EP02 - Why Most Business Owners Screw Up Retirement (And What You Can Do Differently)_Video

EP02 How Creatives Can Actually Retire: Roth IRAs, 401(k)s & Tax-Saving Strategies | Let’s Get Fiscal 🎙 Hosted by Anastasia, Myiesha & Danielle | Coterie Tax and AdvisorySelf-employed? Freelancer? Scaling a creative business?You need a retirement plan—and no, “buying a new laptop every year” doesn’t count.In this episode of Let’s Get Fiscal, we’re talking Roth IRAs, SEP IRAs, Solo 401(k)s, and real-world tax strategies that help creative entrepreneurs build a future without burning out. You’ll learn when and how to start saving (even if you’re still in survival mode), which account is best based on your income, and how to stop overpaying the IRS while still keeping your cash.We also break down how to avoid surprise taxes in retirement, what “required minimum distributions” really mean, and how to balance saving with scaling your business. ⏱️ Timestamps00:00 – Intro: Retirement planning for creatives00:41 – Why self-employed people get left behind01:29 – Social Security, tax myths, and long-term reality04:58 – Roth IRAs explained (and why they’re a game-changer)08:56 – SEP IRA vs 401(k): Which is better and when?21:02 – Can you combine retirement accounts?32:20 – What most people don’t know about Social Security40:16 – Advanced strategies: pensions, Mega Backdoor Roths & more52:38 – Top takeaways53:19 – Final thoughts & what to do next 📬 Got a question for the show?Send it here → https://www.coterietax.com/qa🎧 Want to hear more episodes?Stream the full series → https://www.coterietax.com/podcast📊 Need help creating your tax-smart retirement plan?Book a call → https://www.coterietax.com👍 Like this video🔔 Subscribe for more tax, finance, and small biz strategy💬 Drop your questions in the comments—we might answer them on a future episode!