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Costa Mesa History
Located on the "coastal tableland" above Newport Bay, Costa Mesa was once grazing grounds for cattle belonging to the Mission San Juan Capistrano. At the beginning of the 19th century, missionaries built an adobe "Estancia" or way-station for the vaqueros who tended the herds. This structure still stands and was recently restored and transformed by the City into a museum at 1900 Adams Avenue.
World War II brought many thousands of people to the area for training at the Santa Ana Army Air Base, located on what is now the Orange County Fairgrounds, Orange Coast College, and the present site of the Civic Center. When the war ended, many of these men and women returned with their families to begin the population boom which continues today.
On June 29, 1953, the City was incorporated and City Council-Manager form of government was chosen. The new City had an area of 3.5 square miles and a population of 16,840. Within 35 years, by 1988, the population had risen to 90,000 and the area to 17 square miles.
The 2005 Census noted population at 113,143. The City, which formally adopted the slogan "The City of the Arts” in 1999, is home to a regional symphony orchestra and the South Coast Repertory Theater. The 3,000-seat Orange County Performing Arts Center was completed in 1985. In 2006, both the 2,000-seat Renee and Henry Segerstrom Concert Hall and the 500-seat Samueli Theater held their grand openings.
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 Retirement advice and news - CNNMoney.com
Why you should be buying stocks now - 15 hours ago
When new clients come to me, I ask them a few questions about risk. One is "What would you do if the value of your stocks fell by 50%?"
Don't judge an adviser by his title - 2 days ago
When you are fearful about the safety of your money, you tend to be more vulnerable to unscrupulous salespeople posing as trustworthy advisers. So a recent crackdown on dubious retirement credentials couldn't have come at a better time.
Help for mounting 401(k) losses - 12 days ago
Question: I'm retired and my 401(k) has lost approximately 35% over the past year. My financial adviser tells me to stay the course, but the losses keep mounting. What should I do? -Dale Marcos, Lafayette, Indiana
How high earners can grab a Roth IRA - 5 days ago
Paul Heck owns EveryHome, A successful real estate brokerage in suburban Philadelphia. The 53-year-old never considered making a Roth IRA part of his retirement plan. While Heck understands the substantial tax advantages of a Roth, he makes too much money to qualify. Recently, however, he got a tip from his financial planner about an upcoming change in the tax law that will allow Heck - and many other business owners - to seize a back-door opportunity to open a Roth.
Your 401(k) match at stake - 11 days ago
As the faltering economy forces companies to cut back, employee perks are among the first things to go. And along with free coffee in the break room, the next thing your employer might axe is its contribution to your retirement savings plan. About 58% of companies in the U.S. offered employees a 401(k) match as of last year according to Watson Wyatt, a benefits consulting firm. But for cash strapped companies, reducing or eliminating the retirement contribution may be one way to cut back on costs during hard economic times. Frontier Airlines already announced that it was suspending its matching contributions to 401(k) plans earlier this year. Struggling automakers General Motors and Ford, as well as Dollar Thrifty Automotive Group and real estate firm Cushman & Wakefield also announced they would no longer be offering employer matches. |
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$215,000 HECM Costa Mesa Reverse Mortgage
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