A Simple IRA?

In my business there is no pension. Social security may not even be a priviledge when I’m about to retire, let alone my staff, so I started to look at various options.

My good friend, Adam Rude is a financial planner in Rockland County. I called him.

To be honest, I’m always fearful of financial planners after people I know had money stolen in a ponzi scheme.

But Adam I trust.  I know Adam since college.  He was my husband’s roommate and best friend. So I felt comfortable going through him to set up this important benefit that I decided to give my employees.

“This is a very adult thing to do,” Adam told my staff in a staff meeting when he explained how the program works. “No matter what your age, you should think about retirement.”

A very adult thing to do?  I remember the first adult thing I did was buy a couch.  The next adult thing was a car and after that, I had a baby.  And now, a simple IRA… Is it that simple?