6 Small Business Retirement Plans From Easy to Complicated - 106

Your Money, Your Wealth

Realestate, Income, Investing, Personalfinance, 401k, Rothconversion, Retirement, Education, Taxes, Socialsecurity, Personalfinances, Finance, Retirementplanning, Investments, Stocks, Business, Roth, Fiduciary, Ira

2.3 • 681 Ratings

🗓️ 13 March 2017

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

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Summary

Six small business retirement plans from easy to complicated, including the SEP IRA, SIMPLE IRA, Solo 401(k) and defined benefit plan. And, how to calculate your "power percentage" for retirement readiness (here's a hint, it involves adding up savings and old debt payments and dividing that into your income.) Plus, Joe and Big Al explain how buying expensive cologne online relates to behavioral finance.

Transcript

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0:00.0	How to save for retirement if you're a small business owner or if you work for one.
0:04.0	How to calculate your power percentage.
0:06.0	And do you say niche or niche?
0:08.0	This is Your Money, Your Wealth.
0:10.0	Today on Your Money Your Wealth, six small business retirement plans from easy to complicated.
0:15.0	Determining your retirement readiness by calculating your power percentage.
0:18.0	And Joe and Al explain how buying expensive cologne online relates to behavioral finance.
0:24.0	Now, here are two guys who have really found their niche, or is it niche?
0:27.5	Anyway, Joe Anderson's CFP and Big Al Clopine's CPA.
0:31.7	Yes, we are back for another episode of Your Money or Wealth.
0:35.0	Thanks for tuning in.
0:36.3	Got a show lined up for you today.
0:38.9	Not a good one, just a show.
0:40.8	Good.
0:41.3	I like it.
0:41.8	That's honest.
0:42.9	It is.
0:43.5	That's fair and balanced reporting.
0:45.0	It is.
0:45.9	It's hard to come by.
0:47.5	You know, I watched a really uplifting movie the other day.
0:50.2	Yeah, which one?
	...

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