How do I prepare for retirement if most of my wealth is tied to a future exit?

The biggest thing is to prepare for a variety of scenarios. If your retirement success depends on an exit, there can be unhelpful pressure in negotiations to just get a deal done. Saving some money early can mean you don’t need the business to sell for its absolute best.
You can also spend time preparing the business better for a sale. This can help increase the expected value. That’ll leave a higher chance that the offers you are able to find will be sufficient for your family’s goals.
The biggest risk would be doing nothing to prepare for an exit, and many times the tasks can have some of the best return on investment.

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