Retirement for Farmers: Zero-Based Spending Plans

Penn State Extension

Finding the money to set aside for retirement can be difficult, especially if you are a self-employed farmer. Farmers may often wonder, am I investing too much money into business assets and not enough into my individual, or family retirement accounts? The first step to funding your retirement is to develop a personal spending plan that ensures you are providing for your present needs in addition to setting enough money aside to ensure financial security in retirement. Retirement for Farmers: Zero-Based Spending Plans introduces zero-based budgeting as an easy and useful tool to accomplish these objectives.

When

Wed., Apr. 13, 2022

(10:00 AM – 11:00 AM ET)

Format

Live Online

via Zoom

Who is this for?

  • Farm, food, and natural resources-based business owners
  • New and beginning farmers
  • Farmers undergoing Farm Succession planning
  • Retiring farmers

What will you learn?

  • Why saving for retirement in addition to investing in farm assets reduces your risk exposure
  • How to develop a spending plan that balances daily living expenses with the need to save for retirement
  • The basics of zero-based budgeting

This event is being offered at no charge to participants. Registration is required to receive the link to access the webinar. Registrants will also receive access to the webinar recording.





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