Bear markets can be nightmarish for retirees. Unlike their younger counterparts, retirees don’t have years to recover their losses. If they are forced to sell beaten-down stocks and mutual funds to pay the bills, they could inflict permanent damage on their portfolios, increasing the risk that they will outlive their savings.
That’s what happened during the Great Recession. Standard & Poor’s 500-stock index lost more than half of its value during the bear market of October 2007 to March 2009, and IRAs and 401(k) plans lost about $2.4 trillion in value just during the final two quarters of 2008. Investors who rode out the downturn recouped their losses in the 11-year bull market, but seniors who took withdrawals before the stock market recovered were left with locked-in losses.
Attached is today’s COVID-19 Daily News Update issued by Hawaii State Department of Health.
There is a large amount of speculation regarding COVID-19, please rely on OFFICIAL sources for accurate information. We added a long term post on the maroon bar above titled “COVID-19 Information.” The post includes links to the Hawaii Department of Health, the CDC and the FEMA websites.
For many years, a F-86E Sabre static display greeted you as you entered the 154th Wing compound. The 199th Fighter Squadron flew Sabres from 1954-1958.
Many notiable fighter pilots began their flying careers during the Sabre era. Among these pilots were:
James Ashford, Jarret “Deke” Carr, George Duncan, Paul “Aimoku” Duvauchelle, Padraic “Paddy” Evans, Tai “Mynah” Hong, Kurt Johnson, Richie “Kuni” Kunichika, Marlin Little, David Lung, Robert Maguire, Harold Nagai, Edward Richardson, Melvin Souza, Melvin Yen
Most continued into the F-102 Delta Dagger era and provided leadership in the squadron, wing and higher.
Last fall, the Red River Valley Fighter Pilots Association asked its 3,400 members, all current or former military pilots, to respond to a survey about whether they had been diagnosed with cancer. The response was “astonishing,” a leader of the group said.
A total of 894 association members, known as “River Rats,” responded to the seven-question survey which asked, “Have you ever been diagnosed with cancer?” The results of the survey were shared exclusively with McClatchy.
James L. Copelan, 75, of Mililani, Hawai‘i, died in Mililani on Sunday, May 3, 2020. He was born in Honolulu, HI. Private services held.
This obituary is probably for James L. Copelan, a retiree who served in the 154th Consolidated Maintenance Squadron for many years as a member of the command staff. In civilian life, James retired from the United States Postal Service after a long career.
Since 2016, the Honolulu Star Advertiser has chosen not to list more than basic information in their obituaries. Unless the family buys a “family placed obituary”, there is no information about survivors, where the individual worked or where services are scheduled. More information in an earlier Retiree News post.
Off the Hawai‘i Air National Guard Facebook page
Hawai‘i Air National Guard and 15th Wing Active Duty Airmen from Joint Base Pearl Harbor-Hickam performed 3 separate flyovers throughout all major metropolitan areas throughout the Hawaiian Islands on May 14, 2020. The flyovers went over most of Hawai‘i’s major hospitals in a salute to all of those on the frontlines in the fight against COVID-19, as well as those staying at home to “flatten the curve of transmission” of the virus.
Some photographs and videos taken from these medical facilities
– The Queen’s Medical Center West O’ahu
– Pali Momi Medical Center
– Kaiser Permanente Hawaii
– Tripler Army Medical Center
– Straub Medical Center
– The Queen’s Medical Center-Punchbowl
– Kapiolani Medical Center for Women & Children
– Maui Health
– The Queen’s North Hawaii Community Hospital – they formed a heart
– Wilcox Health – “W” is for Wilcox
From the Frolic Hawaii website
Frolic writer Thomas Obungen posted the following article on the Frolic Hawaii website on March 12, 2020. It anticipated the opening of two food halls, three cocktail bars and more places in March. Of course, it was before the stay-at-home and social distancing restrictions that closed some eateries and limited others to takeout only.
We are posting this in anticipation of restrictions being eased in the coming days.
From the Air Force Times website
The Air Force said on Thursday that Lt. Gen. Kenneth Wilsbach has been nominated to receive his fourth star and be the next commander of Pacific Air Forces.
Wilsbach, who is now commander of the 7th Air Forces and deputy commander for U.S. Forces Korea, would succeed Gen. CQ Brown, who has been nominated to be the Air Force’s next chief of staff.
Off the 117th Mobile Public Affairs Detachment Facebook page
Members of the Hawaii National Guard, Maui Police Department and the Department of Transportation work together to disinfect select bus stop locations and clear bulk trash around those areas on the island of Maui in support of COVID-19 operations, Wailuku, Hawaii, May 1, 2020. HING members are postured on all neighboring islands to assist the state of Hawaii’s COVID-19 response.
More photographs by SFC Theresa Gualdarama
From the Joint Base Pearl Harbor-Hickam Facebook page
MWR Golf is back folks! Starting this weekend, we’ll be opening up most of the golf courses again to limited play with a few restrictions. Course opening times below:
Mamala Bay Golf Course: Open Friday-Sunday, 0630-1800 starting Friday May 15 (449-2304)
Navy-Marine Golf Course: Open 0630-1800, 7 days a week starting Monday May 18 (471-0142)
Ke‘aloha Par 3 Golf Course: Open 0630-1800, 7 days a week starting Monday May 18 (448-2318)
Barbers Point Golf Course: Closed – opening date TBD
– Tee time must be reserved. NO STAND BY
– Open to authorized patrons only. NO GUESTS
– Facemasks required inside all buildings. Social distancing for all areas
– Bring own supplies: water, clubs, pull carts, etc.
– Single-rider carts only (Except for household family members)
– Driving range and practice areas for Tee-Time holders only
– Dining services are for take out ONLY
– Reservations will be taken starting tomorrow (May 15)
Mahalo for your support. Play hard but play safe.
Armed Forces Day is celebrated on the third Saturday in May, and it is the day Americans celebrate their military. In 2020, it falls on Saturday, May 16.
Unlike Veterans Day (previously observed as Armistice Day-the end of World War I), which honors those who wore the cloth of our nation at war, and unlike Memorial Day, which honors those who died wearing the cloth of our nation at war, Armed Forces Day is the proper day to honor all of the men and women currently serving as well as those who have served and sacrificed to defend our freedom.
Attached is today’s COVID-19 Daily News Update issued by Hawaii State Department of Health.
There is a large amount of speculation regarding COVID-19, please rely on OFFICIAL sources for accurate information. We added a long term post on the maroon bar above titled “COVID-19 Information.” The post includes links to the Hawaii Department of Health, the CDC and the FEMA websites.
Retiree News 