Southern Coast Home Design - Index

Southern Coast Home Design - inSouthern Coast Home Design, Decorating, Gardening, Cooking, Real Estate, Lifestyle and more. - Index

However, if you have a significant amount saved, your Financial
Advisor can work with your risk profile and income objectives to
determine whether you can liquidate some retirement investments
or leverage your non-retirement investments. Borrowing against
your assets rather than liquidating them can preserve your nest egg
and provide tax benefits. If your portfolio earns a reasonable rate of
return, the gains may cover some or all of the interest you pay on
the loans. By the same token, if you liqui-
date some of your retirement assets, you
lose the future tax deferred growth of those
assets and may incur a significant tax liability.
Be sure to explore governmental
resources for raising capital. Look to local,
state and federal agencies as well as the
U.S. Small Business Administration for
guidance on how to properly raise funds for
your new business.
Angel Investing
While starting a business can be an exciting retirement decision,
it is also a large commitment to make. Many retirees start businesses
they are passionate about, but the responsibilities involved can be
very overwhelming. One alternative to starting your own business is
to finance a friend’s or an adult child’s business. By becoming a
partner in someone else’s endeavor, you can avoid making the business
a full-time job while still staying financially involved at an
entrepreneurial level.
62 SOUTHERN COAST HOME DESIGN www.SouthernCoastHomeDesign.com
Your Financial Advisor, along with an attorney and tax advisor,
can work with both you and the business owner you are supporting
to establish financial and legal agreements around ownership and
profit sharing.
Whichever path you take, partnering with a knowledgeable
Financial Advisor who you can trust can help you to make informed
decisions about your retirement goals. Know that when the time
comes and your business is up and
While starting a business can
be an exciting retirement decision,
it is also a large commitment to
make. Many retirees start businesses
they are passionate about,
but the responsibilities involved
can be very overwhelming.
Americas at Merrill Lynch.
running, your Financial Advisor will
continue to provide you with advice
and guidance to help you maximize
your investment. From helping you to
forecast the financial outlook of your
business, establish objectives, and
determine the company’s risk profile
to managing the balance sheet, your
Financial Advisor will be there for
you and your new business every step
of the way.
Mac Gardner is Senior Vice
President, Head of Private Client
CONTACT A MERRILL LYNCH FINANCIAL ADVISOR:
815 South Palafox Street, Pensacola, FL 32502, 850-434-7075
133 Racetrack Road NW, Ft. Walton Beach, FL 32547, 850-864-6115
480 Jenks Avenue, Panama City, FL 32401, 850-913-2812
601 North Section Street, Fairhope, AL 36532, 251-990-2361
3674 Dauphin Street, Mobile, AL, 36608, 251-345-0234