Owning a business can be one of the best wealth-building opportunities, but it also comes with unique challenges, especially when it's time to think about retirement. Too many business owners assume their company alone will carry them through, but as Craig and Jennifer explain, that's often a dangerous misconception. In this episode, they share common myths business owners believe and the risks of relying solely on a business for future security.

They discuss why saving outside your business matters, how to think about retirement plans like SEPs and 401(k)s, and why things like HSAs and Social Security shouldn't be overlooked. Real-world stories, from clients who faced unexpected tax bills to cautionary lessons about family transitions, bring these lessons to life. If you've poured your heart into building a company, don't let misconceptions put your retirement at risk.

Here's some of what we discuss in this episode:

🏢 Business ≠ retirement plan, outside savings are essential

🏦 Owners can benefit from 401(k)s, SEPs, and HSAs just like employees

📊 Not every business is sellable, so don't assume top-dollar value

⚖️ A plan balances business success with personal financial freedom

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