Financials 101: You deserve to retire
Description
At Summit, we believe salon professionals should be able to retire on their own terms. In this last episode in our Financials 101 series with CPA Chris Wittich from Boyum Associates, Chris explains why you should be saving for retirement now, even if you're working your very first job. Chris and Blake discuss retirment investment accounts for individuals like IRAs, Roth IRAs, and 401Ks. Also, did you know you can create an online account with the Social Security Administration and see how much you've been contributing in your working life so far? (We didn't!)
From the salon owner perspective, we have advice on providing retirement plans for employees, and how to encourage your staff members to contribute.
Find Chris Wittich and his team of salon accounting pros at salon.cpa.
Follow Summit Salon Business Center on Instagram @SummitSalon, and on TikTok at SummitSalon.
SUMM IT UP is now on YouTube! Watch extended cuts of our interviews at www.youtube.com/@summitunlocked
Find host Blake Reed Evans on Instagram @BlakeReedEvans and on TikTok at blakereedevans. His DM's are always open! You can email Blake at bevans@summitsalon.com.
Visit us at SummitSalon.com to connect with others in the industry.
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