Starting a Plan for Home Business Retirement

I’ve written before about how I don’t really see myself “retiring” in the traditional sense of the word. I really can’t picture ever being in a place where I can just stop working all together. But, I have talked to some small and home business owners who are not planning for retirement because they think they WON’T be able to. Just because you are building and running your home business, doesn’t mean that you can’t be planning for a comfortable retirement too. The first step is to see a financial or retirement planner to help set up a strategy. You … Continue reading

New Year’s Resolutions: Retirement Goals

Saving for retirement may be at the top of your New Year’s resolutions as far as money is concerned. You may have started saving a little bit, or you may be saving only what your employer forces you to. You may want to start becoming more aggressive, or looking for ways to up what you are putting in your retirement without really affecting your budget. Here are five options to easily increase your savings for retirement. 1) When you receive a pay increase this year, simply increase your retirement contribution by the same amount. Your paycheck should not change, since … Continue reading

Types of Retirement Accounts

If you have thought about retirement savings you know that there are many options available to you. You may have a 401K, an IRA or a 403b. You may want to have additional money set aside for retirement besides what you have in these accounts. The way you invest the money in these accounts may affect your rate of return, and how much money you have available to you when you retire. Some banks will offer IRAs that are Certificates of Deposit (CDs). While others will allow you to choose what types of funds you put your money in. Your … Continue reading