Don't bank on your business to fund your retirement

Sheets of uncut $100 run through a printing press at the Bureau of Engraving and Printing Western Currency Facility in Fort Worth, Texas. Retirement can loom like a dark cloud for small-business owners.

Retirement can loom like a dark cloud for small-business owners. Many invest blood, sweat and tears - and every penny - into building their business but never set cash aside for the future.

A huge number of entrepreneurs have reported putting aside no retirement savings at all. For some, selling the business is their only retirement plan.

That's a risky bet, says Keith Hall, president and chief executive officer of the National Association for the Self-Employed.

"You're putting all of your eggs in one basket. Not just your current lifestyle, but your future," Hall says. "If something goes wrong, you sacrifice both."

And the list of things that could go wrong is long: Your business could fail. Your health could fail. You may not find a buyer. You may have to sell for less than you need.