October 18, 2007
Debunking 13 Common Retirement Myths
A CNN Money article hits retirement concerns head on. We’re all well aware now of the growing baby boomer generation and the significant impact it will have on our society. Some of the assumptions, fears and hot topics are successfully addressed in this article.
Some of the key topics covered and explained include:
- Big Nest Eggs
- How to manage your 401K
- Is $1 million enough?
- Could Boomer crash the stock market?
- Equity, savings and college funds
- How to retire early
If you are a small business owner, your business is most likely your most valuable asset. It is absolutely essential that you take ownership today and start putting together an exit strategy for your business. You have limited options when you are no longer able, interested or capable of owning/running a business: sell it, pass it off to kids/successor, dissolve it.
As it relates to this CNN Money article and boomers plan for retirement, selling a business will yield the most financial stability and peace of mind once the dust has settled. How you manage and diversify the proceeds from the sale of your business is entire topic in and of itself.




1 Comment on Debunking 13 Common Retirement Myths »
October 21, 2007
www.bestretirementadvisor.info » Debunking 13 Common Retirement Myths @ 12:05 pm (Pingback)
[…] FMV put an intriguing blog post on Debunking 13 Common Retirement Myths.Here’s a quick excerpt:As it relates to this CNN Money article and boomers plan for retirement, selling a business will yield the most financial stability and peace of mind once the dust has settled. How you manage and diversify the proceeds from the sale of … […]