Straighten the Slouch
3 Tools to Help You Perfect Your Posture Slumping our shoulders is a form of poor posture that often results in neck, shoulder, and back pain. It can be a hard habit to break, so sometimes people need a little more than self-correction to improve their posture. Enter posture correctors: tools specifically designed to help correct a person’s posture. Though they should not be used regularly, they can help remind your body of what a correct posture is and how to maintain it without support. Here are three correctors that can help you. Truweo This supporter is for anyone who is on a small budget and looking to improve their posture. The Truweo posture corrector is used by wrapping around the shoulders — both over and under clothing — and can be adjusted for optimum comfort. It is lightweight, breathable, washable, and can be worn for all activities. Whether you are sitting at a desk, working out, or walking, Truweo will be there to offer you the extra support you need. Find it now on Amazon! Forme Wearing both a corrector and a bra can be uncomfortable, which is why Forme is perfect for anyone hoping to avoid that discomfort. The
Forme sports bra offers an under-bust band for posture improvement and also includes eight functional panels to help you stay comfortable, especially during physical activity. You can find this and other health- conscious clothing items at Forme.science. Aspen If you need lower-back support, this posture corrector is a great choice. Easily fitted under or over clothes, this device can ease back pain caused by fatigued muscles, spasms, or flare-ups in addition to offering lumbar support. The Aspen Lumbar Support is completely adjustable, so you are in control of the amount of pressure applied. To learn more about this item, visit the Aspen website at AspenMP.com. Before deciding which corrector you should use, talk to your doctor. They can help you choose the best option for this journey of posture correction and overall health improvement.
When Is the Right Time for You to Retire?
I listened in on an interesting conversation during a real estate closing earlier this year. My clients, who were in their early 50s, were talking with the seller, who was retiring, and asked him: “What is the right age to retire?” The seller paused, then responded that looking back, he wished he had retired five years ago. He was 65, and the pandemic had caused him to put all he was looking forward to in retirement on pause for about 18 months. He was concerned about what his health would look like when he was 67 and if all those bucket-list trips would still be possible. The seller’s words struck a chord with everyone in that room and should strike a chord with every business owner in their 50s reading this article. The craziness that was 2020 has led more and more people to believe that working until 65 isn’t the desired norm anymore. With that in mind, small-business owners should start making an exit plan early, since a substantial amount of their retirement nest egg will undoubtedly come from selling their business. For this reason, it’s critical for small-business owners to maximize the value of their business. But that will not happen overnight.
It’s a process that can sometimes take a couple years. However, if you take the proper steps and work with the right team, you will hopefully put yourself in a position to afford the retirement you’ve dreamed of, with enough time to check everything off that bucket list. The first and sometimes most important step is to get your house in order. This can include making sure all your company documents — such as ownership records, contracts with key customers/vendors, agreements with employees, and financial records — are all properly filled out, written, up to date, and in place. As a part of their due diligence, buyers will look at your contracts with key customers, vendors, and employees. Their condition can cause your business to go up in value in the eyes of potential buyers as well as make buyers’ banks more willing to lend them the money. On a similar note, if you’ve taken steps to minimize your company’s income for tax purposes recently, you’ll want to make sure the maximum profitability is more apparent to potential buyers. While it is okay to not show a profit when you own the business, it can cause issues when you’re trying to sell your business. It can impact how much bankers will feel comfortable lending, which could decrease the
potential purchase price and/or force you to seller-finance part of the purchase.
To prepare a complete plan and set yourself up for a successful retirement, you should meet with a team of advisors and come up with a strategy. This team should, at a minimum, include your attorney, your accountant, your financial planner, and a business broker. The attorney will help you get your documents and contracts in order. The accountant will help you square away your finances. Your financial advisor can help determine your retirement finance needs. And finally, a business broker can offer invaluable insight about how the market looks for your business now, what it could look like in the future, and overall, what you should do to position your business to maximize the sale price. It takes time to properly sell a business. You might not be looking to cash out and retire today, but you don’t want to leave money on the table when you do sell. So, start planning early and strike when the time is right.
Attorney with Hager, Dewick & Zuengler Green Bay, Wisconsin –Mike Demerath
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