Checking the weather? Looking at a map of the world to plan your next vacation? Guess what—you’re using a model. While models can be useful for gaining insights that can help us make good decisions, they are simplifications of reality.
If someone were to offer you something free, you would probably run away as fast as you could. In most cases, fleeing would be the correct response. However, when it comes to setting up a retirement plan for your small business, fleeing may be costly. Let’s see why.
“The hardest thing in the world to understand is the income tax.” Albert Einstein