October 4, 2022
Many shop owners’ retirement plan is getting out of their business feet first. That is a plan, but it is not a good plan. Retirement is unavoidable, it may feel far away from now, but it’ll come, and spoiler alert, it is not cheap.
In this episode, Jim Groves joins us to talk about the endgame, a sensitive subject that many business owners prefer to ignore or leave for later. Jim is a Sales Manager at ATI and a Senior Business Consultant and Instructor with over 25 years of experience in the automotive industry.
Throughout our conversation, Jim shared his thoughts on why business and shop owners should include building their retirement plans in their daily operations. He explained why it is so easy to be dragged by getting things done and forgetting about retirement and why it is not a good idea to “leave it for later.”
Jim also shared some real-world examples of how retirement might be a little bit more expensive than we think, the difficulties we might find in the future if we don’t prepare ourselves properly, and much more.