Financial Role Models, Estate Planning & Rainy Day Funds
Update: 2024-05-30
Description
In this episode, Brian Bowen and Brett Sharp discuss the importance of being a good financial role model for children, the challenges of retirement planning for business owners, and strategies for protecting and growing business assets. They also cover the topic of emergency savings, the role of Social Security in retirement planning, and the concept of single premium immediate annuities (SPIA) for retirement income.
00:00 The Importance of Being a Financial Role Model for Children
03:15 Challenges of Retirement Planning for Business Owners
06:34 Strategies for Protecting and Growing Business Assets
11:18 Understanding Emergency Savings and Financial Preparedness
13:46 The Role of Social Security in Retirement Planning
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