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The Importance of Having a Financial Plan
Manage episode 415933948 series 1016685
Why Did Kyle Switch from a Simple IRA to a 401k? Should You Too?
Join host Kyle Hunt as he delves into the world of retirement planning with his longtime friend and financial advisor, Nick Hopwood of Peak Wealth Management.
In this episode, they dive into the fundamental aspects of retirement, highlighting the significance of cash flow and building a balanced sheet. They explore various retirement plan options tailored for small business owners, including SEP IRAs, solo 401(k)s, and SIMPLE IRAs.
Nick sheds light on the advantages of diversifying retirement investments with properties and stresses the importance of having a solid financial plan in place. Additionally, they touch on the state of the current market and discuss the crucial element of trust in one's financial plan. If you're ready to navigate the terrain of retirement with confidence, this episode is a must-listen for valuable insights and expert advice.
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Explore the vast array of tools, training courses, a podcast, and a supportive community of over 1,900 remodelers. Visit RemodelersOnTheRise.com today and take your remodeling business to new heights!
305 episodes
Manage episode 415933948 series 1016685
Why Did Kyle Switch from a Simple IRA to a 401k? Should You Too?
Join host Kyle Hunt as he delves into the world of retirement planning with his longtime friend and financial advisor, Nick Hopwood of Peak Wealth Management.
In this episode, they dive into the fundamental aspects of retirement, highlighting the significance of cash flow and building a balanced sheet. They explore various retirement plan options tailored for small business owners, including SEP IRAs, solo 401(k)s, and SIMPLE IRAs.
Nick sheds light on the advantages of diversifying retirement investments with properties and stresses the importance of having a solid financial plan in place. Additionally, they touch on the state of the current market and discuss the crucial element of trust in one's financial plan. If you're ready to navigate the terrain of retirement with confidence, this episode is a must-listen for valuable insights and expert advice.
-----
Explore the vast array of tools, training courses, a podcast, and a supportive community of over 1,900 remodelers. Visit RemodelersOnTheRise.com today and take your remodeling business to new heights!
305 episodes
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