MarketWatch Two-thirds of business owners made changes to their retirement plans, a TD Wealth survey found Supply chain issues and inflation are affecting business owners’ bottom lines — and their retirement accounts. Inflation topped the list of concerns for business owners, according to a TD Wealth survey of more than 700 business owners with $100,000 in investible assets and more than one employee. Economic uncertainty followed closely behind in the second spot. Readthe latest inflation report These fears are propelling some entrepreneurs to change their retirement plans. Almost two-thirds of the survey respondents said they tweaked their retirement plans in the last year, with nearly one third of them saying they changed their asset allocation, another three in 10 saying they postponed retirement and the same percentage of people saying they lowered contributions toward their retirement savings. The concerns aren’t far-fetched. Inflation hit a 40-year high last year and supply chain issues have caused shortages across the sectors, from baby formula to garage doors. See:Supply-chain snags are the new normal — here are some ways businesses can manage the problems Younger business owners were more likely to make changes. Half of the business owners 55 and older said they […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
