#218 Jesse Hurst: Why Your Business Isn't Your Retirement Plan (And What Entrepreneurs Must Do Instead)

Retirement planning for entrepreneurs requires starting now—not after your business stabilizes. Financial advisor Jesse Hurst, CEO of Impel Wealth Management with 38 years of wealth management experience, exposes the costly mistake entrepreneurs make when delaying retirement savings. Waiting just 10 years can eliminate decades of compound growth you'll never recover. Discover the three critical wealth buckets every small business owner must balance: retirement accounts (401k planning and IRAs), real estate assets (including business properties), and business entity value that creates sellable equity. Learn why starting with 5% of net income and incrementing annually beats waiting to save larger amounts, how to manage debt service versus retirement contributions in early business years, and why building systems that run without you determines whether your business has sale value. Hurst's pop culture financial education approach makes holistic financial planning accessible through memorable frameworks. Perfect for entrepreneurs building sustainable wealth through business succession planning, investment management, and estate planning strategies. This conversation delivers actionable retirement income planning for business owners who recognize protecting what they've built matters as much as growth.