065: How to save for retirement when you’re self-employed - with Hilary Hendershott

The Simplifiers Podcast

Alright ladies and gents… it’s time to start simplifying money. More specifically, let’s talk about how to save for retirement, especially if you’re self-employed like me. My special guest today is a Certified Financial Planner.

Hilary Hendershott simplifies how to save for retirement when you’re self-employed.

In this episode, you will learn: • The best way to pay yourself, considering the pros and cons of being on payroll vs. taking owner’s draw • The different retirement account options that are available to you now ◦ How to decide what is right for you and your business • The best time to start saving ◦ Is there a 'right' age, or stage of your business? • How much you should save every month/quarter/year • How to save for retirement now, and still pay the bills

I’ll be the first to admit - I don’t have it all figured out myself, in this arena either. So, know that I was feverishly taking notes throughout this entire episode, as I’m sure you will be too. Grab a pen and paper!

Whatever you do, pinky promise you won’t throw your arms up and hit pause on your podcast player while listening to this one.

I made sure Hilary simplified the technical jargon, making it easy to understand. It means you can create saving systems in your work and in your life, starting today.

Plus, do you want to increase your wealth by $50,000+ in the next 24 months? You’ll definitely want to check out her 50k Wealth Multiplier experience.

This will help you commit to growing your net worth and putting a plan in place to get there.

#DoTheThing!

Show notes available with all LINKS mentioned here:https://thesimplifiers.com/podcast/hilary-hendershott-how-to-save-for-retirement