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How to avoid retirement crisis

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www.youtube.com – WLOX News – 2024-08-05 18:52:45

SUMMARY: A concerning statistic reveals that one in five adults have no savings, indicating a looming retirement crisis, especially as baby boomers approach retirement. Financial expert Gregory Ricks emphasizes the need for individuals, even those as young as 30, to assess their savings and take advantage of compounding growth. The median savings for baby boomers is under $200,000, suggesting many have significantly less. Ricks advises utilizing tax-advantaged accounts like IRAs and 401(k)s, highlighting that participation can dramatically reduce retirement failure rates. He recommends saving 10-15% of income and urges the importance of having a Social Security strategy for a secure retirement plan.

More and more baby boomers are set to retire, but few are prepared to make ends meet.

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Harrison County Sheriff's Office responds to accidents due to snowy conditions

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www.youtube.com – WLOX News – 2025-01-21 20:15:04

SUMMARY: South Mississippi is experiencing extremely cold temperatures and snowfall, creating hazardous driving conditions. Reporter Noah Noble, who rode with a Harrison County deputy, described the dangerous roads, where driving over 30 mph was risky. Their patrol encountered difficulties, including spinning out and getting stuck in a ditch, highlighting the challenges of navigating in such weather. Local construction worker Leo Cortez assisted in pulling them out, noting he was helping others too. The risk extends to emergency responders who face delays due to the icy conditions. Drivers are urged to exercise extreme caution if traveling in the area.

Harrison County Sheriff’s Office crews have been out all day responding to accidents due to snowy road conditions.

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Latest viewer-submitted snow pictures, videos from across South Mississippi

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www.youtube.com – WLOX News – 2025-01-21 14:46:26

SUMMARY: Hugh Keeton at the WLOX Digital Desk shares updates from South Mississippi, where snow is causing significant disruption. Viewers are sending in photos of snowy scenes, including snowmen, snowy vehicles, and landmarks like the Brett Favre statue in Hancock County. Hugh describes his own journey through Long Beach, showing snow-covered streets, trees, and cars. The snowstorm has closed many businesses and roads, including bridges. Despite challenges, people are enjoying the snow, with children playing outside. The WLOX team, including meteorologist Eric Jeansonne, shared their experiences and pictures, including a historic 1963 snow snapshot.

South Mississippians are enjoying the snow day!

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LIVE: Snow on Highway 90 in Biloxi

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www.youtube.com – WLOX News – 2025-01-21 12:31:49

SUMMARY: Crews are monitoring a rare snowstorm affecting south Mississippi, with meteorologist Aaron Colby reporting live from Highway 90 near Edgewater. The region is experiencing windy, snowy conditions with significant ice accumulation on the roads, making driving increasingly hazardous. Currently, there’s about 2 to 3 inches of snow on the ground, and more is expected as heavy snow bands move in from Louisiana. With temperatures dangerously low and strong winds, residents are advised to dress warmly with layers and protective gear. Updates will continue throughout the day as conditions evolve.

Meteorologist Aaron Colby has a look at the winter weather conditions

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