Jamie Hilton, managing director at The Hilton Group at UBS, reiterates the importance of discovering one's true cost of living BEFORE a business exit, including figuring out your personal budget and financial resources. In this episode, Jamie further defines the “wealth gap” in terms of what an owner needs to receive from the sale of their company to fill in the financial gap previously filled by their business. Also covered is the critical role tax planning plays before an exit; how to find purpose in life after selling; the "retirement honeymoon;" and the number one thing someone should do when contemplating life after a business exit.