It wasn t until she went through a divorce that she realized she hadn t been saving enough for her retirement. As a single mother with two children under the age of 10, plus a mortgage, she now had more financial responsibilities on a single income.
Her fears prompted her to take inventory of her retirement funds. At the age of 37, she assumed that her years of contributions would have gotten her close to building a comfortable financial future. But contributing the minimum had not been enough.
Upon recognizing that, Simmons was able to get herself on track and within a matter of four years, she managed to accumulate $750,000 between savings and investments, according to financial records viewed by Insider.
Roy Williams plans to retire after 48 seasons as a basketball coach and 33 seasons as a head coach, which included the last 18 with the Tar Heels.
Williams will address the media on Roy Williams Court at the Dean E. Smith Center on Thursday (April 1) at 4:00 p.m., according to a news release on UNC Athletics official website.
Williams, a UNC alum, led the Tar Heels to three national championships (2005, 2009, 2017) and trails only
Dean Smith who he coached alongside as an assistant from 1978-88 for the most wins in program history (485.)
During Williams tenure, North Carolina made the NCAA tournament in all but two seasons, the national championship four times and the Final Four five times, while also winning three ACC tournaments and nine ACC regular season titles.
Investing 101
By Mags Heystek
We have all been in those situations where we need advice, be it from a doctor, attorney, mechanic, or an electrician. Many times, we require solutions to problems that we are not capable of dealing with, and we rely on the expertise from the person or company we have sought help from. We have identified a problem, and we rely on that person to provide advice as well as a solution. Financial advisors could be identified as these types of professionals, that provide advice for a problem or need. But when it comes to understanding the solution, often times investors do not really understand what is being recommended, and sometimes have to ask the professional to provide an explanation in simple English. To be more specific, it’s kind of like going to the doctor with a headache, and only to be told you have