New Number for Your Retirement: $1.46 Million
Americans’ “magic number” for retirement is surging to an all-time high — rising much faster than the rate of inflation while swelling more than 50% since the onset of the…
Retirement Plans for Sole Proprietors
By Deborah Jeanne Sergeant Sole proprietors don’t have an employer matching their 401k contributions or setting up a pension program. They do have options for saving for retirement — and…
Edd and Cynthia Staton: “We both started receiving Social Security at age 62 ... when the Great Recession of 2008 swept away our careers and much of our net worth.”
Glad We Started Collecting Social Security Benefits at 62
‘In making our decision, we ran all the numbers, including the most valuable number of all: time’ By Edd and Cynthia Staton As retirement approaches you must face the question,…
Local Leaders React to Mike Treadwell’s Retirement
Treadwell is retiring after nearly 40 years leading economic development in Oswego County By Stefan Yablonski After nearly 40 years of leading Operation Oswego County, L. Michael Treadwell plans to…
$1M Is No Longer the Standard Nest Egg
By Gabrielle Olya Here’s how much most Americans think you actually need to retire A common financial rule of thumb is that you should have $1 million saved for retirement, but…
Retiring…After 41 Years With OCO
By Ken Sturtz Patrick Waite of Fulton has seen substantial change in human services over four-decade career When Patrick Waite reflects on his career in human services he marvels at…
Early or Late Retirement?
By Deborah Jeanne Sergeant Pandemic has been a major factor in people retiring early, says expert In 2020, a TIME magazine story related that “as of February 2019, more than…
Bruce Phelps, 97, owner of Fulton Tool in Fulton, said he’s worked all his life—and has no plans to retire. He still goes to his office most days of the week.
Hi Ho, It’s Off to Work I (Still) Go
By Steve Yablonski For some local entrepreneurs and employees, retirement remains an elusive concept Are you an older American who has made a decision to continue working? If so, you…
Why Have Private Insurance if You’re on Medicare?
By Deborah Jeanne Sergeant If you’re approaching 65 and thus qualifying for Medicare, you may wonder why you should also pay for additional health insurance coverage. Especially if you are…
Is True Retirement a Thing of the Past?
Department of Labor reports 40% of people over 55 are working or looking for work; 16% are unincorporated self-employed By Deborah Jeanne Sergeant Your parents’ generation (or grandparents’ generation, depending…