Plan For the Retirement You Want | EP 044

After you've utilized your business as a vehicle to generate wealth, it's time to plan for a pension. What does this mean for your business? You need to take into consideration several factors when you are planning for a pension and the different options that are available to you.

Let's discuss pension planning for business owners who have generated wealth through your business. 

Topics discussed in this episode:

• After accumulating wealth through a business, plan for how that wealth will fund retirement.
• There are many variables, like life expectancy and future financial needs, that can complicate pension planning.
• Consider pensions outside of your business, and how to strategically draw from these funds.
•  Avoid tax penalties and maximize retirement income. 
• Have a clear exit strategy and determine your retirement timeline.
• Plan for the retirement you want. 

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