Imagine you have been working all your life and finally realized that you have the means and the ideas to be a great entrepreneur. Now that your business is thriving, what’s next for you? Great entrepreneurs don’t just look at the present; they look forward, think ahead, and anticipate the inevitable – retirement. While planning for your business is great, have you ever thought of what’s in store for you after all the work is done?
In today’s episode, Danny Blue of iSelf Direct expresses the number one problem of America - the lack of awareness of the perks and advantages of having retirement plans and being a business owner. Danny talks about what a Solo 401K is, points out the awesome advantages of having one, including the outstanding amount that you can take home every year, tax-free.
A solo 401K is bulletproof in creditors, lawsuits, and bankruptcy.
In This Episode of Real Money Talks:
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