Business Owners
Financial Planning for Business Owners
Your business’ success is your success. Let’s make sure it lasts. Sandy Wade is a business owner herself and understands the pressures and satisfaction that comes from being your own boss.
Two Phases, One Goal: Financial Independence
Accumulation
1. Building Your Foundation
With your business as your primary asset and focus, it’s easy to let personal financial planning fall by the wayside. We will review your personal financial situation and business accounts to help ensure both are running sustainably with an eye toward the future.
Accumulation services include:
- EComprehensive financial review of business and personal finances
- ERetirement savings recommendations (such as profit-sharing plan, cash balance plan, Solo 401(k), SEP IRA, or SIMPLE IRA)
- EReview of your spouse’s retirement savings and workplace benefits
- ERisk review, including personal and business insurance policies
Distribution
2. Creating Sustainable Income
Whether your retirement is to remain an owner while stepping back, transitioning your business to the next generation, or negotiating an outright sale of what you’ve worked hard to build, we are here to support your journey and plan a sustainable income stream for the retirement you’ve always envisioned.
Distribution services include:
- EBusiness exit planning
- ETax-advantaged investment strategies for sales proceeds (if applicable)
- ERetirement income planning for long-term distribution
- EInsurance recommendations for life and long-term care
- EMedicare advice and support
- ERMD notifications (if applicable)
- EBeneficiary review reminders and coordination
Ongoing Planning & Support
No matter where you’re at in life, our comprehensive services will cover these key areas of financial planning:
Cash Flow
Managing savings and short-term financial goals with an eye on your long-term success
Wealth Management
Long-term goals and retirement considerations, including investment allocation and management
Risk Management
Insurance review and advice for life, health, long-term care, and more
Estate Planning
Beneficiary review, will and trust review, collaboration with your attorney
Advanced Tax Planning
Tax-optimized withdrawal strategies and investment recommendations
Roth Conversion Strategies
Strategies to minimize taxes on your retirement savings
SECURE Act 2.0
Review and deployment of retirement/tax strategies based on SECURE Act 2.0
Ready to Get Started?
Work with side-by-side with a fellow business owner. Contact Sandy Wade today.