Beyond The 401K Retirement Planning Strategy | Seamus Whalen

Retirement planning is about more than choosing investments. It's about creating a strategy that supports your business today while preparing for the future. In this episode, Seamus Whalen of Harbor Point Wealth Management discusses how business owners can think beyond the traditional 401(k) to build a retirement plan that aligns with their long-term goals. From understanding the different retirement plan options available to navigating fiduciary responsibilities and succession planning, Seamus breaks down complex financial topics into practical guidance for growing businesses. Whether you're a solopreneur, leading a growing team, or preparing for the next stage of your business, this conversation will help you make more informed decisions about your financial future. 𝗜𝗻 𝘁𝗵𝗶𝘀 𝗲𝗽𝗶𝘀𝗼𝗱𝗲: • Why retirement planning is more than investing for the future • Understanding 401(k), SEP IRA, SIMPLE IRA, and other retirement plan options • Choosing the right retirement strategy for your business • Fiduciary responsibilities every business owner should understand • How retirement planning supports business succession • Common mistakes employers make with retirement plans • Planning today for greater financial flexibility tomorrow 𝗧𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀 00:00 Introduction 01:05 Meet Seamus Whalen and Harbor Point Wealth Management 05:30 Looking beyond the traditional 401(k) 15:10 Comparing retirement plan options for business owners 28:45 Fiduciary responsibilities explained 40:20 Retirement planning and business succession 52:15 Final thoughts and key takeaways Connect with Seamus Whalen 💼 LinkedIn: https://www.linkedin.com/in/seamus-whalen-6a886014/