None of us are getting any younger. 

Of course, nobody likes to be reminded of this fact — and when you are a business owner, thinking about what will happen to your business when you reach retirement age can be especially anxiety-inducing.

Joel Guth, CEO and founder of Gryphon Financial Partners, has seen countless owners grapple with this type of situation over the years and he helps clients approach future liquidity events holistically. In this episode of unsuitable, Joel will reveal how three simple questions can uncover your ideal course of action: when do you want to sell, to whom do you want to sell, and how much do you need to live the way you want after an exit?

Listen to this episode of unsuitable to learn:

• The key to a fulfilling life after you exit
• The pros and cons of different exit strategies
• The additional and ongoing expenses that many people don’t consider when thinking about retirement

Learn more about this topic:

• Read: “Exit Planning Options Every Business Owner Over 50 Should Know”
• Read: “SECURE Act Ushers In Substantial Retirement Plan Changes”
• Listen: “Episode 216: State & Local Tax Surprises That Hurt Business Value”



If you like this episode of unsuitable on Rea Radio, hit the like button or share it on social media. You can also use #ReaRadio to join the conversation. You can also watch the podcast in action on the Rea & Associates YouTube channel and access additional resources at www.reacpa.com/podcast.