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July 24, 2011
Best Retirement Plans for Small Business Owners

Small and medium business owners usually have too many thin on their radar and retirement planning tend to take a back seat. In the end most small and mid-size business owners don't save enough for retirement.

According to Small Business Administration (SBA), only 36% of small business owners have an active IRA and only 30% participant actively contribute to it. Another twenty percent participate in 401(k) plans. This leaves almost 50% of small and mid-size business owners with no serious plan for retirement.

Small and medium business owners usually have too many thin on their radar and retirement planning tend to take a back seat. In the end most small and mid-size business owners don't save enough for retirement.

According to Small Business Administration (SBA), only 36% of small business owners have an active IRA and only 30% participant actively contribute to it. Another twenty percent participate in 401(k) plans. This leaves almost 50% of small and mid-size business owners with no serious plan for retirement.

March 14, 2011
Family Income and Household Expenditure Patterns

Consumer household expenditure varies by the income group. Spending patterns also differ by age of household and work status. For example older workers allocate more to retirement, pension, and Social Security funds. US Department of Labor collects household expenditure data based on the income level. We have used two income groups (high - annual income - US$90,469 and medium - annual income US$39,100) to discuss expenditure patterns.

Consumer household expenditure varies by the income group. Spending patterns also differ by age of household and work status. For example older workers allocate more to retirement, pension, and Social Security funds. US Department of Labor collects household expenditure data based on the income level. We have used two income groups (high - annual income - US$90,469 and medium - annual income US$39,100) to discuss expenditure patterns.

February 25, 2011
Fixed Income Strategies

Your investment strategy should be driven by multiple factors, each of which deserve a careful thought. Personal goals, investment objectives, and the ability to assume risks are essential deliberations in constructing a sound investment strategy. Fixed income strategies may not sound appealing to most young people and one of the main reasons is the lack of education and/or information on fixed income securities and investments.

Fixed-income investments are securities that provide regular interest or dividend payments and, in many cases, a return of principal at maturity. Their primary objective is income with limited, if any, growth potential. Remember, the rate of return on a fixed-income investment can be fixed throughout its holding period (e.g., bonds) or can fluctuate with the general movement of interest rates (e.g., Series EE U.S. savings bonds and money market mutual funds). A good example of a variable interest rate is the money market account that you may have.

January 20, 2011
Retirement Planning Guide

Most people don't think beyond 401(k) plans when it comes to retirement. Remember, 401(k) is an important piece of retirement puzzle but there is lot more to it.

Millions of babyboomers are getting ready to retire and a large number of them have good reasons to be very nervous. Remember, social security is no longer a bullet proof system as it used to be and if congress doesn't make some radical changes to social security system,it will go bankrupt by 2042. With the low personal saving rate in out country, there are not many options for people in retirement who don't have a adequate nest egg.