The Bay Area BusinessWoman has an article about how small business owners can start planning ahead for retirement. Author Kasey Yang is a CPA candidate with a Masters in accounting, so she presumably knows her stuff. Her piece touches on why small business owners (especially solopreneurs) should start setting money aside for retirement and how they can begin to do so.
Yang lays out the basics of several different types of retirement plans, with some clear, concise information about each. She doesn't recommend any specific companies, instead recommending that businesspeople sit down and discuss their options and best choices with their own trusted financial advisors. Not sure how to find someone? Consider touching base with a Certified Financial Planner to get started. Don't forget to pull your accountant and attorney into the loop as well. Either way, start saving today...it'll be worth your while no matter what the ups and downs of your small business.
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