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August 15, 2022

Don't bank on your business to fund your retirement

  • Diversify your nest egg so it will last you well into your later years.
  • By KELSEY SHEEHY
    NerdWallet

    Retirement can loom like a dark cloud for small-business owners. Many invest blood, sweat and tears — and every penny — into building their business but never set cash aside for the future.

    A huge number of entrepreneurs have reported putting aside no retirement savings at all. For some, selling the business is their only retirement plan.


     
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