Rob Black and I don’t depend on big name companies for a retirement plan; we created our own businesses and did it for ourselves. Most people don’t know business owners need to make 25-30% more money just to break even when transitioning from owner to employee. They often end up doing double the work without receiving double the pay because they failed to have a business plan in place. Other topics include:

• Personal disability insurance and overhead disability insurance –which can you write off?
• Succession plans
• Owning a diversified portfolio not related to your industry
• Investment mistakes –putting away money pretax, creating liquidity and funding the correct retirement plan
• Investing tax efficiently
• Insurance agents who pitch investment plans
• Obligations HR must enforce

 

Register for the Quickbooks Connect event where Rob Black and I will be speaking. Use the password: Connect to save 50% on the registration fee!

 

Join Rob Black and I at one of our next retirement workshops at the Elks Lodge in Palo Alto. Admission is only $5 to learn about current market conditions, retirement planning issues and estate planning strategies. Click HERE to sign up!

 

 

Email your money question to [email protected] , or call the show at 1-800-516-1220 from 2:00-3:00 p.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.