Best Business Commentary

Don't panic, even if you don't have a retirement plan, said AnnaMaria Andriotis in SmartMoney. Google’s corporate motto—“Don’t be evil”—is also good business advice, says Thomas Kostigen in MarketWatch.

Don’t panic, invest

If you don’t have a retirement plan, said AnnaMaria Andriotis in SmartMoney, “don’t panic.” If you employer doesn’t offer a 401(k), ask your boss to start one. Many small business owners “would be willing,” but have never been asked. If that doesn’t work, or you’re self-employed, invest on your own. Growth stocks without “tax-laden dividends” are a good first step. And contribute to an IRA -- tax-deferred or a Roth. Once you’ve maxed it out, consider variable annuities. The important thing is “not to put it off. The later you start, the harder it will be to rack up the savings you'll sorely need."

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