Back in late 1980, most American businesses decided to make a fundamental change in who was responsible for taking care of your individual retirement. The switch was from a defined benefit form of retirement for workers and their executives, to a defined contribution system. This switch caused … [Read more...]
Do I Really Want to Work to 90
Many boomers are rethinking their retirement plans. A June 11th report from the Federal Reserve, reported that average net worth fell 40% between 2007 and 2010. Changing retirement plans is not as bad as it sounds, and this is what a small business owner client of mine found out. Marion Speidel … [Read more...]
