Farmers and retirement: Can they go together?

Of course you love farming and can't imagine doing anything else, but let's face it: all that hard work has earned you the right to retire when the time comes. Sadly, though, as many farmers age, they express doubts that they can ever retire because of the tax burden they would face afterward.

CEO Darren Frye tells the story of just such a farmer, and how working with a Water Street Solutions tax advisor and legacy advisor afforded him a workable retirement tax plan and legacy plan. This cooperative planning gave him the confidence to schedule a date for the transition of his operation to the next generation, because he knew he could do so without fears of his own post-retirement tax burden.

Learn more in Darren's latest Farm Futures blog, "Finance First."