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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 21, 2015
Page
15
The writer analyzes Scott Burns style retirement questions. With 3 million in a 401(k) and other assets the reader could safely retire given a $96,000 guaranteed annual income and estimated shelter costs. A cautious draw of 3 percent adds $90,000, exceeding a conservative spend range.
Activist investor Starboard Value LP urged Staples and Office Depot to merge, claiming a combined company could save at least $2 billion and more than double operating profits. CEO Jeffrey Smith warned leadership change if Staples resists. FTC review looms amid antitrust concerns with online and big-box rivals.
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