You did it. You made the leap.
You left behind that corporate 9-to-5, the micromanaging boss, the freeloading coworker...
Now, you've started your own thing. You have endless potential. The world is your oyster. You can do what you've always dreamed of.
It's a dream many of us are striving for. But, it's easy to forget that we still should be saving for retirement. As a self-employed person or a business owner, how do we pick the right retirement plan to set ourselves up for success?
Listen in as Stephanie and Kevin shine a torch to guide us down the exciting but often muddy path to retirement by speaking on how to choose between the different retirement savings options available.
Key Topics:
"SEP-IRAs still may be the best option for you, but…" (2:37)
How do you save for retirement on a tax-favored basis if you're self-employed? (2:50)
How to decide on the best plan or account option for you. (9:25)
The traditional and Roth IRA. (13:58)
The SEP-IRA. (20:10)
The SIMPLE IRA. (24:11)
How to save "gobs and gobs of money" with a pension plan. (28:35)
Stephanie and Kevin's closing thoughts. (30:35)
Resources Mentioned:
If you like what you've been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. stephanie@sofiafinancial.com
You can find the transcript and more information about this episode at www.takebackretirement.com.
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