Partner Retirement / Buyout Plans: Current Trends - CPAReport
Partner Retirement / Buyout Plans: Current Trends - CPAReport
Partner Retirement / Buyout Plans: Current Trends - CPAReport
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How firms afford the buyout paymentsPart 1: The mathAssumptionsCash FlowComp = $300KAdd staff = $100KBenefits: 3 times =900K ÷ 10 yrs =90K per yearNo pay to ptr $300KRetire pmts (90K)Add staff (100K)Cash ahead $110KProblem: Retiree wants to continue his comp ANDstart receiving his buyout. That doesn’t work.THEROSENBERG ASSOCIATES LTD.www.rosenbergassoc.com