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Podcast: Farm4Profit Podcast
Episode: Helping Plan for Life After the Farm: Financial Preparation for Retirement
Description: In this Farm4Profit Podcast episode, we shift gears from our usual focus on succession planning to tackle another critical piece of the future: retirement planning. While we often think of retirement in the context of W-2 workers with 401(k)s and pensions, farmers, small business owners, and self-employed professionals face very different challenges.Guest Levi Morrissey of Financial Architects, Inc. joins us to explain why retirement planning isn’t optional—and why it looks different for those who don’t fit the “traditional” mold. We explore the looming reality that two-thirds of Iowa farmland is owned by people...