Category Archives: US retirement

Texas students raise $250,000 for 80-year-old school janitor forced out of retirement

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After Mr James’s rent increased by $400, he had to go back to work, but students raised enough funds for him to retire again

After an 80-year-old janitor had to return to work after his rent was increased, Texas high school students raised more than $250,000 to help him retire.

The janitor, known to students as Mr James, returned to work in January after his rent shot up by $400 a month, according to KDFW. The students at Callisburg high school, about 80 miles (130km) north of Dallas, started their campaign last week and shared it on TikTok, hoping to raise $10,000. As of Friday afternoon, it had received nearly $270,000 from more than 8,000 donors.

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Shooting at southern California church leaves one dead and five wounded

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Suspect arrested after churchgoers tie him up with cord following second US mass shooting of weekend

Gunfire at a southern California church has killed at least one person and wounded five before a suspect was taken into custody, authorities said.

The shooting early on Sunday afternoon occurred at Geneva presbyterian church in Laguna Woods, a town of 16,000 that consists of Laguna Woods Village, a retirement community for people 55 and older once known as Leisure World.

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They became millionaires and retired at 31. They think you can do the same

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The authors Kristy Shen and Bryce Leung are part of a movement called Fire that encourages people to save intensively to retire early

Growing up in poverty in rural China, where her family collectively lived on as little as $0.44 a day, Kristy Shen learned to make decisions based on pragmatism rather than passion from a young age.

On her first ever trip to a toy shop aged eight, after her family moved to Canada, she declined the offer of a teddy bear in favour of a cheaper one and requested that her father send the remainder of the money to their family in China. As a teenager, she chose to be a computer engineer, ignoring her dream to be a writer, based on a formula she devised to rank the best value university courses based on tuition fees versus future pay. And as an adult, any domestic disagreements with her husband, Bryce Leung, are generally won or lost based on who makes the best mathematical case.

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