ST. LOUIS--(BUSINESS WIRE)--

Americans are experiencing a tug-of-war between their retirement savings goals and the stark realities of todays financial burdens. New research from Scottrade, Inc. found that while more than 60 percent of Americans recommend saving between 6 and 19 percent of their income annually for retirement, less than a third actually do. And on average, Americans reported spending 21 percent of their monthly income on mortgage and non-mortgage debt.

The survey, fielded in June, follows up on the trends Scottrade uncovered in its sixth annual American Retirement Study, which was fielded in January. Both surveys polled Americans about their perspectives on retirement and savings.

Americans are trying to balance their savings goals with everyday expenses, said Kristin Grupas, Scottrades assistant director of client education. Scottrades online trading tools and investment education can help self-directed traders and investors find opportunities to make saving and investing for retirement a reality.

While nearly all Americans in both surveys 93 percent in January and 92 percent in June reported taking some action to reduce the financial stress caused by this financial tug-of war, fewer were sticking to the money-saving efforts reported in January. In three key areas, Americans reverted to January 2011 levels:

While some Americans have deviated from their penny-pinching behaviors, 49 percent of the June respondents said they do not have any financial regrets from the first six months of the year. Of those who did report regret, the leading response (37 percent) was not saving enough money.

Despite their saving struggles, the majority of Americans surveyed in June (65 percent) reported managing their investments without the help of a broker or professional financial advisor. Of those, nearly half rated their confidence in their ability to plan for retirement as good or very good.

The combination of Scottrades in-person and online support, along with its easy-to-use trading tools empowers clients to execute the investing strategies they believe will get them closer to their retirement savings goals, Grupas said. While many Americans are struggling with this balance of paying bills versus saving for retirement, Scottrade can help them find the right solution for their own unique needs.

About the 2012 Scottrade American Retirement SurveySix-Month Follow-Up

The survey was commissioned by Scottrade and conducted online by Synovate. Fielded with a nationally representative sample of 1,000 respondents between June 7-11, 2012, the survey examined attitudes, behaviors and trends related to retirement. All participants were at least 18 years of age and were involved in making investment decisions in their households. Margin of error for the overall poll is +/- 3.1 percent at 95 percent confidence. This survey is a follow-up to Scottrades 2012 American Retirement Study, which for six consecutive years Scottrade has commissioned to gauge Americans current viewpoints about retirement and retirement investing.

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Scottrade Research Finds Americans Struggle to Save for Retirement

SARASOTA, Fla., Sept. 6, 2012 /PRNewswire/ --According to a recent report conducted by The American College, forty percent of small business owners have no retirement savings or pension plan in place. Furthermore, the study found that three-fourths of those owners have no written plan as to how they intend to fund their retirement.1

Small business owners know the value of a solid business plan. Unfortunately, too many of those entrepreneurs neglect to place the same effort in planning for their retirement. Business owners focus so much on growing and maintaining their business, that often their own retirement is put on the back burner.

"Business value can fluctuate significantly over the years, so it's important to have personal retirement savings outside of your business," says Dave Maraman, Florida President, M&I, a part of BMO Financial Group. "Additionally, should the unexpected arise, such as a major health issue or needing to sell the business sooner than expected, having a retirement nest egg is important."

Tina DiVito, Head of the BMO Retirement Institute, offers these tips for small business owners on how to effectively save for retirement:

As with any investment, you should consult with a tax advisor to determine what works best for your personal goals and financial situation.

"Although it's tempting to concentrate solely on investing in their business, small business owners owe it to themselves and their family to have personal retirement savings to help ensure a comfortable retirement," says DiVito.

To learn more about how to financially prepare for retirement, please visit: http://www.bmoharris.com/retirementinstitute

About BMO Harris Bank Based in Chicago, BMO Harris Bank N.A. provides a broad range of personal banking products and solutions through over 650 branches and approximately 1,350 ATMs in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Nevada, Arizona and Florida. BMO Harris Bank's commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the U.S. Deposit and loan products and services provided by BMO Harris Bank N.A. Member FDIC. BMO Harris Bank(SM) is a trade name used by BMO Harris Bank N.A. BMO Harris Bank is part of BMO Financial Group, a North American financial organization with 1,600 branches, and a retail deposit base of approximately $180 billion.

