Archive for September, 2008

Government Provides Planning Calculator

Tuesday, September 30th, 2008

You’ll find a brand new retirement savings calculator, provided by the US government, free and available on the internet. It’s purpose is to assist users in making plans for retirement, and help them figure out exactly how much they will need to put aside. It will also allow them to make the best decisions possible [...]

What’s Up With Your Retirement Funds?

Tuesday, September 30th, 2008

It’s no secret that everybody’s retirement plan has taken a big hit recently - and I do mean EVERYBODY’S. Unless you’ve been living on the moon, with investments on some other planet, your IRA or 401K has probably lost a pretty significant percentage of it’s value in the last few weeks.
Nonetheless, I want to encourage [...]

Who Will Ultimately Benefit From Your Toil?

Saturday, September 27th, 2008

If you are a small business person, or a self-employed professional, this may be the last place you need to look for small business retirement planning advice and information.
I have one simple question for you. Whose future is being guaranteed by the work you and your business or practice are doing today? Yours and your [...]

If I quit my job what happens to the money I have been contributing to my SURS retirement plan?

Friday, September 26th, 2008

colonpaul asked: I work for a community College and we have to contribute to a retirement plan called SURS. I am planning on quitting but don’t know what happens to my money?Norma

Where do I start to learn about investments and retirement planning?

Tuesday, September 9th, 2008

KiyaJay asked: Is there a good website with explanations on terms such as mutual fund, bonds, equities…that also explains how to get started? I need help understanding person finance and investments. Any useful advice appreciated.
Personal finance, I meant!Eleanor

what options available to s-corp for retirement plans?

Tuesday, September 9th, 2008

belashah6 asked: can s-corp set up SEPIRA plan and 401(k) plan together.I heard that due to recent changes,they are allowed to contribute in both retirement plans.If yes, on what amt we suppose to pay social security tax and medicare tax as corporate and as an employee?…where can I find this info?Shane

retirement planning. is 1 mil reasonable?

Thursday, September 4th, 2008

K M asked: I subscribe to several financial magazines and the perennial topic is always retirement planning. Many pro’s suggest a $1 million savings for a couple to be fully prepared for retirement. I find this absurd. Assuming we retire at age 60-65, how could anyone possibly think that over the next [...]