It’s never too early or too late to start planning for retirement. However, in the U.S., when it comes to retirement savings, later seems to be the standard. According to RothIRA.com, only 56% of today’s workers in the U.S. are currently saving money for their retirement, and 38% of those currently saving have less than $10,000 saved.
This week I’m going to drop the personal off of personal finance to write a little bit about something that has become a hot topic locally.
Recently the Fort Collins City Council approved a financing package for the redevelopment of the Foothills Mall that included Tax Increment Financing, or TIF for short. This package in particular has brought about a lot of local commentary even though the City has used TIF and other tax offsets in the past.