In the first episode of Beyond the Advisor, Nina Breen, CFP®, RICP®, CPWA®, and Micah Alsobrook, CPFA®, MBA, unpack the planning and retirement questions that successful families and business owners often overlook.

They discuss cash reserve strategy, retirement plan timing, how concentrated business wealth can create blind spots, and why coordination between advisors, CPAs, and attorneys is so important. They also walk through Roth conversions, SIMPLE and SEP plans, safe harbor 401(k)s, and real-world examples of tax-sensitive planning decisions that can go wrong when timing is missed.

Key Topics Include:

• Cash reserve targets for households, retirees, and business owners
• Why starting a retirement plan earlier can matter more than people think
• Concentration risk for business owners
• How SIMPLE IRAs and SEP IRAs compare with 401(k)s
• Why financial, legal, and tax professionals need to coordinate
• Roth conversions explained in plain English
• Tax timing mistakes that can affect retirement plan contributions