Greetings, fellow entrepreneurs and campground connoisseurs! If you’re like me, you’ve probably spent more time than you’d care to admit wondering if Bigfoot might be lurking around your campground. But today, we’re here to discuss a beast of another kind: the elusive creature known as “Retirement Planning.”
Now, don’t get spooked just yet. I know retirement planning can seem about as pleasant as finding a bear rummaging through your picnic basket. But fear not! Here at Campground Accounting, we’ve tamed the wilds of finance so you don’t have to. Our team is made up of accounting aficionados and RV enthusiasts who believe in two things: there’s more to taxes than being on time, and there’s more to life than business.
Our leader, Donna, is the Jane Goodall of accounting. She brings a progressive perspective to the field, exploring every possible option for growing your robust campground business. Donna never misses an opportunity for experience, exploration, or understanding. She’s all about helping you press play on your bigger ideas and breathing life into your campground ownership.
Now, let’s get down to the nuts and bolts – or should I say s’mores and marshmallows?
Retirement has evolved; it’s about newfound flexibility and freedom. But how do you save for it when running your own business? Well, it’s simpler than setting up a tent in the dark. Start by setting aside a portion of your income. Many business owners have the wrong retirement plan; they’re like campers who’ve brought a beach umbrella instead of a rainfly.
That’s why we recommend considering a Solo 401(k) for flexibility. You can contribute over $26,000 a year, and there’s a loan provision for emergencies. Imagine that – a retirement plan that’s more reliable than your old camp stove!
What’s even better, you can roll all your IRAs and 401(k)s into one plan for simplicity. It’s like having all your camping gear neatly packed in one place. No more fumbling around in the dark for that elusive flashlight.
So, don’t miss out on saving for retirement; it’s a crucial part of securing your future. Unless, of course, you fancy spending your golden years battling raccoons for the last can of beans.
Want more information on the Solo 401(k)? Check out my detailed blog post. Or better yet, reach out to us. We’d be happy to help you implement this plan. After all, we’re here to make sure your business journey is a walk in the park!
Thanks for stopping by, and have a great day! And remember, the only thing scarier than Bigfoot lurking in your campground is missing out on a secure retirement.
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Donna Bordeaux, CPA with Campground Accounting
Creativity and CPAs don’t generally go together. Most people think of CPAs as nerdy accountants who can’t talk with people. Well, it’s time to break that stereotype. Lively, friendly, and knowledgeable can be a part of your relationship with your CPA, as demonstrated by Donna and Chad Bordeaux. They have over 50 years of combined experience as entrepreneurial CPAs. They’ve owned businesses and helped business owners exceed their wildest dreams. They have been able to help businesses earn many times more profit than the average business in the same industry and are passionate about helping industries that help families build great memories.