My husband and I have a goal that we would like to retire before the age of 50.
I am a cannabis dispensary owner.
I am looking at how to make this business my retirement plan. Do I eventually sell it? Lease it? Still work until I die? I am not really sure. What I am looking into is a 401K for dispensary owners. I want to know how to save properly for the future. I found a cannabis 401K provider and I am working with them. What is great is that they do all sorts of cannabis software. They offer cannabis retirement planning and I am fully taking advantage of that. They have everything all online for me. I really don’t have to do anything. I just take a little bit of money and squirrel it away every month. The cannabis retirement planner handles my 401K for me. I wouldn’t really know what to do with it. He also recommended that I buy some stocks in other cannabis businesses to broaden my wealth. He said I should have my income come in all areas of the cannabis business, just just one brick and mortar building. It is quite daunting working towards retirement when I am only 30 years old. I have only 20 years until my goal though. I know my husband is going to be all set to retire. I don’t want to be the last man standing and be stuck working until I am around 65 years old. That would really stink! I am thankful that there are at least cannabis dispensary retirement planning services out there.