
E193 | Retirement Planning for Entrepreneurs: Building Wealth Beyond Your Business
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About this listen
Hosts, Austin Peterson and Landon Mance of Backbone Planning Partners, discuss retirement planning for small business owners. They address the common notion of relying solely on the business as a retirement plan, emphasizing the importance of diversification and establishing separate retirement accounts like SEP IRAs, Simple IRAs, and 401(k)s. They advocate for setting aside a significant portion of income toward retirement, providing actionable strategies for building wealth beyond the business. The discussion also highlights the need for financial independence and the potential role of cryptocurrencies in future retirement planning.
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.