This is the problem with being a new self-employed businessman – you have to balance keeping the business going and saving for your own retirement. It is a big problem: see this post in USAToday by Rodney Brooks for more details:

http://www.usatoday.com/story/money/columnist/brooks/2013/12/16/small-business-pension-401k-retirement/4030873/

As the article says, it is a fine line for most self-employed. Just remember not all your retirement income will come from the business, a fair percentage will have to come from outside savings. Trust me, I am fighting with this issue myself. Just remember that planning and budgeting with a financial professional can find a middle ground that can help balance both ends of this teeter-totter.

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