After Sale Transition
Helping You Turn Your Business Sale into Retirement Success
You’ve spent years building and growing your business. Professionally, it might be all you know.
So, when you start thinking about selling your business, it might feel a little like jumping off the high dive into the deep end of the pool. Don’t worry, we have a life jacket for you.
While you’ll only do this once, we help business owners through it all the time. And after doing it for more than 30 years, I know it’s about much more than numbers on the page. It’s a huge life adjustment and takes careful planning to make a smooth transition from the sale of your business to a successful retirement.
In guiding you through this process, we focus on four key aspects:
- First, protecting your assets by securing them in stable investments, while you get used to your new way of life.
- Second, setting up a solid cash flow to support your new lifestyle.
- Third, keeping an eye on taxes so they don’t take such a big chunk out of your sale price.
- And eventually, adding in investment tools for growth, to help your wealth outpace inflation for the long haul.
Oftentimes, business owners receive a lump sum payment once the company is sold. This capital can then be invested using a multi-layered approach to help get the most out of it by investing part of the money to cover tax obligations, using CDs and tax-free corporate bonds to provide income, and designing a portfolio of hand-picked investments for diversification. And it’s never a one-and-done scenario. We continue to review and manage the strategies as your life continues to evolve.
In the case of that client and many others, it’s such a great feeling to know they feel confident diving into the next chapter of their life. If you’re about to take the plunge, call me first so we can help tailor these strategies to you and your business.
At Wheeler Wealth Management, we want you to have a level 10 confidence that you’re on the right track.