confrontation with man claiming to be charity worker Police had been investigating Terry since November 2019 after several San Diegans complained of his aggressive language while he solicited money door-to-door, SDPD Lt. Shawn Takeuchi told 10News. Terry had reportedly been visiting neighborhoods in Pacific Beach and Ocean Beach, claiming to be raising money for charity.Several people told 10News he would become aggressive when he was denied donations."He chases me across the street, screaming that he's going to kill me," Sarah Jarzabek told 10News. "Scared to death, honestly."Jarzabek recorded video of a confrontation with Terry on Nov. 2, 2019. SDPD positively identified the man who reportedly swung at Jarzabek as Terry. He was detained and questioned the next day, but ultimately released.“It’s a little bit concerning he’s still out there,” said John Christenson, an Ocean Beach resident who said he encountered Terry on Oct. 16, 2019. “Basically said that he did want to knock me out, was getting in my face, calling me all kinds of names. Finally he did leave but not before spitting in my face." 1661

SAN DIEGO (KGTV) — The City of San Diego could go to court to invalidate a landmark pension reform measure that voters overwhelmingly supported in 2012.The City Council is expected to meet in closed session the week June 10 to decide whether to ask a judge to throw out Measure B. The measure switched most new hires from pensions to 401(k) style retirement plans. More than 65 percent of San Diego voters supported Measure B in 2012. The problem, however, is that the measure got to the ballot via a citizens initiative, but then-Mayor Jerry Sanders campaigned on its behalf. Labor unions challenged the initiative in court, contending the mayor's involvement meant the city needed to meet and confer with them. The state Supreme Court agreed, and an appellate court ordered the city to make its employees whole, plus pay them 7 percent interest. The courts, however, did not invalidate Measure B, instead directing the city to work out a compromise with the unions. On Thursday, City Councilman Scott Sherman and former Councilman Carl DeMaio held a news conference pushing the city to protect Measure B."Right now we are being asked to go against what our bosses told us, and I don't think we should do that," Sherman said, adding that the city spends 0 million a year now meeting its minimum pension obligations. DeMaio said he would work with a coalition to go to court to protect Measure B. "I'm talking about putting the City of San Diego back on the brink of bankruptcy, let alone telling voters that they don't have a say on where their tax dollars go," he said. Early estimates indicate the amount needed to make employees whole ranges from negligible to million.Michael Zucchet, who heads the Municipal Employees Association, said the only rational way to move forward is to invalidate Measure B."It is time for the City and its citizens to move forward by ending the Prop B debacle with the least amount of additional litigation and expense, and at the same time help address the City’s severe recruitment and retention challenges brought about because San Diego is the only City in California with no defined benefit pension nor Social Security benefits for newly hired employees," Zucchet said in a statement.Mayor Kevin Faulconer said in a statement he would oppose any effort to get rid of Measure B. "Voters demanded pension reform and we should respect that, plain and simple," Faulconer said. The mayor cannot vote, however, in the decision facing the City Council. 2500

SAN DIEGO (KGTV) — The escalation in Iran is stirring up terrifying memories for the family of a San Diego man, held there for more than a year during one of the most intense hostage standoffs in history."I was trying to get information. All I had heard from the State Department was that the embassy had been overrun," said Dotty Morefield, whose husband, Richard, was one of 52 people taken hostage in Iran in November 1979. "I picked up the phone and thought if anyone was going to know it would be the news agency, and Brad picked up."It's been more than 40 years since Morefield picked up the phone and called 10News for the first time. 10News assignment editor Brad McLellan picked up the phone."Mrs. Morefield told me her husband had just been taken hostage in Iran and I was shocked. I didn't know what to say," McLellan recalls. "I kept looking up information for her as it came over the wire service and would always call her."RELATED: Pentagon: Iranian missiles attack 2 Iraqi airbases that house US troopsMorefield's husband was a high-ranking diplomat at the time when Iranian students protesting outside the U.S. Embassy in Tehran took over. For more than 400 days after that, it became her mission to keep her husband's name relevant."It's a kind of fear where you can't function, you're just sitting by the phone waiting," Morefield said. "I have to face the fears. The uncertainties and the worries. It kept me very busy and it kept me informed."Day in and day out, Morefield made sure the hostages were kept in the spotlight. Finally after 444 days, the hostages were released."I was just I was beyond excited," Morefield said. And here, Morefield and her kids — and a sea of supporters — celebrated her husband's return."He was stunned," Morefield said. "There were people from Lindbergh Field to the townhouse I was renting in Tierrasanta. There were people the whole way, waving to us and they were so happy to see him."RELATED: San Diego military bases tighten security amid rising tensions with IranBut for 30 years after his release, until his death in 2010, Morefield's husband never fully recovered."He never slept through a night. Never," Morefield said. "He would wake up afraid, startled. He hated to have a door shut."Morefield now lives in North Carolina. Her lawyer says each hostage was promised .4 million, or 0,000 for a spouse or child, but to this day they're still waiting. He said so far the hostages have only been awarded about 16 percent of the amount they were promised."I don't understand the hold up," Morefield says. 2577

SAN DIEGO (KGTV) - The family of a man reported missing from a Spring Valley care facility two weeks ago told 10News Friday he was found safe in North Park.Aldofo Otanez, who has schizophrenia, lived at Mi Casa es Su Casa. His family said he was planning to visit his brother on February 16 but never arrived.Otanez’ brother said the family passed out flyers and posted pictures on social media.RELATED: Schizophrenic man still missing after two weeksOn Friday, a 10News viewer called the family to say Otanez had been sleeping on the sidewalk on El Cajon Blvd. in North Park.People at Dave’s Flower Box had given him a bottle of water, money to buy coffee, and a burrito.The family says he was hungry but is doing well. 738

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