As a business owner, one of your challenges is learning how to balance between reinvesting into the business and setting money aside for personal savings. Since there are no longer employer-sponsored pension plans and the knowledge that retirement will come eventually, it’s important to have a retirement plan in place.
We’ve put together an infographic checklist that can help you get started on this. We know this can be a difficult conversation so we’re here to help and provide guidance to help you achieve your retirement dreams. Consider the following:
- What are your Income Needs?
- What are your Debts?
- What are your Insurance Needs?
- What Government Benefits will you receive?
- What will be your source of Income?
- Do you have any Assets?
One other consideration that’s not included in the checklist is divorce. This can be an uncomfortable question, however divorce amongst adults ages 50 and over is on the rise and this can be financially devastating for both parties.
Contact Us about helping you get your retirement planning in order so your retirement dreams can be achieved.