Entrepreneur? Business Owner? You Face More Complex Retirement Planning
Retirement Daily Guest Contributor
By Chia-Li Chien
There were approximately 33.4 million business tax returns filed in 2013, accordingly to the IRS. The retirement planning for business owners has a different layer of complexity compared to non-business owners, with business assets often the largest assets in the retirement balance sheet for owners. Business equity is an investable asset that needs intentional planning to achieve the owners' aspirations and legacy. To help privately held business owners plan for retirement, here's the first in a series of articles targeted specifically for them. I'll start by talking about starting a business in late-career stage.