Monday's Afternoon Update

What you need to know about Florida today

| 3/23/2015

Americans facing a rough road to retirement

American workers have been hearing dire warnings about the state of retirement for years, but what does this look like at kitchen tables across America? What does a comfortable retirement mean for Baby Boomers today? What about their kids? Read more from NBC News and see also:

» Florida ranks 39th in best states for retirement
» Which Is the Best State for Retirement?

Breaking depression's hold on entrepreneurs

Entrepreneurs are expected to be obsessed with building their companies. But that obsession can be isolating and for some startup founders, lead to depression, even when things are going well. More at the American City Business Journals.

Citrus world feeling squeezed

Editor's Column
Corrections Course

Today, Florida houses more than 100,000 inmates in 56 state prisons — 8% of all state prison inmates in the country. Another 60,000 inmates in Florida are in county jails.

The biggest problem is that the “corrections” system doesn’t do much correcting.

» Access full story

The big squeeze is on in citrus industry, and it isn't expected to lessen anytime soon. Florida growers have yielded far fewer oranges over the past decade due to citrus greening, resulting in less juice in the market and fewer dollars in their pockets. More at the Fort Myers News-Press.

Tourists Flocking to Cuba 'Before the Americans Come'

The rush is on to see Cuba now — before, as many predict, McDonald's claims a spot in Old Havana and Starbucks moves in on Cubita, the island's premium coffee brand. The sense that detente will unleash an invasion of Yankee tourists and change the unique character of one of the world's last remaining bastions of communism is shared by many travelers flocking here. More at the AP.

Small Business Advice
A succession plan is crucial for family businesses

Having a family business mandates you have a succession plan in place to ensure sustainability. Without one, chaos can reign when the founder passes away or is incapacitated, and too often, poor decisions are made. Read more from Jerry Osteryoung.

Out of the Box
Dockominiums

A parking spot for $3 million? That's what you'll pay for the largest superyacht dock at Harbour Twenty-Six in Fort Lauderdale, where 26 covered boat storage units are being sold like condominiums, each with a property title. Developers call the project "the only fully covered dockominium megayacht marina in South Florida."