Things To Do In SW Florida

The University of Central Florida announced on Thursday that AdventHealth and Orlando Health are contributing a combined $10 million to help construct a new $70 million building for UCF’s College of Nursing in Lake Nona in order to address Florida’s nursing shortage.

The $10 million contribution is the latest development in UCF’s longstanding partnerships with the two healthcare organizations, which are the first members of UCF’s new Pegasus Partners program.

The program allows member organizations to engage with UCF in ways that include talent development and recruitment, shared research projects, joint ventures and collaborations and strategic philanthropy.

The new building will allow the College of Nursing to accept more qualified applicants than it is currently able to. Mary Lou Sole, the Dean of the College of Nursing, says 45% of qualified applicants were turned away for the Fall 2022 semester.

Sole says the rate of applicants has not gone down despite the nursing shortage. She says the shortage is in part due to Florida’s unique demographic situation. read more

Holly D. Johnson | Bankrate.com (TNS)

If you’re trying to decide between a student credit card and a secured credit card, you should know these card products are similar but not exactly the same. Where student credit cards are unsecured cards that don’t require a cash deposit as collateral, secured credit cards require a minimum deposit (usually $49 to $200) to begin building credit with a card you can use for purchases.

That said, secured credit cards come with one benefit that makes them a better choice for a variety of people; They are easiest to get approved for among all types of credit cards available today. Read on to learn more about the secured vs. student credit card debate, the pros and cons of each type of credit card and how you can decide which one is best for you.

When to choose a student card

Student credit cards are for college students who want to earn rewards and build credit for the future. As such, many let students get approved with minimal credit history, and some offer approvals for applicants who don’t even have a credit score yet. read more

Women often don’t score as well as men in surveys of financial literacy. One area where we seem to do better is “longevity literacy,” or understanding how long we’re likely to live.

Longevity literacy is essential to smart retirement planning. Overestimate your longevity, and you could retire too late or scrimp too much. Underestimate it and you could run short of money.

In a recent TIAA Institute study, 43% of women correctly estimated the life expectancy of 60-year-old women in the U.S. (The right answer was 85.) Only 32% of men chose the correct answer for the life expectancy for 60-year-old men, which was 82. Men also were far more likely than women to underestimate life expectancy — and that’s a huge potential problem for both sexes.

A man who expects to die in his 70s might draw too much from retirement funds or start Social Security too early. That could leave him — and the spouse who may outlive him — with too little income later on.

“A lot of people do OK in their first 10 years or 15 years of retirement,” says actuary Steve Vernon, a former research scholar at the Stanford Center on Longevity. “It’s often in their late 70s and 80s that they started to struggle.” read more

Accounting

Erica Paal has joined the accounting firm, Felsing LLC, Winter Park. as bookkeeper.

Education

Lorie Coachman was promoted to associate vice president, admissions and enrollment services at Seminole State College.

Employment

Tadar Muhammad was appointed as chief operating officer at CareerSource Central Florida.

Law

Laura M. Stewart has joined ShuffieldLowman as an associate in the law firm’s Orlando office.

Other

Jennifer Burger was promoted to director of administrative operations at Orlando-based Massey Services.

Submit professional appointments, management-level promotions and significant awards for individuals, along with photos as .jpg attachments, to peopleonmove@orlandosentinel.com.