Skip to content
Jason Parker 2 social-email-banner

Available at:

May 5, 2023

Retirement Planning for Business Owners on Liquidity Events and Legacy

Are you prepared for retirement? Join the Mobile Workforce Podcast as Mike Merrill interviews Jason Parker, president of Parker Financial, about retirement planning for business owners. Discover why retirement for business owners is different from employees and how to navigate the complexities of a liquidity event. Learn about tax implications and investment strategies for business owners transitioning to retirement. The podcast emphasizes the importance of planning personal finances before and after selling a business and the potential pitfalls of sudden wealth. Advice on how to avoid exposure to lawsuits, reduce tax liability, and create certainty for buyers. Discover the importance of having a plan for the next phase of life and learn exercises and resources to design a fulfilling retirement.

Key Takeaways:

  • Retirement planning for business owners
  • Importance of planning personal finances
  • Pitfalls of sudden wealth
  • Challenges of liquidating assets
  • Designing a fulfilling retirement
  • Leaving an inheritance for children
  • Importance of estate planning
  • Budgeting and stewardship
  • Discipline in managing finances
  • Importance of diversification
  • Preparation for inflation