Your business can play a key role in your retirement.
If you鈥檙e planning to retire, your business can generate income based on its value, the strength of your buy-sell agreement, and proper funding. Or maybe you don鈥檛 want to retire. With careful planning, whatever you envision for your future is possible.
Get started with the right questions.
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What is your retirement income goal?
If it鈥檚 selling your business, make sure your buy-sell agreement does what you need to ensure a buyer and fair price for your business. -
Do you know what your business is worth?
Without knowing the value of your business, it鈥檚 hard to determine how much it can contribute to your retirement income. And it could be problematic for you and your successors if your stated value is more or less than your business鈥檚 current or actual value.
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Do you have a plan in place for a smooth transition?
A buy-sell agreement that reflects your intended buyer, the terms of the agreement, a purchase price, and timeline of the sale helps everyone involved in the transition and can help avoid costly delays and arguments among owners.
In our complimentary analysis, we鈥檒l look at the value of your business, your personal savings, and any transition plans you have in place, then give you personalized recommendations for improving your strategy.
Talk with a financial professional.
Talk to your financial professional to help you review your strategy for retirement. Don鈥檛 have one? We can help.
Find a financial professionalThis communication is intended to be educational in nature and is not intended to be taken as a recommendation.
Insurance products issued by 海角社区National Life Insurance Co. (except in NY) and 海角社区Life Insurance Co. Plan administrative services offered by 海角社区Life. 海角社区National and 海角社区Life are members of the 海角社区Financial Group庐, Des Moines, IA 50392.
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