Posts Tagged ‘401k’

Senior Citizen Housing Approved to be Built at Maple Dale Country Club

Thursday, November 19th, 2009

A 84 - unit senior citizen housing complex was approved by the City of Dover Planning Commission on November12, 2009. There will be 30 townhomes and a 18-unit condominium buildings built. Maple Dale Club owners felt this was a necessary project to save the struggling establishment.
The housing project, will be known as The Villages of Maple Dale. It will be located on the southwest corner of the property, the condos will be built near to the club house on Maple Dale Road. The townhomes will be built along Kenton Road and part of the ninth fairway will have to be re-directed.

Getting Your Finances in Order

Wednesday, October 29th, 2008

1. Have a plan and write it down. Ask yourself where you would like to be in five years. Have an idea of where you money is going. Write down everything you spend and what you save.

2. Maximize your 401k plan.

3. Check on your Social Security benefits at www.ssa.gov

4. Power down your debt. Eliminate credit cards, car payments, personal loans. Start with paying off the highest interest rates first.

5. Find out what is on your credit report. Take your name off of the list that generates the pre-approved credit card offer. Contact each of the credit bureaus: www.equifax.com, www.experian.com, www.transunion.com

6. Compound your interest and watch it grow! If you put just $2,000 a year into a Roth IRA or a 401k from the age of 21, you can expect to retire at 65 with almost TWO MILLION dollars in the bank! If you are over 50, you can play “catch up” by contributing at least $3,000 a year. It is never too late to start a retirement plan! Take advantage of tax deferred college savings programs as well. And make sure you are aware of changes in the tax laws.

7. Diversify! Have three to six months of your living expenses readily available by investing in mutal funds or a money market account.