Entrepreneurs
(1099 Self-Employed, Agents, Brokers, Service Workers)

Why Entrepreneurs Struggle with Retirement

Entrepreneurs dedicate their lives to building their businesses and serving their clients, often navigating fluctuating income and unpredictable schedules. In the United States, many entrepreneurs face unique challenges when it comes to retirement planning. A common misconception is that their business income will automatically translate to a comfortable retirement. While business growth is essential, it frequently doesn't provide the structured retirement savings needed. Additionally, the complexities of self-employed retirement plans like SEP IRAs, SIMPLE IRAs, Individual 401(k)s, and profit-sharing plans can be overwhelming. With numerous options available, entrepreneurs often struggle to determine which plan best aligns with their fluctuating income and long-term financial goals. This lack of clear guidance and personalized support leads to missed opportunities and unnecessary financial stress. At Retirement Educators, we understand these challenges and are committed to empowering entrepreneurs to achieve a secure and fulfilling retirement.

How We Help Entrepreneurs

We believe in a comprehensive and personalized approach to retirement planning for entrepreneurs. Our goal is to provide clarity, confidence, and actionable solutions. We begin by thoroughly understanding your unique financial situation, including your fluctuating income patterns and business growth projections. We then work with you to identify any potential gaps in your retirement income and develop a tailored plan to maximize your savings. We simplify the complexities of SEP IRAs, SIMPLE IRAs, Individual 401(k)s, and profit-sharing plans, helping you navigate the options and choose the most suitable and flexible solutions. We are committed to providing ongoing support and guidance, ensuring you stay on track to achieve your retirement goals. Our approach extends beyond the individual entrepreneur, encompassing the entire family to ensure holistic financial well-being."

Our Process

One-on-One Consultation:

  • We begin by meeting with you to discuss your current financial situation, fluctuating income patterns, retirement goals, and concerns.
  • We provide a clear and detailed explanation of self-employed retirement plans, including how they work, their contribution limits, and their tax advantages.


Personalized Retirement Plan Development:

  • Based on your individual needs and income fluctuations, we create a customized retirement plan to maximize your savings and bridge any potential income gaps.


Plan Comparison and Selection:

  • We compare multiple SEP IRAs, SIMPLE IRAs, Individual 401(k)s, and profit-sharing plans, presenting you with clear and concise information to help you make informed decisions.
  • We make sure the plans are flexible and suitable to your fluctuating income needs.


Implementation:

  • Our licensed financial professionals assist you in implementing the chosen retirement plan, ensuring a smooth and efficient process.


Lifetime Assistance and Annual Reviews:

  • We provide ongoing support and conduct annual reviews to monitor your progress and make necessary adjustments to your plan.
  • We also offer comprehensive financial guidance for your spouse, children, and other family members, ensuring a holistic approach to your financial well-being.

2023 Your Retirement Educators All rights reserved