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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
How Uncle Sam wants to boost your retirement - 1 day ago Usually I cringe when our leaders in Washington try to help improve our finances. I'm afraid their efforts may do more harm than good. But two new ideas being discussed inside the Beltway could actually make it easier to prepare for retirement. Both center on the income you'll generate from your 401(k). 43% say they have less than $10k for retirement - 1 day ago The percentage of American workers with virtually no retirement savings grew for the third straight year, according to a survey released Tuesday. Retire early, save for a home - 6 days ago Like many households, Wener and Tieun Vieux have suffered a few financial jolts of late. The retired couple's guide to livin' the dream - 5 days ago Question: My husband and I have been happily married for 28 years. Careful spending and sound planning over time has provided us with a very comfortable financial future. Although we're compatible in many ways, our outlook differs when it comes to enjoying our money. I'm more of a saver and I hate to shop. I'm already retired, and when my husband retires in a year we'll begin drawing on our retirement savings. Can you suggest some tips on how we can communicate effectively about spending our money? How do we assure that we'll both have the independence to decide how we want to spend "our share" without judgment? --Margaret M. Make the best of a bad 401(k) - 14 days ago You're probably feeling a lot better about your 401(k) these days, and not without reason. The average balance for experienced workers, after declining 19% in 2008, bounced back 29% last year, including new contributions. |
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Recent transactions in the Garden Grove Reverse Mortgage market:
$312,000 cash out Garden Grove Reverse Mortgage
$243,200 HECM Garden Grove Reverse Mortgage
$825 monthly payments Garden Grove Reverse Mortgage
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