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  5. 7 Costly Mistakes Business Owners Make with Retirement Money

7 Costly Mistakes Business Owners Make with Retirement Money E-BOOK

David T. Harris
E-book | Engels
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Omschrijving

 

Business owners work harder than anyone else. You sacrifice time with family, take financial risks, and pour everything into building your company. But when it comes to retirement planning, most entrepreneurs are making critical mistakes that could cost them hundreds of thousands of dollars, or their entire retirement.

This book reveals the seven most costly mistakes business owners make with retirement money, and more importantly, how to fix them before it's too late.

You'll discover why waiting "just one more year" to start saving could cost you over half a million dollars in lost compound growth. You'll learn why putting every dollar back into your business, while it feels like the right move, is actually gambling your entire future on one uncertain outcome. And you'll understand why the retirement accounts your bank offers are leaving massive tax savings on the table.

Through real-life case studies of business owners who lost everything by making these mistakes, you'll see the devastating consequences of poor planning. But you'll also learn the proven strategies that successful entrepreneurs use to build million-dollar retirement accounts while running thriving businesses.

Inside, you'll find:

The 70/20/10 Rule protects you whether your business sells or not Tax-advantaged accounts that could save you tens of thousands annually Living Benefits life insurance that pays you while you're still alive if diagnosed with a critical illness Exit strategy planning that maximizes your business value years before you're ready to sell The three-bucket diversification strategy ensures you retire wealthy regardless of market conditions A complete 90-day action plan to rescue your retirement starting today

This isn't generic financial advice written for employees with steady paychecks. This is specifically designed for entrepreneurs, contractors, consultants, and business owners who face unique challenges: irregular income, complex tax situations, and the dangerous temptation to bet everything on the business.

Whether you're 35 or 55, whether you have nothing saved or substantial retirement accounts, this book will show you exactly what you're doing wrong and how to fix it. The strategies inside have helped countless business owners build secure retirements without sacrificing their business growth.

Your business is your passion. But it shouldn't be your only retirement plan. Learn how to protect what you've built and retire on your terms, not circumstances forced upon you.

The mistakes in this book cost entrepreneurs millions every year. Don't be one of them.

Specificaties

Betrokkenen

Auteur(s):
Uitgeverij:

Inhoud

Taal:
Engels

Eigenschappen

Productcode (EAN):
9798231346325
Verschijningsdatum:
6/11/2025
Uitvoering:
E-book
Formaat:
ePub
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