Updated: Oct 15, 2020
In my last blog article, I talked about the very real problem of business owners not having a way to save for a secure retirement.
But there are also a lot of business owners who ARE saving for retirement and saving very well! They *may* have a false sense of security because they see their 401(k) and/or IRA statement and see MILLIONS in it and believe "I'm going to have a great retirement! I've saved, I'll be able to sell my business, my home is paid off... I'm going to have it made."
So, what's the problem? The problem is... they may not have done the retirement income math.