Early retirement requires a solid plan. For business owners who retire early, retirement does not mean quit working and stretch your money. It means setting up stable and sustainable income streams that do not require day to day involvement.
Early retirement may include the sale of the business, but it does not have to. Keeping the business operational without regular involvement is a viable option to fund early retirement. However, this is not enough. A solid early retirement strategy requires tools and investments not correlated to the business.
Thornwood Small Business Advisors helps business owners develop and implement a plan to fund early retirement. Everything starts with a vision. We help our clients to create that vision, estimate the financial needs to realize it and implement the strategies to fund it.