Retirement

Why Your Business Shouldn't Be Your Retirement Plan

3 min read

Avoiding opening a 401(k) because your business is your retirement plan? It's time to reevaluate your options.

Related: Are You Deducting Your Health-Care Expenses Properly?

CPA and Attorney Mark J. Kohler says too many small-business owners fail to adequately plan for retirement because they believe their businesses will fund their lives after they quit working. By pouring all their money into their companies, these entrepreneurs are making a dangerous gamble that doesn't always pay off when it comes time to retire.

Check out this video to find out more on how small-business owners should be approaching retirement and what retirement plan might be right for you. 

Related: The Tax-Saving Tool You're Not Using

Related Book: The Tax and Legal Playbook

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