- Roth IRAThat's one brief example. So, you know, typically, if you're a smaller-sized business, you're going to have personal guarantees out there. I've had personal guarantees for the business's rent, cars, for sure any traditional lines of credit from a bank. I'm trying to think what else I personally guaranteed. But it's pretty normal that everybody will ask for it. And so what that means of course is that if the business goes under, it's pretty much going to take you down. And that's why they want your personal guarantee. And so because of that, I've always, always made sure that I understood what one, what can I keep, assuming it went really, really, really bad. So I can't recommend it enough, an IRA, a Roth IRA, 401K, save.
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