Financial independence, or the point at which you can (if you want) step away from your practice and never work again, living off your portfolio or income stream, is something that appeals to many who are self-employed. But when you reach that point will depend on how quickly you want to reach Financial Independence, how much you save and how much you spend. But you can take steps now to to better position yourself, both as you build assets and when you're ready to spend them. This video takes you through six steps to reaching financial independence, discussing Solo 401ks, Roth IRAs and taxable accounts. If you want to understand the difference between the Solo 401k and the SEP IRA, watch here: You can read more of my thoughts on financial topics related to private practices and small businesses here: ... ( read more )
LEARN MORE ABOUT: IRA Accounts
CONVERTING IRA TO GOLD: Gold IRA Account
CONVERTING IRA TO SILVER: Silver IRA Account
REVEALED: Best
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)