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Finance CAPE Getting Young Entrepreneurs Ready For Retirement 

March 12, 2019

#TeamElevate is proud of our client Finance CAPE and all that they are doing to better the Tampa Bay area.

Finance CAPE is Tampa’s affluent Financial Concierge.

They guide clients to solutions that potentially lower taxes, increase profits and maximize wealth. With many areas of focus, Finance CAPE finds it important to remind young professionals and entrepreneurs on the importance of their retirement.

In fact, about 66% of people between the ages of 21 and 32 have absolutely nothing saved for retirement, according to the National Institute of Retirement Security. On top of rent and student loans, it can become almost impossible for individuals to shift their focus from their immediate finances to saving long term.

“Planning for retirement can be a very simple process. Solutions exist that incorporate leverage with easy to follow timelines for affluent entrepreneurs to take advantage of. The challenge is that so many entrepreneurs are consumed with building and managing their business(s) they fail to set aside resources that will take care of them decades from now.” – Travis Jennings, CEO

According to recent reports, only about one-third of young professionals are saving for retirement. Most have less than $20,000, but some have much more. The average account balance of a young entrepreneur is $67,891. With that being said, it is important to not only plan for the future but to educate yourself on how to handle and manage future financial success.

Luckily, Finance CAPE is here to help. They have created multifaceted solutions customized to you and your individual needs. To learn more about Finance CAPE and how their services can help you plan for retirement at any age, visit their homepage: https://financecape.com/

 

 

 

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This post was written by Elevate, Inc.

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