From the course: Financing Your Business

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Retirement funding

Retirement funding

From the course: Financing Your Business

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Retirement funding

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- We talked about retirement funds in the module about low credit score options. But again, remember, you can either borrow against retirement funds. You could cash them out, which could result in taxes or penalties in certain cases. Or you can move them into a type of IRA that allows you to invest in your business. All those come with significant risks. The biggest risk of course, is that you can lose valuable retirement savings that you may need at a time in your life when your income options are more limited.

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