United States Department of Treasury Regulation Circular 230 requires that we notify you that this information is not intended to be tax or legal advice. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. This information is being used to support the promotion or marketing of the planning strategies discussed herein. BMO Harris Bank, a part of BMO Financial Group and its affiliates do not provide legal advice to clients. You should review your particular circumstances with your independent legal and tax advisors.

About the BMO Retirement InstituteThe BMO Retirement Institute, a part of BMO Financial Group,was established in 2008 in Canada to provide thought-provoking insight and financial strategies for individuals planning for, or currently in, their retirement years.

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Is Your Retirement Plan As Strong As Your Business Plan?

LEAWOOD, Kan., Sept 6, 2012 /PRNewswire/ --According to a recent report conducted by The American College, forty percent of small business owners have no retirement savings or pension plan in place. Furthermore, the study found that three-fourths of those owners have no written plan as to how they intend to fund their retirement.1

Small business owners know the value of a solid business plan. Unfortunately, too many of those entrepreneurs neglect to place the same effort in planning for their retirement. Business owners focus so much on growing and maintaining their business, that often their own retirement is put on the back burner.

"It's important to have personal retirement savings outside of your business because the value of that business can fluctuate significantly over the years," says Brad Smith, Kansas City President, M&I, a part of BMO Financial Group. "Additionally, having a retirement nest egg is important should the unexpected arise, such as a major health issue or needing to sell the business sooner than expected."

Tina DiVito, Head of the BMO Retirement Institute, offers these tips for small business owners on how to effectively save for retirement:

As with any investment, you should consult with a tax advisor to determine what works best for your personal goals and financial situation.

"Although it's tempting to concentrate solely on investing in their business, small business owners owe it to themselves and their family to have personal retirement savings to help ensure a comfortable retirement," says DiVito.

To learn more about how to financially prepare for retirement, please visit: http://www.bmoharris.com/retirementinstitute

About BMO Harris Bank

Based in Chicago, BMO Harris Bank N.A. provides a broad range of personal banking products and solutions through over 650 branches and approximately 1,350 ATMs in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Nevada, Arizona and Florida. BMO Harris Bank's commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the U.S. Deposit and loan products and services provided by BMO Harris Bank N.A. Member FDIC. BMO Harris BankSM is a trade name used by BMO Harris Bank N.A. BMO Harris Bank is part of BMO Financial Group, a North American financial organization with 1,600 branches, and a retail deposit base of approximately $180 billion.

United States Department of Treasury Regulation Circular 230 requires that we notify you that this information is not intended to be tax or legal advice. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. This information is being used to support the promotion or marketing of the planning strategies discussed herein. BMO Harris Bank, a part of BMO Financial Group and its affiliates do not provide legal advice to clients. You should review your particular circumstances with your independent legal and tax advisors.

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Move Retirement Planning Off The Back Burner

MINNEAPOLIS and ST. PAUL, Minn., Sept. 6, 2012 /PRNewswire/ -- According to a recent report conducted by The American College, forty percent of small business owners have no retirement savings or pension plan in place. Furthermore, the study found that three-fourths of those owners have no written plan as to how they intend to fund their retirement.1

Small business owners know the value of a solid business plan. Unfortunately, too many of those entrepreneurs neglect to place the same effort in planning for their retirement. Business owners focus so much on growing and maintaining their business, that often their own retirement is put on the back burner.

"It's important to have personal retirement savings outside of your business because the value of that business can fluctuate significantly over the years," says Steve Weitz, Business Banking Manager Minnesota Region for M&I, a part of BMO Financial Group. "Additionally, having a retirement nest egg is important should the unexpected arise, such as a major health issue or needing to sell the business sooner than expected."

Tina DiVito, Head of the BMO Retirement Institute, offers these tips for small business owners on how to effectively save for retirement:

As with any investment, you should consult with a tax advisor to determine what works best for your personal goals and financial situation.

