Business

It would be wonderful if your financial advisor, could hop into a time machine with you to see where you are in 10 or 20 years? When you return, you can figure out how to maximize your future to prepare for retirement.

Marisa Otto, the local Edward Jones financial advisor, is supporting the local Toys for Tots program by using her office as a drop-off location for this year's toy drive.

The Dress Planner will hold its grand opening Friday at 102 Cochrane Plaza, Morgan Hill. The Dress Planner, which is owned by Rosalina Moreno, Lupe Gonzalez and Shari Capalla, originated in San Jose as a dot com business. The business provides evening gowns, custom gowns for proms, quinceaneras and weddings and tuxedo rentals. Their philosophy "is to provide stellar customer service and quality fashions at affordable prices." The Dress Planner is open from 10 a.m. to 7 p.m. Details: 782-7755 or thedressplanner.com.

How confident are you about your retirement savings? That might seem like a difficult question to answer. Maybe a better question is – do you own your home? If your answer is no, you're not alone. Retirement-age homeowners are more likely than ever to carry mortgage debt. According to a USA Today analysis of census data, more than 28 percent of homeowners age 65 or older owe on their homes. That might not seem like an outrageous percentage, but when compared to about 21 percent in 1990 and about 19 percent in 1980, the trend is obvious.

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MORGAN HILL