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Should you pay off your mortgage before you retire? The short answer to that is yes! In today’s video, I’m talking about: *The benefits of paying your mortgage off …



Just as you shouldn’t invest solely in your business, you should also avoid investing in only one or two portfolio options outside of your business. Justin looks at …



A SEP IRA allows Business Owners and the Self-Employed to contribute to their IRAs, using few nifty tricks. Justin explains why the SEP IRA or Simplified Employee Pension IRA is useful, the pros and cons over other IRAs, and when you might use one to maximize your IRA benefits.

For a complete transcript with additional resources, visit: https://financiallysimple.com/small-business-retirement-plans-comparison-pick-best/

Don’t forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening!

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COVERED TOPICS:
• Why Not Use a Regular IRA?
• What is a SEP IRA?
• What if You’re Self-Employed?
• Who Can Use a SEP?
• Starting a SEP
• The Pros
• The Cons
• Practical Planning Advice for SEPs
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If you found this video informative, SUBSCRIBE to be notified about more business growth and wealth building content.
https://www.youtube.com/c/FinanciallySimple?sub_confirmation=1

Want to learn more about getting your personal and business finances in order? Visit https://financiallysimple.com/! You can find awesome business content uploaded daily.

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BIO:
Justin A. Goodbread, CFP®, CEPA®, CVGA®, owner of FinanciallySimple.com, is a nationally recognized financial planner, financial educator, wealth manager, author, speaker, and entrepreneur. He has 20+ years of experience starting, buying, owning, and selling businesses. Winner of the Investopedia Top 100 Advisor award and Exit Planning Institute’s Exit Planner Leader of the Year.

USEFUL LINKS:
Publication 506: Publication 560, Retirement Plans for Small Business
Financially Simple podcast: https://financiallysimple.com/podcast/
Financially Simple on Facebook: https://www.facebook.com/financiallys
Financially Simple on Twitter: https://twitter.com/financiallysim
Financially Simple: The Ultimate Sale – Get the Book Here!
https://financiallysimple.com/book/

Financially Simple vlog and podcasts are recorded on:
Yeti Blue Microphone: https://amzn.to/2VB6V7x
Laptop: https://amzn.to/2F4Nj2c

DISCLAIMER:
Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.

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A SIMPLE IRA is a Savings Incentive Match Plan for Employee IRA, which is a tax-deferred retirement plan allowing for investment. Justin explains the pros and cons of a SIMPLE IRA, and why a Business Owner might choose one over another employee retirement strategy.

For a complete transcript with additional resources, visit: https://financiallysimple.com/small-business-retirement-plans-comparison-pick-best/

Don’t forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening!

Want to Learn more? Visit https://financiallysimple.com/ !
_________________

COVERED TOPICS:
• What is a SIMPLE IRA and When Should I Use It?
• IRA vs. SIMPLE IRA
• Requirements
• Pros of a SIMPLE IRA: Easy to Establish
• Tax Credits
• Contributions
• Cons of a SIMPLE IRA: Can’t Save as Much for Retirement
• It Cannot Be Rolled Over into a Traditional IRA Easily
• No ROTH Option

_________________

If you found this video informative, SUBSCRIBE to be notified about more business growth and wealth building content.
https://www.youtube.com/c/FinanciallySimple?sub_confirmation=1

Want to learn more about getting your personal and business finances in order? Visit https://financiallysimple.com/! You can find awesome business content uploaded daily.

_________________

BIO:
Justin A. Goodbread, CFP®, CEPA®, CVGA®, owner of FinanciallySimple.com, is a nationally recognized financial planner, financial educator, wealth manager, author, speaker, and entrepreneur. He has 20+ years of experience starting, buying, owning, and selling businesses. Winner of the Investopedia Top 100 Advisor award and Exit Planning Institute’s Exit Planner Leader of the Year.

USEFUL LINKS:
Financially Simple podcast – https://financiallysimple.com/podcast/
Financially Simple on Facebook – https://www.facebook.com/financiallys
Financially Simple on Twitter – https://twitter.com/financiallysim
Financially Simple: The Ultimate Sale – Get the Book Here!
https://financiallysimple.com/book/

Financially Simple vlog and podcasts are recorded on:
Yeti Blue Microphone: https://amzn.to/2VB6V7x
Laptop: https://amzn.to/2F4Nj2c

DISCLAIMER:
Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.

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In this episode, we have another special guest, Ashley Micciche. Ashley is the CEO of True North Retirement Advisors, an independent financial advisory firm managing $230 million in client assets, and located just outside of Portland, Oregon. Ashley shares some great insight into business owners, retirement, exiting your business and planning for the future.

Ashley specializes in designing, building, and implementing custom-designed exit plans to help her business owner clients secure their final and most important business decision – the exit from their business.

She is on a mission to transition 300 small business owners successfully into retirement in the next 10 years. This was a great conversation and a must listen!

All that and more on this episode of The Jerry Brazie Podcast!

Let us know what you think of the podcast! Find out more about Ashley and all of her social media links on our website, Podcast guests – Ashley Micciche

While you are there ask Jerry a question and get free advice from an active CEO!

Reach out at http://Jerrybrazie.com

Let us know if any of this hits home for you and please forward this to anyone you know that may be thinking about starting a company, is struggling with an existing one or is just interested in the game!

Enjoy!

Don’t forget to subscribe to the show!

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