If you own a business, you probably work tirelessly to operate it efficiently and ensure its success. But how much time do you spend planning for your retirement?
A recent TD Bank survey paints an alarming picture regarding business owners and their retirement: a stunning 47 percent don’t have a plan in place. Many business owners—especially Baby Boomers—simply plan to keep working. But planning in advance is essential, because circumstances such as an unexpected health problem often force people into retirement. If you’re a business owner, implementing a sound retirement strategy that aligns with your goals is critically important. Here are five smart things to consider: Continue reading....