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No, you’re not too young: Finance executive prepares you for retirement

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www.youtube.com – KSAT 12 – 2024-11-08 23:45:41

SUMMARY: AARP reports that 20% of adults aged 50 and older have no retirement savings. Noah Martinez, a first-generation business owner from San Antonio, shares his journey of financial organization. After taking over Black Tie Catering, which his father worked at as a dishwasher, Noah realized he needed a financial plan. Inspired by his parents’ work ethic, he sought help from Nick Lewis of the Lewis Group, who advised on budgeting, emergency savings, life insurance, and retirement plans. With a solid plan, Noah feels relief knowing he can support his employees and family, especially given the average retiree in San Antonio earns only $2,211 annually.

However, a recent AARP survey found that 20% of U.S. adults ages 50 and up haven’t saved money for their retirement. That grim statistic is a reason Noe Martinez, 40, decided to organize his finances.

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News from the South - Texas News Feed

Two Democrats, two Republicans running for Texas House speaker | Texas

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www.thecentersquare.com – By Bethany Blankley | The Center Square contributor – 2024-11-13 13:20:00

SUMMARY: Three candidates—two Democrats and one Republican—are contesting the Texas House speaker position, currently held by Rep. Dade Phelan. Following recent elections, Republicans have a majority with 88 seats, needing 76 votes to elect a speaker. Key issues include school choice and the impeachment of Attorney General Ken Paxton. Rep. David Cook aims to reform the House and has criticized Phelan’s reliance on Democratic support. Phelan asserts he has sufficient backing to secure reelection. Additionally, Democrats Ana-Maria Ramos and John Bryant have announced their candidacies, focusing on issues like public education, abortion rights, and gun safety reforms.

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American Petroleum Institute offers roadmap to energy independence | National

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www.thecentersquare.com – By Shirleen Guerra | The Center Square – 2024-11-13 12:25:00

SUMMARY: The American Petroleum Institute has presented a five-point plan to President-elect Donald Trump, urging policies that enhance U.S. energy leadership and address inflation. The plan emphasizes economic benefits from a strong fossil fuel sector and advocates for U.S. energy independence, calling for expanded oil and natural gas production on federal lands. API President Mike Sommers expressed the need to ease regulations, reform permitting processes, and retain a competitive corporate tax rate. The plan also seeks to repeal restrictive EPA rules and highlights the importance of energy independence, particularly following concerns about the Biden administration’s policies impacting the industry.

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Texas Democratic Party chair to resign after Republican sweep in Texas | Texas

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www.thecentersquare.com – By Bethany Blankley | The Center Square contributor – 2024-11-13 09:32:00

SUMMARY: After Republicans dominated statewide races, especially in South Texas, Texas Democratic Party Chair Gilberto Hinojosa announced plans to resign after 12 years. In the Nov. 5 elections, Hispanic voters in border counties largely supported Republican candidates, including President-elect Trump and Senator Ted Cruz. Hinojosa attributed Trump’s success with Hispanics to frustrations over border security and criticized the Democratic transgender agenda. Some Democrats, including U.S. Rep. Monica De La Cruz, blamed the party’s cultural policies for the shift to the right. Hinojosa apologized for his remarks and called for party unity, but announced his resignation due to the party’s electoral losses.

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