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Tough Retirement Questions Facing Business Owners
When do I WANT to retire?
When do I feel I CAN retire?
How much ‘net’ money will I receive from the exit from my business combined with my personal assets, to be used for my retirement?
Have I prepared adequately for the period following my exit from my business?
Have I considered the impact of my decisions on all stakeholders including my spouse, children, grandchildren, key management, charities, etc.?
Am I putting these stakeholders ‘at risk’?
Have I considered unforeseen health and death issues?
Am I prepared, not only for retirement, but also the ‘inevitable surprises’?