Merrill Lynch Wealth Management

As a business owner, you may face the challenge of balancing your business's needs with your individual retirement planning needs. Figuring out the best way to prepare for a fulfilling retirement requires thoughtful planning and consideration of your needs as an individual and as a business owner. You also may have employees whose needs you want to consider.

Studies conducted among business owners and employees to better understand their retirement aspirations and preparedness have found:

• 68% of employees are stressed they will outlive their retirement savings.
• More than 7 in 10 workers in small firms rely on their employer as their household's primary source of health, life and disability insurance, and retirement savings.
• 88% of workers surveyed view a 401(k) or similar plan as an important benefit.

Implementing a business retirement plan most appropriate for your needs and the needs of your employees can help you prepare for and achieve a more secure retirement.