Latest Article:
October 3, 2024Charitable Giving & Philanthropy
Filter By Category: Planning for Retirement

As a business owner, your professional and personal lives are intertwined and inherently connected to your business. With their identity largely tied to what they do professionally, many owners face confusing and conflicting emotions when leaving their company. Selling a business can be one of the most significant decisions of your life. The first step to planning for your exit is finding mental readiness.

Business owners are on the hook for a lot: the full 15.3% self-employment tax, the cost of healthcare, building your own nest egg without the matching employer contributions to retirement plans often referred to as “free money” for employees. It’s no wonder that investing for retirement isn’t a top priority for some business owners who are busy trying to grow their business’ value.

Are you looking for clarity, conviction and unfiltered advice about your wealth?

You’ve come to the right place.

Most business owners will agree: scaling a profitable business is not easy. It takes a strong vision, sufficient capital, the right leadership and great talent to build a valuable business asset. Even if you never decide to sell, creating a profitable business asset is an incredible way to build wealth. However, many business owners lack the right playbooks and resources to unlock the wealth trapped in their business.

As a successful professional selling or exiting your business, selecting the most appropriate strategy for you is critical for achieving not just your potential for wealth, but your potential for living.   1. Strategic (Industry) Buyer  Strategic buyers often pay the highest price, however, may restructure the acquired company.   2.

One of the biggest challenges for people entering retirement is knowing how to start spending from their portfolios when they’ve spent an entire life saving. How do you even know where to begin to make sure you can do what you want, when you want, without the risk of running out of money? A good first step is taking stock of how much set income you will have in retirement from sources other than your portfolio.

Subscribe to Monument #Unfiltered – It’s Free!

Get our straightforward, no B.S. wealth advice delivered straight to your inbox no more than 2x per month. Specifically tuned for high-net-worth business professionals and investors. Unsubscribe anytime with 1-click.