Saving for retirement
I was reading an article in one of the trade mags about saving for retirement and how few of us do this. Our sales are around $240K a year and I'm able to save after all my personal bills and business expenses about $10000 - $12000 of that each year for retirement. I'm wondering if this is a reasonable amount or if it seems like the business isn't performing as well as it should be. We have two full timers and my wife and I run the operation together.
I just don't know if we could do any better working for someone else in another field. What do you all thinks? Any input would be greatly appreciated!