November 21, 2012 — Certified Financial Planner™ professional Bryan Beatty, CFP®, a partner at the Northern Virginia firm Egan, Berger & Weiner, LLC, stars in this segment on News Channel 8’s “Let’s Talk Live” show.
In this episode, Bryan Beatty explains:
* If you are self-employed, is there something special you need to do to save for retirement—especially in a way that offers tax advantages?
* Whether you are self-employed or not, exactly how easy or difficult is it to set up or maintain a retirement plan?
* What is the difference between a traditional IRA and a Roth IRA? And are there any other retirement plans that self-employed people should be aware of?
* Exactly how much does the average person really need to save for retirement?