Wednesday, September 16, 2009
Key West Upper Duval Crawl
The Key West Sunrise Rotary is puttin on the Ritz this Thursday Evening, Sept 17th from 5pm on.
It's the "2nd Annual Upper Duval Crawl" with all proceeds to the local Scholarship Fund.
For $25 You get a Supa Dupa T-Shirt and a free drink picked out from 9 of Key West's ritziest places.
Historic Cigar Alley, Square One, The Bottle Cap, The Grand Vin, The Rum Bar, The Keys Piano Bar, La te da, the Southernmost House, and the Southernmost Beach Cafe will all be competing for the title of "Best Biker Drink" in tribute to the start of Key West Bike Week.
There'll be a "partay" on the beach starting at 8:30pm with a "Hot Guys & Babes Contest," food & drink specials and a chance to win cash and prizes including a three night stay at the Southernmost Hotel for Bike Week next year.
You'll declare it's simply topping to be there, see the website for info at http://www.upperduvalcrawl.com/
Tuesday, September 1, 2009
Housing Crisis Effect on Seniors
A substantial proportion — perhaps one-third — of older householders ages 55 to 64 will be less secure in retirement because of the housing bubble and its aftermath, according to the Center for Retirement Research at Boston College. Vanished equity may be the most threatening to Seniors who own homes in markets that have seen the steepest price drops, such as Arizona, Southern California and South Florida.
The vision many Seniors once had of their golden years is no more. At the same time, retirement savings invested in the stock market has taken a substantial hit.
Some Scary Stats: Estimated wealth of households in the 55-64 and 65-74 age groups in 2009 and the change from 2004, excluding wealth in defined benefit pensions.
*Households ages 55-64 Wealth Change
Median net worth $159,800 -49%
Median financial assets $52,600 -41%
Median equity in all real estate $65,900 -54%
*Households ages 65-74
Median net worth $214,100 -13%
Median financial assets $79,600 +81%
Median equity in all real estate $98,200 -27%
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