Retirement Planning

While individual entrepreneurs have a variety of assets and investments, business owners typically find that their business is their most valuable financial asset. Getting the most from this asset—by closely monitoring ongoing business performance, taking advantage of the best tax-saving strategies for establishing and maintaining retirement accounts, applying insurance and investment strategies to best meet business and lifestyle goals, and creating a business succession plan—can maximize funds available for retirement.

Developing and implementing retirement planning strategies can benefit business owners in a number of ways:

• ensure effective use of 401K plans, profit sharing and other financial tools to best prepare for retirement;
• actively manage business assets to take advantage of tax deferrals and succession planning strategies to convert businesses to cash for retirement needs; and
• keep the focus on business owner goals for retirement with coordinated planning efforts to maximize retirement assets.

How can Mack & Conway help?

We keep the focus on the “big picture” of overall planning to best meet the needs and goals of each business owner client. Because we don’t work on commission like some financial professionals, we can be objective as we assist our clients in evaluating their retirement planning options. Based on your goals, we’ll assess your situation and help you identify and implement retirement plans, business succession plans, and insurance and estate planning strategies tailored to your unique needs. We see our role as your advocate—working to meet your needs—and ensure that all facets of your retirement planning are fully integrated to meet your retirement goals.

For more information or to arrange a no obligation initial consultation, call Mack & Conway at (815) 485-8600 or e-mail us at cmack @mack-conway.com or rconway@mack-conway.com.