Imagine you have been working all your life and finally realized that you have the means and the ideas to be a great entrepreneur. Now that your business is thriving, what’s next for you? Great entrepreneurs don’t just look at the present; they look forward, think ahead, and anticipate the inevitable – retirement. While planning for your business is great, have you ever thought of what’s in store for you after all the work is done?

 

In today’s episode, Danny Blue of iSelf Direct expresses the number one problem of America - the lack of awareness of the perks and advantages of having retirement plans and being a business owner. Danny talks about what a Solo 401K is, points out the awesome advantages of having one, including the outstanding amount that you can take home every year, tax-free.

 

 

A solo 401K is bulletproof in creditors, lawsuits, and bankruptcy.

 

 

In This Episode of Real Money Talks: 

• Defining Solo 401K
• Reasons why entrepreneurs need a Solo 401K
• Benefits of Solo 401K
• Amount that entrepreneurs expect to get from a Solo 401K
• Protections for Solo 401K offer
• The "Why Test" and what it does

Check Out Danny Blue Across the Net: 

• iSelf Direct Website

 

 

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Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!