Most Americans haven’t saved enough for retirement – are you among them? The ups and downs of entrepreneurship can make it hard to think long-term, but it’s pretty important to prepare for the future. Here are three different paths an entrepreneur can take when approaching retirement.
Highlights:
- Why “I’ll run my business forever” might not be a good idea (2:10)
- Three things you can do now to mitigate future risk (4:51)
- How to prepare for selling your business (9:25)
- Striking the balance between living well now and saving long-term (13:26)
- A useful tool for visualizing your retirement goals (18:04)
Links:
- Empire Flippers marketplace
- 7 things to consider when selling your business
- The cult of early retirement and the cult of entrepreneurship
- SSA.gov (see how much Social Security you can expect to receive)
- Personal Capital
