My business is my pension

How do you make sure your business works for you well into your retirement?

Owner managers often tell us that their retirement is all taken care of. It is easy to hope that when the time comes and the business is sold that there will be enough to fund a comfortable retirement. Putting aside the fact that this is quite a gamble, they could miss out on a number of tax breaks for both their company and themselves. Is it really good financial sense to trust that “my business is my pension?”