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Using your retirement to finance a franchise?

womanwithparentsinbackground19152698.jpgIf you have always had the entrepreneurial spirit and you have a strong desire to start your own company, how will you acquire the funds you need to pay for it? To finance a franchise, you are going to need to make a significant investment with your own money. Since lenders are not offering money to new businesses right now, you may have another option to finance a franchise, your retirement.

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Senior discounts

oldermanpointing30841371.jpgMany companies offer a senior discount for people over a certain age, mostly after the age of 62. How much of a discount is offered is going to depend on the company. You can find senior discounts ranging from free to a certain percent off. The best thing about senior discounts is it allows seniors, who for the most part living on a fixed income, the chance to save a ton of money.

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Comparing retirement accounts

womanwithparentsinbackground19152698.jpgThere are several different retirement accounts to choose from. It can be kind of confusing for a person trying to decide what retirement account would work best for them. Each type of retirement account has good and bad attribute. This article compares some of the popular retirement accounts available to people.

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