Why So Many Small Business Owners Delay Retirement Planning and How to Change That
If you’ve been meaning to “get around” to retirement planning for years, you’re not lazy. You’re human. Setting up your retirement plan can certainly feel like something that is low priority.
Why it happens
Unpredictable income: hard to commit when revenue fluctuates.
Decision fatigue: too many plan types, not enough clear answers.
Short-term focus: client work feels urgent, the future doesn’t.
The problem? Time passes either way.
The mindset shift
Think of retirement planning as business infrastructure, not a luxury.
You wouldn’t skip invoicing or taxes, right? Your future deserves the same consistency!
Start small, automate and build confidence
You don’t need to max out contributions. Start with a percentage of income and automate it. Once the system is in motion, the mental load disappears.
Why clarity matters
When you finally see your retirement plan as part of your business design and not something separate — it clicks. You’re not just saving for someday. You’re designing future freedom. And future you will thank you for that!
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Igor Aronov, the publisher of this content, is a registered investment adviser representative and owner of FAR Financial Inc.