Business Liquidity doesn’t have to Cost You Control
Here’s the set-up. Charles Goodwin* is a 100 percent owner of Goodwin Industries. He’s 52 and has a daughter who is active in the business, which is worth $15 million. It’s growing and profitable. There is a $2 million loan outstanding for which Charles is a personal guarantor. Charles…
Leverage your business for your retirement future
A key issue for many of us is whether we will have enough income in retirement. You don’t have to look very hard to find articles providing advice on how much we should invest in 401(k) plans, IRAs and other investments, along with how to draw down these type of accounts in retirement.