Planning for a retirement, or exit, from a company takes time on your part and the company’s to make it a smooth transition.
Eventually you might reach a point where you decide to get out of your business, whether it is retirement beckoning or a desire to take on a new venture. Here are a few things to think about before taking that step.
Even if you’re years away from calling it quits, it’s wise to start thinking about an exit plan to ensure you get your desired retirement results
Even if you’re years away from retirement, it’s wise to keep tabs on your government retirement benefit and adjust plans accordingly
Details of an exit plan for your company should be worked out when you open the doors — or even earlier
Weeding through the details of all the different retirement account options can get confusing, but no matter your age, the time to start saving for retirement is now. Learn more about six common types of plans.