"Although it's tempting to concentrate solely on investing in their business, small business owners owe it to themselves and their family to have personal retirement savings to help ensure a comfortable retirement," says DiVito.

To learn more about how to financially prepare for retirement, please visit: http://www.bmoharris.com/retirementinstitute

About BMO Harris Bank

Based in Chicago, BMO Harris Bank N.A. provides a broad range of personal banking products and solutions through over 650 branches and approximately 1,350 ATMs in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Nevada, Arizona and Florida. BMO Harris Bank's commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the U.S. Deposit and loan products and services provided by BMO Harris Bank N.A. Member FDIC. BMO Harris BankSM is a trade name used by BMO Harris Bank N.A. BMO Harris Bank is part of BMO Financial Group, a North American financial organization with 1,600 branches, and a retail deposit base of approximately $180 billion.

United States Department of Treasury Regulation Circular 230 requires that we notify you that this information is not intended to be tax or legal advice. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. This information is being used to support the promotion or marketing of the planning strategies discussed herein. BMO Harris Bank, a part of BMO Financial Group and its affiliates do not provide legal advice to clients. You should review your particular circumstances with your independent legal and tax advisors.

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Retirement Plan Just As Important As Business Plan

ST.LOUIS, Sept. 6, 2012 /PRNewswire/ -- According to a recent report conducted by The American College, forty percent of small business owners have no retirement savings or pension plan in place. Furthermore, the study found that three-fourths of those owners have no written plan as to how they intend to fund their retirement.1

Small business owners know the value of a solid business plan. Unfortunately, too many of those entrepreneurs neglect to place the same effort in planning for their retirement. Business owners focus so much on growing and maintaining their business, that often their own retirement is put on the back burner.

"It's important to have personal retirement savings outside of your business because the value of that business can fluctuate significantly over the years," says Susan Kalist, Senior Vice President, M&I a part of BMO Financial Group. "Additionally, having a retirement nest egg is important should the unexpected arise, such as a major health issue or needing to sell the business sooner than expected."

Tina DiVito, Head of the BMO Retirement Institute, offers these tips for small business owners on how to effectively save for retirement:

As with any investment, you should consult with a tax advisor to determine what works best for your personal goals and financial situation.

"Although it's tempting to concentrate solely on investing in their business, small business owners owe it to themselves and their family to have personal retirement savings to help ensure a comfortable retirement," says DiVito.

To learn more about how to financially prepare for retirement, please visit: http://www.bmoharris.com/retirementinstitute

About BMO Harris Bank Based in Chicago, BMO Harris Bank N.A. provides a broad range of personal banking products and solutions through over 650 branches and approximately 1,350 ATMs in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Nevada, Arizona and Florida. BMO Harris Bank's commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the U.S. Deposit and loan products and services provided by BMO Harris Bank N.A. Member FDIC. BMO Harris BankSM is a trade name used by BMO Harris Bank N.A. BMO Harris Bank is part of BMO Financial Group, a North American financial organization with 1,600 branches, and a retail deposit base of approximately $180 billion.

United States Department of Treasury Regulation Circular 230 requires that we notify you that this information is not intended to be tax or legal advice. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. This information is being used to support the promotion or marketing of the planning strategies discussed herein. BMO Harris Bank, a part of BMO Financial Group and its affiliates do not provide legal advice to clients. You should review your particular circumstances with your independent legal and tax advisors.

About the BMO Retirement InstituteThe BMO Retirement Institute, a part of BMO Financial Group, was established in 2008 in Canada to provide thought-provoking insight and financial strategies for individuals planning for, or currently in, their retirement years.

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Retirement Wake Up Call For Business Owners

By Timothy Green - September 6, 2012 | Tickers: CSCO | 0 Comments

Timothy is a member of The Motley Fool Blog Network -- entries represent the personal opinions of our bloggers and are not formally edited.

