Many people refer to retirement savings plans as “401(k)s” even if they’re not, because so many financial advice articles out there focus heavily on 401(k)s.The reality is that there are a variety of ways to save for retirement, and the options you choose can depend on what kind of company you work for, or if you work for yourself. And since 401(k) plans can be complicated and expensive for … [Read more...] about Retirement Planning if You’re Self-Employed or a Small Business Owner
Careers and Entrepreneurship
How to Create Your Own Benefits Package When You’re Self-Employed
When you’re a full-time employee for a company, you might take for granted all the benefits you get in addition to your actual salary. It turns out that of your total compensation package, 30% goes toward benefits like health insurance, disability insurance, life insurance, 401(k) matches, paid vacation and sick leave, and more. But nearly a third of U.S. workers are self-employed or work for a … [Read more...] about How to Create Your Own Benefits Package When You’re Self-Employed
My Favorite Online Experts
Helping a client with their financial plan involves a lot of conversations about numerical data. We chat about their current net worth, their debts, the amount they have in savings, and their financial goals like buying a home or retiring. My clients are in a phase of life that comes with a ton of change -- they’re completing their educations, moving to new cities, starting businesses, buying … [Read more...] about My Favorite Online Experts
Why Assembling a Rock-Star Team is the Key to Success
This is part 3 of a 3 part series on a “Behind the Scenes Look at Gen Y Planning.” Feel free to start by reading Part 1 on “How I Built the Kind of Business I Want to See in the World” and Part 2 on “Yes, You Can Run a Business and Still Have a Life”. Also, if you’re a financial planner who is interested in finding out about the next mentorship program that I’m launching, you can sign up for the … [Read more...] about Why Assembling a Rock-Star Team is the Key to Success
Yes, You Can Run a Business and Still Have a Life! Here’s How
This is part 2 of a 3-part series on a “Behind the Scenes Look at Gen Y Planning.” Feel free to start by reading Part 1 on “How I Built the Kind of Business I Want to See in the World”. Also, if you’re a financial planner who is interested in finding out about the next mentorship program that I'm launching, you can sign up for the wait list here. When you work for someone else, your responsibility … [Read more...] about Yes, You Can Run a Business and Still Have a Life! Here’s How
A Peek Behind the Scenes at GYP: How I Built the Kind of Business I Want to See in the World
This is part 1 of a 3-part series on a “Behind the Scenes Look at Gen Y Planning.” If you’re a financial planner who is interested in finding out about the next mentorship program that I'm launching, you can sign up for the wait list here. I just spent a few months coaching other financial planners who are striking out on their own, and it made me think back to May of 2013, when I launched Gen Y … [Read more...] about A Peek Behind the Scenes at GYP: How I Built the Kind of Business I Want to See in the World