How to Invest for Your Retirement as a Business Owner

by / ⠀Entrepreneurship / January 25, 2021
There's no right or wrong approach to business exit strategies or even to your retirement planning. Everyone will have different goals.

Many entrepreneurs start their businesses because they genuinely like what they’re doing. But even if that’s the case, eventually, you’ll need to think about retirement planning. You can’t keep working forever; at some point, you’ll want to take things easy (and hopefully have enough money to live comfortably). With Social Security running out of money, and no higher-up employer to provide you with retirement benefits directly, it’s all…

At What Age Should You Start Contributing To Your 401K?

by / ⠀Personal Finance / December 29, 2013

No matter which country you live in, planning for retirement is essential. When you live in the US, that means making plans for your 401k. However, the following guidelines are helpful no matter where you live (with a few adjustments, of course). So, when should you start making contributions to your retirement fund? How much do you need? When you’re young, retirement is conveniently far away. You think…

Earn an Extra 500k: Why that Tax Refund Might Save Your Retirement

by / ⠀Startup Advice / June 23, 2012

Your 2011 tax refund from Uncle Sam may have recently shown up in the mail or, more likely, directly in your bank account. Time for a vacation or that new gadget? Though it’s tempting to use your refund for lots of different things, look at it this way: That refund could actually be the meal ticket to a secure retirement – something, frankly, many young entrepreneurs today aren’t…