What does it mean to buy stock? Are you simply buying a number, hoping that number will rise so that you can then sell that number to someone else? Some people view the stock market in this way, as a randomly fluctuating collection of numbers, where profit is acheived only by finding patterns or by guessing correctly. This view is admittedly more exciting than what the stock market really is: a place where you can buy pieces of companies. So before I buy a stock, this is the question that I ask:

This is ultimately what matters. I treat buying shares of a company exactly the same as buying the whole company. I don't care about the past performance of the stock because it doesn't matter. The most common mistake that people make is to buy stocks that have performed well in the past. Imagine that you own a car wash and, after all expenses, you pull in $100,000 in profit each year. A man comes in every day and offers to buy your car wash, sometimes for $200,000, sometimes for $2,000,000, and sometimes for amounts in between. The value of the car wash is unrelated to these offers. The value of the car wash depends on how much profit can be extracted from it. Stocks are exactly the same.

The Price to Earnings (P/E) ratio, which is widely used to judge the cheapness of a stock, is supposedto tell you how much the company is selling for relative to it's profits. There are two big problems with this.

To solve these issues, I like to look at a different ratio. I call it the Owner's Ratio. The numerator, instead of simply the stock price, is the total cost of buying the company. This is the sum of the market capitalization and all debt and debt-like obligations that must be paid off. The denominator is trickier. Free cash flow (FCF) is widely used as an alternative to earnings, but even this is not perfect. Instead, I like to look at Owner Earnings, described by Warren Buffett as follows:

Owner earnings tells us, on average, how much cash can be pulled from the business each year. The Owner's Ratio is simply the total cost of the company divided by the owner earnings.

Using this metric, I will look Cisco (NASDAQ: CSCO) and determine it's true profitability.

Cisco

Cisco is the leader in networking equipment, maintaining a dominant market share in its core businesses. Cisco's stock collapsed after the dot-com crash of 2000, and has since been largely flat.

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How To Think About Buying Stocks

Getting yourself on sound financial footing is a lot like building a successful business. It can be a decades-long enterprise requiring planning, skill, patience and a little bit of luck. The proverbial millionaire next door is an overnight success 20 years in the making. Considering the long road ahead, you have every reason to get started today.

Have a PlanFinancial security won't happen by accident, and it won't happen overnight. Just as businesses have quarterly goals, annual revenue targets and five-year business plans, you need to approach your life with a long-term strategy made up of a series of short-term actions and goals. Success rarely happens at random. You need to have a plan.

Invest in YourselfWhen businesses want to grow, they invest in themselves. The same logic applies to individuals. Before you even begin your career, an investment in education can provide an opportunity to increase your potential lifetime earnings. Going to college or a trade school can provide knowledge and credentials that make you a more attractive and higher-paid part of the workforce.

If circumstances or personal interests do make education an attractive option for you, consider starting a business. Entrepreneurs from all walks of life have started successful enterprises. Working for yourself can bring more satisfaction, more money and greater control over your job stability than working for somebody else.

Keep in mind that investing in yourself is not a one-time effort. Think of it from a business perspective. Investments in research and technology, infrastructure and physical plants are an ongoing part of the business. Keeping up with the times and the competition is part of the process of maintaining a successful business and a crucial part of building and growing the business to take it to the next level. Looking at the situation from a personal perspective, if you have a bachelor's degree going back to school at mid-career can provide a boost to your credentials and help you keep pace with the competition. If you have a trade, continuing your education can open up new opportunities.

Regardless of your profession, adding a new skill or designation can increase your revenue generating opportunities. If you run a business, opening up a new sideline can increase your opportunities in the marketplace. If you don't own a business, moonlighting at mid-career can provide a second source of income that serves as a backup to your primary career.

Learning new skills is an investment that should continue over the course of your lifetime. Expand your interests. Keep an eye out for opportunity. You can continue to build your skill set even during retirement. A second career is not only often more fulfilling than the first one, but it can set up a revenue stream that truly makes your golden years golden. Even if you've been tremendously successful and no longer need to work, you can continue to invest in yourself by building your knowledge base. Learning about your investment portfolio, for example, can be an interesting and lucrative opportunity. In an age marked by scandal, there's no better motto than "trust but verify."

Get out of DebtDebt management is a critical exercise for every successful business, and there's a reason for the saying "cash is king." Be different. Buck the trend. Don't rack up debt in the typical consumer fashion. The cost of an education and a primary residence are generally beyond most people's ability to pay for in cash. Beyond that, if you can't pay cash don't make the purchase. As far as education and the home, pay off the education before you buy the home.

