Most small business owners in the country feel optimistic about living comfortably in retirement, yet fewer than a third of them have an ownership transition plan for their business, according to a recent Gallup poll.
Retirement is different for a traditional employee of a major company as opposed to a small business owner. Both can typically retire with a 401k or simple IRA, but for business owners in northeast Florida the futureworth of their business can be a big factor in their ability to retire comfortably.