The recent market volatility has affected just about everybody’s financial and investment situations – so, if you were planning to retire soon, will it still be possible? Of course, the answer depends somewhat on your employment situation. With so many people’s jobs being affected by the coronavirus pandemic, your retirement …continue reading
During your retirement, you will likely need to withdraw from your investment portfolio to help pay for your living expenses. So, naturally, you’d rather not see the value of that portfolio decline. Yet, if you spend two or three decades in retirement, you might experience several steep market declines – …continue reading
The health aspect of the coronavirus affects everyone – we’re all concerned about our well-being and those of our loved ones and communities. However, the economic impact may vary among different age groups – and if you’re retired or about to retire, you might have some special concerns about starting …continue reading
What do your fellow citizens fear most? Almost half of them – 49% – are most afraid of running out of money during retirement, a higher percentage than the 44% whose chief concern is failing health, according to a recent survey by Aegon Center for Longevity and other groups. What …continue reading
International Women’s Day 2020 is observed on March 8. This special day celebrates the social, economic, cultural and political achievements of women. Yet, women still face gender barriers as they seek to achieve their financial goals. How can you address these challenges? To begin with, you need to be aware …continue reading
After 30 years of service to the Cypress community, Police Chief Rod Cox is entering retirement. You are invited to join us as we celebrate and honor his service Friday, March 13, 2020 at 4 p.m. The event is hosted by the City of Cypress at Cypress Community Center, located …continue reading
Assemblywoman Sharon Quirk-Silva (D-AD65) held a community get-together at the Coffee Bean & Tea Leaf in La Palma on Saturday, January 11. She covered current hot political topics, showed herself to be well-informed, and even admitted that her office (and everybody else’s) was drowning in negative reaction to AB 5, …continue reading
As a business owner, you’re always thinking of what you need to do now. But you can’t forget about the future – yours and that of your business. So it may be a good idea to consider your personal retirement plan and business succession strategy. Let’s start by looking at …continue reading
If your employer offers a 401(k) or similar plan, you’ve got a powerful retirement-savings tool at your disposal. And yet, how well you do with your 401(k) depends greatly on your choices and actions. What steps can you take to maximize the benefits of your plan? For starters, be aware …continue reading
Between your 401(k) or pension, your IRA and Social Security, you hope to have enough to enjoy a comfortable retirement lifestyle. Yet, you may want, or need, to find other financial resources – one of which might be a fixed annuity, which offers a guaranteed interest rate and can be …continue reading
It might not be on your calendar, but Aug. 14 is Social Security Day. Since it was enacted on Aug. 14, 1935, Social Security has provided some financial support for millions of Americans during their retirement years. While Social Security benefits, by themselves, probably aren’t enough to enable you to …continue reading
CalPERS is hosting a two-day CalPERS Benefits Education Event (CBEE) in Costa Mesa during August to educate members in a five-county area about programs and benefits available to them. This CBEE will take place at the Hilton Orange County/ Costa Mesa, 3050 Bristol Street, on Friday, August 9 and Saturday, …continue reading
To achieve any of your financial objectives, you need to save and invest – that much is clear. But just how you save and invest may differ from goal to goal. Let’s look at two common goals to see the differences in your savings and investment strategies. The first goal …continue reading