As for the home, don't stretch your budget. Buy what you can easily afford and pay it off as quickly as possible. Forget the advice about good debt and bad debt. All debt is bad. There's a long list of financially strapped investors who had supposedly great and fool-proof ideas about going into debt to put the money to work in investments that would earn a greater rate of return than the cost of the interest rate to service the debt.

If you are an entrepreneur, debt may be a necessary tool. Putting your money in to an appreciating asset is different than using debt to fund a new car, vacation or wardrobe. Paying interest on consumer goods is simply a waste of money and undermines your financial foundation. Investing in your business is a way to increase your potential revenue.

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A 5-Point Plan To Financial Success

MINNEAPOLIS, MN, Sept. 6, 2012 /PRNewswire/ - Inolex, a leader in the development of innovative ingredients for the personal care and cosmetics industries has launched a new range of 100% natural and sustainable emollients, using bio-based succinic acid from BioAmber. These succinate emollients have the highly appealing and differentiated sensory feel of silicone fluids, including feeling silky, powdery, light, dry and non-greasy to the touch. This sensory experience meets the modern consumer's hygiene and beauty needs, giving the clean, dry and natural feeling consumers want from their personal care routine.

The market for personal care esters is valued at over $500 million. The new succinate emollients are highly-versatile because of their sensory properties and outstanding ability to disperse pigments. These fluids can be used in skin care, hair care, color and antiperspirant products to provide shine and a light fast-drying emolliency. These emollients are suitable as alternatives to silicone fluids for improving skin-feel, as well as enhancing shine and texture in hair care products. In natural formulations, they can be used to reduce the greasiness of natural oils.

Inolex are commercializing a range of succinate technologies as natural silicone alternatives; the LexFeel N range of fluids feel like silicones, yet unlike silicones, they are 100% natural, readily-biodegradable, non-GMO, eco-certified and sustainable.

Daniel Winn, Business Director, Inolex says, "The new range of biosuccinic acid-based fluids offers an unprecedented opportunity to provide the benefits of silicones in an all-natural format with a sensory experience that is a close match to the modern consumer's hygiene and beauty needs.

Babette Pettersen, SVP Marketing & Sales, BioAmber says, "These emollients demonstrate the versatility of biobased succinic acid in providing performance solutions for a range of personal care applications. Our partnership with Inolex illustrates the benefits of joint application development work to create innovative new products, combining BioAmber's expertise and commercial capability in biosuccinic acid and Inolex's expertise and market access in the personal care market."

For Technical Information and Samples: cosmeticinfo@inolex.com

About Inolex

Inolex is one of the world's leading independent personal care ingredient companies. They are known for their market-based approach, providing ingredients that tackle the greatest formulation challenges and consumer needs. Inolex's more recent creations have included preservative-free technology, natural ingredients as alternatives to traditional chemicals, and high performance excipients that enable optimal formulation of suncare products. Inolex offers customers formulation expertise, market-ready systems, and jointly developed solutions that bring optimal benefits to the cosmetic consumer. For more information, visit http://www.inolex.com.

About BioAmber Inc.

BioAmber is a next generation chemicals company. Its proprietary technology platform combines industrial biotechnology and chemical catalysis to convert renewable feedstock into chemicals for use in a wide variety of everyday products including plastics, nylons, food additives and personal care products. For more information visit the company's website at http://www.bio-amber.com.

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Inolex Launches New, Natural Emollients for Personal Care Made with BioAmber Succinic Acid

HERNDON, Va.and GREENSBORO, N.C., Sept.6, 2012 /PRNewswire/ --K12 Inc., the nation's leading provider of proprietary curricula and online education programs for students in kindergarten through high school, and VISNET, an online learning and professional development consortium supported by independent school associations, today announced they have expanded access to a broader suite of online learning options to independent schools in Florida, North Carolina, South Carolina, and Virginia.

