The 4 LTC OPTIONS + life Presentation
It often seems to many of us that, by necessity or not, we will have to work until we are dead and buried in the ground. Obviously, that is an overstatement of the truth, but in reality, most Americans retire by the age of 70. Now that number has increased over the last several decades due to a multitude of factors (improvement in healthcare, increased longevity, lack of retirement planning confidence, fear of outliving resources, etc.) Eventually, most of us make that decision to retire, and the business owners out there will most likely either close-up shop or pass the reigns to a successor. Succession planning is vital in maintaining business continuity and balance when an owner decides to finally hang it up and enter a life of leisure.
LIFE INSURANCE TYPES AND USES
It often seems to many of us that, by necessity or not, we will have to work until we are dead and buried in the ground. Obviously, that is an overstatement of the truth, but in reality, most Americans retire by the age of 70. Now that number has increased over the last several decades due to a multitude of factors (improvement in healthcare, increased longevity, lack of retirement planning confidence, fear of outliving resources, etc.) Eventually, most of us make that decision to retire, and the business owners out there will most likely either close-up shop or pass the reigns to a successor. Succession planning is vital in maintaining business continuity and balance when an owner decides to finally hang it up and enter a life of leisure.
Business Succession Planning
It often seems to many of us that, by necessity or not, we will have to work until we are dead and buried in the ground. Obviously, that is an overstatement of the truth, but in reality, most Americans retire by the age of 70. Now that number has increased over the last several decades due to a multitude of factors (improvement in healthcare, increased longevity, lack of retirement planning confidence, fear of outliving resources, etc.) Eventually, most of us make that decision to retire, and the business owners out there will most likely either close-up shop or pass the reigns to a successor. Succession planning is vital in maintaining business continuity and balance when an owner decides to finally hang it up and enter a life of leisure.