Salvaggio

Rob Salvaggio of Glencoe, Ill., won't turn 50 until later this month, but he already is expecting a financial hit when he retires.

Debt Hobbles Older Americans E.S. Browning 2011

Mr. Salvaggio and his wife, Wendi, make good incomes and their financial adviser has urged them to cut back on their standard of living to reduce their debt.

Debt Hobbles Older Americans E.S. Browning 2011

"I can't imagine that Spain won't come under pressure in the next few months," Mr. Salvaggio said.

Debt Concerns Pressure Euro Andrew J. Johnson 2011

Mr. Salvaggio, who works for a real-estate manager, once dreamed of retiring at 55, but his mortgage, auto and credit-card debts are so high that he is aiming now at something more like 65.

Debt Hobbles Older Americans E.S. Browning 2011

"We are poised to either see a reversal, or another push higher," in the euro, and it is hard to tell which way it will go given the indecisiveness of the market currently, said Mr. Salvaggio.

Debt Concerns Pressure Euro Andrew J. Johnson 2011

"That kind of started the drive lower for the euro," said Greg Salvaggio , vice president of capital markets at Tempus Consulting in Washington.

Debt Concerns Pressure Euro Andrew J. Johnson 2011

"Everybody is worried about a non-orderly default of Greek debt," Mr. Salvaggio said.

Euro Tumbles on Greek Move Javier E. David 2011

The uncertainty speaks to Greece's ability "to keep the entire world on its head" with its festering debt problems, said Greg Salvaggio , vice president at Tempus Consulting.

Euro Tumbles on Greek Move Javier E. David 2011

"It would not surprise us if they don't do it at all," said Greg Salvaggio, vice president of capital markets at Tempus Consulting in Washington, pointing to pressure from some members of the Group of 20 industrialized and developing economies for the Fed to refrain from taking action that could have the knock-on effect of weakening the dollar.

Fed Expectations Lift Dollar Bradley Davis 2010

But Mrs. Salvaggio, who works for a multinational technology company, went through a difficult divorce before they married.

Debt Hobbles Older Americans E.S. Browning 2011