After more than four decades of service, an employee of Hollister-based Guerra Nut Shelling is calling it quits on Friday. Connie Flores plans to retire from...
So, you have saved for retirement with a 401 (k) or an IRA and have been putting money into Social Security at the maximum rate. You are fortunate enough not to have to work after retirement age and are pleased that you’ve been able to accumulate enough wealth so you can retire comfortably. But, the truth behind a successful retirement is not necessarily about how much wealth you have accumulated, but turning that wealth into generating income.
Walk into a bank or a typical stock brokerage firm and the only advice you may get is centered on purchasing the favorite stocks of the day. There are few—if any—questions asked about your present financial situation and financial future. This is how brokers earn a living: the more stocks you buy and sell, the higher the commission your broker earns. This business model is known in the industry as “suitable”.
Keeping New Year’s resolutions is usually a good idea; failing to keep some resolutions can sometimes be quite costly.
County supervisors made an exception to their rule against offering retirement benefits for temporary employees in order to hire someone with expertise in the budget process to replace a management analyst III who retired at the end of December.
To save the fair, manager retires, gets re-hired as