If You’re Over 50, Chances Are the Decision to Leave a Job Won’t be Yours
This was the headline of an article recently presented by ProPublica & the Urban Institute that analyzed data from the Health & Retirement Study. The article presents sobering data on our aging workforce’s chances to exit their careers gracefully.
If you want to read the article, here’s a link.
Here’s the eye-opening fact from the article…
Only 28% of long-time employees finish their career with a prosperous, self-directed exit.
If you are a CI business owner, chances are that leaving your business will not be a pinnacle or celebratory event either. You won’t be fired (by yourself), but running your business until quitting time does not mean that there will be a pot of gold at the end of the rainbow. We are not advocating heavy doses of lucky charms, but why not monetize your hard work?
Most owner/operators would be jumping for joy, if they received a payout equal to 50% to 90% of their Company’s annual revenues. And if the exit vehicle allowed time for loyal employees to improve their future, that would make the arrangement even more desirable.
None of this happens without a viable investment platform. Realizing the full value of your company can only come from equity market economics.
We are moments away from offering such a program. Why not plan the graceful conclusion of a well-deserved, hardworking, successful business career? If you are serious about your wealth management, you owe it to yourself to learn more about this practical and unique option.
For those of you over 50, it’s time now to start thinking about the economics of your exit strategy. But you don’t have to be over 50 to be interested in available options.
Have a plan for your swan song. You deserve a legacy reflective of the accomplishments of your lifetime. Steve and I are happy to explain how equity market economics can work for you.
Make 2019 the Year you get a plan to define your future. Happy New Year Everyone!
Keep it Vital.