NEWSROOM

Is Your Business Good Retirement Capital?

If you’re an entrepreneur, you’re likely to be an optimistic risk taker and may believe that the proceeds from the sale of your business will suffice as retirement capital.

The harsh reality is that not all businesses have a happy ending.

Although drive, motivation and a propensity for risk are great for growing a business, they don’t always translate into sound retirement planning.

Diversifying your assets is a great way of insuring against the possible decline of your business, or the inability to sell it when you need to.

READ MORE
How Relevant Is The 4% Rule of Thumb These Days?

Generations of financial planners have advised their clients to use the 4% rule when planning retirement withdrawals. But is it still relevant today?

This article explains that, while the 4% rule can be a good way to think about how much you will need to save for retirement, it can never replace a proper financial plan.

Like most rules of thumb it’s not completely worthless – but it’s also not the answer to a happy and prosperous retirement. Planning your retirement is probably the biggest financial decision you’ll ever have to make so please do consult a qualified financial planner.

READ MORE
10 Factors to consider when buying an investment property

1. What do you want to achieve? Purchasing an investment property is a business transaction and is merely a bricks and mortar vehicle that enables you to achieve pre-defined financial goals. Before purchasing a property, it is important to identify your end goal and then formulate a plan to get

READ MORE
10 Steps on how women can take control of their wealth

Two major trends are profoundly impacting women. Firstly, women are living longer then men and secondly, nearly half of marriages are likely to end in divorce, with rising rates among couples over 50’s. This means that many women will become widows or divorcees. Some women will be ready – many

READ MORE
Is Your Business Good Retirement Capital?

If you’re an entrepreneur, you’re likely to be an optimistic risk taker and may believe that the proceeds from the sale of your business will suffice as retirement capital.

The harsh reality is that not all businesses have a happy ending.

Although drive, motivation and a propensity for risk are great for growing a business, they don’t always translate into sound retirement planning.

Diversifying your assets is a great way of insuring against the possible decline of your business, or the inability to sell it when you need to.

READ MORE
How Relevant Is The 4% Rule of Thumb These Days?

Generations of financial planners have advised their clients to use the 4% rule when planning retirement withdrawals. But is it still relevant today?

This article explains that, while the 4% rule can be a good way to think about how much you will need to save for retirement, it can never replace a proper financial plan.

Like most rules of thumb it’s not completely worthless – but it’s also not the answer to a happy and prosperous retirement. Planning your retirement is probably the biggest financial decision you’ll ever have to make so please do consult a qualified financial planner.

READ MORE