Many people find that they still need to plan for their own retirement. A Blue Ridge financial planner can help you achieve the goals that you need to retire even if you own your own business.
Some owners plan on selling their business and using the money to retire on. Because of different factors such as competition undercutting the price the business is worth or the industry not performing as well as it does now, selling your business may not mean all of your needs when you do plan on retiring.
You can choose to have a planner help you set up an IRA savings account. They can explain how these can help you and how much you need to invest annually to see the return you want. Much like non business owners, this can be an effective way to plan for your retirement.
A Roth IRA may provide you with a better retirement since they only tax tax initial investment. A planner can help you determine which will work better for you since a Roth IRA may be suited for younger investors. Once you have determined his, they can start process of obtaining them.
For those owners that want to start a 401K plan in the company a planner can assist you here as well. They can build value in the company and allow you to hire a better workforce with less turnover. The planner can go through all of the options and help start one up for you, as well and explain how this can benefit the sale of it in the future.
Joseph Ryan can help you save for your retirement as a small business owner. This Blue Ridge financial planner can help you with your company and assist in making it more valuable if selling is part of your retirement, or saving to meet any other financial need to have for your retirement.
A Blue Ridge financial planner can help you achieve the goals that you need to retire even if you own your own business. More info now on http://ryanwealthmgt.wordpress.com/