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The Wealth Movement

Kristoffer Fu Paying It Forward: Why your Business is NOT your Retirement Fund

Aug 22, 2022
21:28
**ATTENTION ALL BUSINESS OWNERS AND SELF EMPLOYED**  In this the 10th episode of Succetion, I talk about why a business owners business is not their retirement fund.  At Maven Bridge Capital we help business owners with their financial planning and wealth management goals and one of the things we encounter often are business owners usually rely on the business to be their retirement nest egg one day.  What happens if you get less than what you had hoped for when you sell the business?    What happens if you decided you rather have your children take over the business?  Worse, what happens if you are unable to sell the business?  According to the Exit Planning Institute, 80% of business will never sell.  If you are a business owner do you have a plan B for your retirement?  These are questions you need to start asking yourself if you have not planned for the future.   ***If you enjoy this episode please leave a comment and subscribe.***  I hope you enjoy this episode of Succetion, where our goal is to pay success forward.  Thank you for listening. To learn more about Maven Bridge Capital and our services please visit Visit Maven Bridge Capital. Episode Resources Kristoffer Fu | Kris's LinkedIn MVCap | Maven Bridge Capital LinkedIn MVCap | Maven Bridge Capital Facebook MVCap | Maven Bridge Capital Instagram MVCap | Maven Bridge Capital YouTube Channel

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