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Garden Grove, is a city centrally located in northern Orange County, California, United States. As of 2004, the city population was 170,000 people. California State Route 22, also known as the Garden Grove Freeway, passes through the city from east to west. Garden Grove is home to a substantial Vietnamese American population, forming the northern edge of Orange County's Little Saigon, and also to a large Korean American population centered along Garden Grove Boulevard west of Brookhurst Street. The city is known outside the Southern California area for being the home of Robert H. Schuller's Crystal Cathedral, from which religious broadcasts are made.
Garden Grove was founded by Alonzo Cook in 1874. A school district and Methodist church were organized that year. It remained a small rural crossroads until the arrival of the railroad in 1905. The rail connection helped the town prosper with crops of oranges, walnuts, chili peppers and later strawberries. In 1933, much of the town's central business district was destroyed by the Long Beach earthquake, and one person was killed. The post-World War II boom led to rapid development, and Garden Grove was incorporated as a city in 1956 with about 44,000 residents.
By 1960, population had grown to 85,000; by 1970 it was 120,000. In the late Seventies and Eighties a significant Asian population (primarily Vietnamese and Korean) began to locate in the area. In recent years, Harbor Boulevard has become a booming entertainment and tourism area, served by nine high-rise hotels. Well-known Garden Grove residents include actor Steve Martin, adventurer Steve Fossett and baseball star Lenny Dysktra. Garden Grove also lends its name to a song by the famous Southern California band Sublime, on their eponymous album.
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 Retirement advice and news - CNNMoney.com
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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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$243,200 HECM Garden Grove Reverse Mortgage
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