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When Your Small Business Is Your Nest Egg
Entrepreneurs who bank on selling the business to fund retirement need to recession-proof their plan.
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Daryl Posted: 2:50 PM On September 24, 2008
Unfortunately, I see this issue every single day in my line of work; business owners who bank on selling their business to fund retirement. The issue with this strategy is that only 1 in 4 of the businesses that are on the market each year actually sells. Will you be the fortunate 1 or the unfortunate 3?

We all realize that if you don’t start saving early, it’s practically impossible to contribute enough money into an IRA or 401k plan due to government max contribution restrictions. In order to maintain or even increase your yearly income stream upon retirement, you must have a large lump sum of money in your retirement account right NOW to make it work for you on a limited time horizon. Email me directly at dmbrandon@entaire.com and I will share with you how we can provide you with that large lump sum of money in your account today, that you’ll need to ‘catch up’ on your retirement goals.
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