Retirement Planning.
Employee Benefits Specialist.
Since 1974

Providing employee benefits and retirement planning throughout
Houston, Austin, San Antonio, Dallas, and surrounding communities.

Call Now for your Consultation 832-813-0500

Call Now for your Consultation 

Things To Consider

IRAs and 401(k)s

There is about $4.25 trillion in individual retirement accounts, but the facts are very few Americans contribute to IRAs and when they do, the amounts are small.

Only 14% of American households contributed to IRAs in 2006 according to the Investment Company Institute. You might think that this is not so bad considering a major part of the American working class are presumably saving for retirement using employer-sponsored plans, such as 401k, SEP, 403b and other tax qualified plans. The facts are that only 10% of Americans will stay faithful to their personal or employer sponsored retirement plan up to their retirement age due to layoffs and terminations. Most employees will not put in the maximum contribution amount- even if their employer offers a matching contribution!

Holt & Associates

There are nearly 100 million Americans between the ages of 21 to 64 working full time. But out of that number, just 60% (58.4 million) work for an employer that sponsors a retirement plan and only 52.7% ( 50.8 million) participate in a retirement plan.
That means about half of all working Americans do not participate in a retirement plan or do not have an employer sponsored plan in which they can participate.

It also means that a large number of Americans, 150 million out of 200 million are not saving for retirement at all.

Retirement Risks

According to the Society of Actuaries' Risks and Process Retirement Survey, about 50%-60% of retirees worry about three things: the cost of health care, the effect of inflation on their nest eggs and not being able to maintain a reasonable standard of living for the rest of their lives.

Tax-Free Retirement Plan

Need to provide for your family or business if you're not around? Want to accumulate a tax-free resource for retirement that's not controlled by qualified plan laws?