1664: Retirement Planning for Small and Micro Business Owners

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 1 May 2024

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

The average worker believes they need over $1 million to retire comfortably. How can small business owners secure this lofty financial goal for themselves and their employees with less stress? Guest Jean Smart is the founder and CEO of Penelope, a fintech company that is disrupting retirement solutions for small and micro businesses. Penelope (named after her daughter) was inspired by her personal experiences, as Jean is the daughter of Korean immigrant business owners who were not prepared for their own retirement.

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Transcript

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0:00.0	At Enterprise, we tailor our mobility solutions to fit your business needs,
0:04.8	whatever they might be.
0:06.3	So whether you need cars by the hour for your sales team, vans by the week, month or year
0:11.3	to get your product shipped, or a fleet of courtesy vehicles for
0:16.5	whenever your customers need them, Enterprise have got you covered.
0:20.6	And with more branches in more locations around the world, we're everywhere you need us to be.
0:26.0	Find what you need at enterprise.co.uk.
0:30.0	So many episodes 1664, retirement strategies for mom and pops with Gene Smart, founder of
0:39.4	Penelope.
0:40.9	You're listening to So Money
0:43.0	with award-winning Money Guru Farnu
0:45.0	Farnouche-Torabi.
0:46.0	Each day get a 30 minute dose of financial inspiration
0:50.0	from the world's top business minds, authors, influencers, and from Farnuus herself.
0:56.0	Looking for ways to save on gas or double your double coupons?
0:59.6	Sorry, you're in the wrong place.
1:01.7	Seeking profound ways to live a richer happier life.
1:05.0	Welcome to So Money.
1:07.0	When they left, they thought it would be too stressful to come all the way over to a different country with the language they
1:15.9	studied but didn't really practice and with three little kids under five.
1:20.9	So we stayed with our grandparents.
1:23.0	The cranes are, they're not the best as being very direct and honest about certain things.
	...

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