As a realtor, how do you approach Retirement and Tax Planning?

[Jacob Mallison]

I see a common trend among realtor's:

1. Real Estate brokerages do not offer 401(k)/IRA programs, thus the responsibility of retirement planning falls entirely upon the realtor.
2. Unlike more traditional employers, realtor's do not have the luxury of receiving their salary/commission tax-withheld. 

With that said, I have a few questions:

• As a realtor, how do you currently go about your tax and retirement planning? 
• How could a financial advisor provide benefit to your life and business? 
• If a financial advisor approached you, what type of skills/products would convince you to take a meeting?

Thank you for your input! I am trying to get a better understanding of the industry.

[Russell Brazil]

I have a separate account for taxes. When I receive a commission, I just move my estimated amount for taxes into that account, then pay my taxes quarterly. I have a SEP IRA. I put some money in that every year, sometimes I max it out, sometimes I buy real estate instead.