Bottom Line Header

December 28, 2007

Dear Friends:

Last week at an office Christmas lunch I was talking about New Year’s resolutions with one of my employees. He had the standard ones on becoming healthier and spending more time with loved ones, but the one we talked about longest was the need to save more, not only for his retirement but also for his bright young son’s college education.

With more stories about dwindling pension funds or troubled investment pools, employers are having to pay more and more attention to helping their employees invest for their future. After the New Year, we will be hosting a benefits fair for our employees with information on retirement planning, college investing, saving for health care expenditures and more. Many people do not know where to turn for that kind of investment advice, and the New Year is always a great time to renew that commitment.

So just in case saving for your early retirement or your kids’ education is back on your resolution list, here are some useful sites to help you plan:

  • This site was built by the U.S. Financial Literacy and Education Commission and has useful calculators, templates for retirement planning and links to useful information from the IRS and Social Security Administration. It also has important links for small businesses that want to establish retirement plans.

  • AARP Financial Planning and Retirement. This site has useful calculators that help you make predictions based on your age, your assets, your desired retirement age and more. It has recommendations on saving strategies and spending strategies.

  • Moneychimp. This site is for more sophisticated investors with lessons on reading Annual Reports and a primer on economic indicators.

  • Choose to Save. This site was created by the Employee Benefit Research Institute and includes both a simple method of calculating savings needed for retirement and a more complex analysis for developing a complete plan.

For more sophisticated investors, there are countless websites offered by everyone from investment magazines to investment firms. Many companies have a retirement plan coordinator who will offer employees investment advice for an additional fee.

This year, I hope you’ll join me in sticking to those resolutions and in helping your employees plan for their future. Thank you for a great 2007, and best wishes for a happy and productive 2008!

Secretary Benson Signature
Holly Benson

Department of Business and
Professional Regulation

1940 North Monroe Street
Tallahassee, Florida 32399
Customer Contact Center:

Board Schedule header

Here is a schedule of next week’s professional board meetings. For full meeting details, we’ve included a link
below to the department’s online calendar.

There are no board meetings scheduled this week.

To download a free copy, visit:

financial planning websites

If saving more money for the future is one of your New Year's resolutions there are several useful websites that can help you plan.

Click here <> to sign up for our FREE weekly newsletter: THE BOTTOM LINE