Retirement: The Next Great Venture for Business Owners

Retirement isn’t just an endpoint - it’s a transformation. As a business owner, you've spent years navigating challenges, seizing opportunities, and shaping something meaningful. The idea of simply slowing down, filling your days with golf and idle afternoons, probably doesn’t align with the drive that built your success.

Instead, think of retirement as your next great business venture, but this time, the investment is in yourself. The skills, discipline, and vision that fueled your company can now be channeled into creating a fulfilling new chapter. Whether that means mentoring the next generation of entrepreneurs, launching a passion project, or embracing a completely different lifestyle, this is your opportunity to redefine success on your own terms.

Building a Purpose-Driven Retirement

Of course, financial security is a key factor in retirement planning, but let’s go deeper—what will truly make this phase of life feel rich and rewarding? Many business owners find satisfaction in staying engaged, not because they need to, but because they want to. Maybe you’ve always envisioned teaching, consulting, or guiding startups through their early challenges. Perhaps it’s time to pursue a passion that’s been sitting on the back burner—writing a book, building a hobby farm, or finally dusting off that guitar in your office.

The beauty of retirement is the ability to craft a life that excites you every day. It’s about designing a personal “happiness portfolio,” where business acumen meets personal fulfillment. And just like in business, diversification is key—mixing different activities, interests, and challenges to keep life engaging and meaningful.

Retirement with a Sense of Adventure

For many, retirement and travel go hand in hand. But why settle for the usual tourist routes when you can blend adventure with purpose? Imagine consulting internationally, sharing your business expertise while immersing yourself in new cultures. Or teaching business principles in an exotic location, turning your knowledge into a global impact.

And don’t overlook the value of traveling with family. Multi-generational trips can be a way to bond, pass down wisdom, and create lasting memories. After years of building a business, this is your time to invest in relationships and experiences that truly matter.

Redefining Your Legacy

Perhaps the most overlooked aspect of retirement is the opportunity to shape your legacy. What impact do you want to leave behind? This could mean launching a charitable foundation, supporting up-and-coming entrepreneurs, or simply being present for the moments that matter most with family.

Retirement isn’t about stepping back—it’s about stepping forward into a life you design with purpose. The same vision and determination that built your business can now build a future that excites and inspires you. This is your time, your investment, and your next great adventure. Make it count.

Image for Garrett Harper, CFP® CEPA® ChFC®

Garrett Harper, CFP® CEPA® ChFC®

Garrett, a University of Kansas graduate with nearly 15 years of entrepreneurial experience, brings a friendly, down-to-earth approach to financial planning. His relaxed style breaks away from traditional financial stereotypes, making clients feel at ease. Outside of work, Garrett enjoys traveling with his wife of over 20 years, their four children, and tackling DIY projects. An outdoor enthusiast and dedicated family man, he recently led his family on a mission trip to Guatemala. Garrett’s blend of expertise and genuine camaraderie makes him a trusted partner in navigating your financial future.