(Logo: http://photos.prnewswire.com/prnh/20110113/PH29436LOGO )

VISNET, the Virtual Independent School Network, provides its member schools with access to top quality online resources, such as online courses, blended learning content, learning management systems, and academic support, as well as professional development opportunities. As part of its suite of online offerings, VISNET makes available to its schools K12's award-winning online catalog, the most extensive in the K-12 industry, including full-time online programs, credit recovery, coreK-12 courses, world languages, AP, and high school electives.

Last year, VISNET served more than 50 independent schools in North Carolina, with over 1,800 enrollments in online and blended course options. For the 2012-2013 school year, VISNET is expanding its services to meet the growing needs of independent schools in three additional states. In addition, VISNET has enhanced its online course offering in all four states with Middlebury Interactive Languages, a joint venture that combines Middlebury College's proven language pedagogy with K12's expertise in online learning. Member schools benefit from a selection of robust online offerings that have been vetted by the VISNET staff of experienced independent school educators, as well as program development and other support.

"Technology has taken away the boundaries of time and space and given our schools the capacity to customize and personalize instruction like never before. It's time to rethink independent education and VISNET is here to help. Our resources, tools, and training can give schools, and more importantly, students a competitive advantage in today's world," said Linda S. Nelson, Executive Director of the North Carolina Association of Independent Schools. "We are very pleased to offer proven, thoroughly researched curricula from K12 as a key part of our resource offering."

"VISNET is providing independent schools a highly valuable service by making resources, tools and support for online learning programs easily accessible, in a cost-efficient way," said John Olsen, Executive Vice President of Operations for K12. "VISNET's rigorous vetting process ensures that schools can tap into the highest quality online learning resources available to help them meet the needs of more of their students."

Through VISNET, independent schools can access the following K12 curricula:

K12 provides schools and districts the industry's most complete continuum of proprietary kindergarten through high school online learning solutions for full-time virtual, blended, and traditional classroom learning environments. Over the past decade, the company has served more than 2,000 districts and delivered over 4 million online course enrollments from its award-winning portfolio. MDR's market research service EdNET Insight recently reported that K12 is the leading provider of online curriculum to school districts across the United States.

About VISNET

The Virtual Independent School Network (VISNET) is an online learning consortium supported by independent school associations designed to provide member schools with affordable online learning options, digital content, instructional tools, and professional development opportunities to support innovative teaching and learning. Developed by independent school leaders in reaction to market demands, VISNET offers comprehensive array online learning opportunities. For more information about VISNET and information about offerings and partners, please visit: http://www.vis-network.org

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VISNET and K12 Inc. Expand Access to Online Learning Curricula, Tools, and Support to Independent Schools across Four ...

BLOOMINGTON Indiana University will invest $8 million over the next three years to help develop online courses at its eight statewide campuses and extend the school's global reach through online technologies.

The IU Online education initiative will build on IU's 15 years of experience in online education by creating undergraduate and graduate degree programs, providing online options for high enrollment undergraduate courses and exploring new education methods, officials said Wednesday.

IU's new Office of Online Education will oversee and coordinate all of the university's online activities, which IU President Michael A. McRobbie said will result in "a major expansion" of the university's online education programs by tapping into new technologies that are reshaping higher education.

"We will bring the same energy, enthusiasm and commitment to IU Online as we devote to on-campus education," McRobbie said.

The $8 million will be used to hire additional designers and technicians, expand computer systems and fund an Office of Online Education. Money also will go to academic units on all campuses to develop online programs.

Part of IU's new push will include developing programs that can help Indiana boost its workforce and reduce the time it takes students to complete degrees. IU's regional campuses will jointly develop and deliver undergraduate degree programs, particularly those oriented toward workforce development.

Online graduate degree and certificate programs will be offered primarily by IU's Bloomington and Indianapolis campuses through programs promoting their distinctive academic strengths.

By fall 2013, IU officials expect to increase online undergraduate degree and certificate programs in areas such as business, technology and the liberal arts and sciences.

At the graduate program level, every IU professional school has developed, or will begin developing, at least one online degree or certificate by fall 2013. The university also expects to offer several new online courses by summer 2013 for undergraduates or high school students.

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Indiana University unveils $8 million plan to expand online education