Avoid These Retirement Planning Mistakes as a Startup Founder
As a startup founder, your focus is likely on growing your business, securing funding, and scaling rapidly —but have you considered your retirement? While the entrepreneurial journey is exciting and consuming, failing to prioritize retirement planning can have serious consequences. Without a well-thought-out strategy, founders risk reaching retirement age with insufficient savings or no exit strategy for their business. In this article, we’ll highlight common retirement planning mistakes that startup founders make and provide tips on how to avoid them. Planning for retirement as an entrepreneur may seem challenging, but with the right approach, you can secure a financially stable future without compromising your business ambitions. 1. Neglecting to Separate Business and Personal Finances One of the most frequent mistakes startup founders make is failing to separate personal and business finances. Many entrepreneurs pour their personal savings into their business, believing it will yiel