Month: June 2021

Georgetown Police Department Announces Retirement of Dispatcher Lucille Manning

For immediate release Chief Donald C. Cudmore presented Communications Dispatcher Lucille Manning a plaque and gift in recognition of her 34 years of service to the community. (Photo Courtesy Georgetown Police Department) GEORGETOWN — Chief Donald C. Cudmore and the Georgetown Police Department announce the retirement of Communications Dispatcher Lucille Manning after more than three …

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Billionaire investor Peter Thiel has $5B in his tax-free retirement account, report finds

Peter Thiel, the luminary venture capitalist billionaire, has used a common personal retirement account as his own “$5 Billion Tax-Free Piggy Bank,” according to a new report from the nonprofit news organization ProPublica. Roth IRAs, which were created in 1997, are meant to serve as an incentive for people to save money now and be …

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Pandemic Dims Retirement Hopes For Blacks, Hispanics, EBRI Finds – InsuranceNewsNet

Blacks and Hispanics have plenty of retirement money concerns. The pandemic set Black and Hispanic Americans further back in their income potential and retirement prospects, further exacerbating an existing retirement disadvantage. Blacks and Hispanics were more likely than whites to experience disruption in employment, according to findings from the 2021 Retirement Confidence Survey, conducted by …

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We have $7 million for retirement but ‘I feel bad about not working’ — should I retire anyway?

Help me retire. I am 59 and working. My 73-year-old husband retired three years ago. We have no debt and we own our home and cars. Our last kid is a senior in college, which is fully paid. I have $2 million in my retirement account and our other retirement savings has another $5 million.  …

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