This week on the Handling Business Podcast we sit down with a true expert in his field, Doug Warren. Doug has been a financial advisor for the last 44 years and has a massive following to prove it. Though he still works with clients one-on-one, Doug has thousands of followers that read his books, attend his training seminars and cling to his every word of advice.
At just 19, he began working as a financial advisor under his father. Years later, Doug has created a name for himself as one of the most trusted advisors in America, hosting seminars at top financial groups around the country, starring in PBS specials about financial planning and even being quoted alongside Warren Buffet and Jack Bogle in Tony Robins best-selling book Money, Master the Game.
Many of our listeners are so wrapped up in their businesses that it can be difficult to even think about retiring, but the importance of having a solid plan in place should not be taken lightly. That’s why we wanted to bring you this very special episode; Doug lends us unbiased advice as we discuss how entrepreneurs should think about retirement planning and what you can do differently to have more confidence in your post-career life. We’ll discuss the different types of retirement accounts, why you shouldn’t consider these “investments” as well as the importance of considering taxes both presently and in the future when selecting your route of retirement. We ask Doug about compound interest, the ideal plan for business owners and why having access to your retirement money as an entrepreneur is so vital.
Most importantly we talk about how it's so important to be building a business that you can sell or a business that you can keep as passive income so that you can retire with a comfortable salary. Invest in yourself, your business and your future. Listen now and start your path to retirement!
SHOW NOTES:
Doug Warren - http://www.inflationcheck.com/