Bert & Kevin - “Survival Mode”
IBGR.Network - PROFIT Radio. Everything a business owner needs to start, grow or exit a business. GROW WITH US.
- Most of us don’t think about planning for our later years because there is too much to think about right now.
Show Objectives - The Why
I’m working hard at building my business. Why do I need to think about retirement?
Key Issues - Owner Perspective:
In our experience, most people don’t seriously consider retirement until age 50. We are building our lives and our businesses or careers, raising a family, maintaining a home, and so much more. Who has time to think about it, and who cares until all these other things are under control? Acknowledge that life is constantly moving and retirement may be inevitable. What happens if you are forced to retire early due to illness, or accident? Preparing for the future because the future may come sooner than you think!
What You Need to Know - The What
People don’t start to take retirement seriously until they reach age 50
Planning for retirement take money that I need NOW
Most people let their employer do retirement planning for them. If they own a business, they typically don’t plan at all.
Many business owner don’t think about an “exit strategy”
What You Need to Do - The How
Seriously think about retirement early
Work retirement into your monthly budget
Learn about the possible tax advantages to setting up your own retirement account
Start putting money away NOW!
You can connect with Bert or Kevin at firstname.lastname@example.org
Our weekly podcast can be found on YouTube at https://www.youtube.com/channel/UCsGA2egb0ZepGfxnF3DtpLA
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All IBGR Shows Notes are available for download