Odell plans May retirement from BBB
Carol Odell, who has been the head of the Better Business Bureau of Southern Colorado for more than two decades, plans to retire May 3. The nonprofit is now accepting applications for the position. As its CEO and executive director, Odell oversees a staff of 19 with an annual budget of $1.2 million. In the [...]
Tim Beeson has been investing his retirement savings in real estate for almost two decades, and he has noticed he’s not alone anymore.
Continue reading …Domestic partners face unique challenges in their retirement planning, including steep upfront costs to create retirement income options that come more easily for married couples.
Continue reading …Dramatic drops in homeownership levels might indicate changing attitudes about the importance a house plays in retirement planning, local financial advisers say.
Continue reading …Colorado state employees are headed to the Capitol to tell state lawmakers that increasing their retirement contribution rates is a pay cut. The House Finance Committee is hearing Thursday from state employees who are being asked for another year to increase what they contribute to their pension funds. The Senate has already signed off on [...]
Continue reading …The City of Colorado Springs’ spending levels and unfunded liabilities are leading it into a “downward spiral” and potentially toward a “financial crisis,” according to a report by the City Committee of Colorado Springs. The volunteer, independent City Committee was formed by Chuck Fowler, president of Fowler Communications Co., and Steve Bartolin, CEO of The [...]
Continue reading …The security guards at the headquarters of New Jersey’s pension fund have never seen anything like it before: lines of public employees extending out the door and into the street. Day after day, workers come in droves to apply for retirement. They often line up before dawn. The rush has been set off in part [...]
Continue reading …Longevity is one of the biggest risks of retirement — and life expectancy is steadily increasing. By age 75, life expectancy increases to 86.9 years for females and 84.6 years for males. Ironically, people with a higher life expectancy tend to be pessimistic and think they will die young. “You may live 20 to 40 [...]
Continue reading …When saving for retirement is perceived as glamorous — for traveling to Hawaii or dining al fresco on the Mediterranean — it’s more palatable than realism. But the harsh reality is that nearly everyone will need health care while retired. And insufficient savings for health care will make most other retirement hopes mere fantasies. A [...]
Continue reading …For years, pensions were a part of American life. As long as employees worked 35 years for a company, they didn’t have to fret about retirement plans — it was the employer’s responsibility. But bygones are bygones. Over time, employees have had to take personal responsibility for their retirement planning. “We’ve shifted from the pension [...]
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