Can I Retire?
Our "Can I Retire" Package
WS CPAs & Consultants along with our affiliate company WS Wealth Management is helping business owners plan for the transition from business owner to retiree with a high degree of confidence. Our “Can I Retire?” package includes any or all of the following:
- A Qualified Business Valuation – to determine a likely sales price
- Assessment of Existing Buy-Sell Agreements, if applicable – to determine if any hidden issues are present, and to allow for amendment if the buy-sell agreement is not functioning as intended
- Calculation of after-tax sales proceeds - to determine the amount of cash that would be available for your retirement portfolio (in addition to other liquid assets, real estate, etc.)
- Social Security Claiming Strategy Analysis – to determine the best claiming strategy to reduce longevity risk (the risk of running out of money during retirement)
- Retirement Projection – to determine the probability of success given the assumptions and inputs included above
Approach retirement with confidence. Contact us today for your free initial consultation.
Frequent Mistakes Made by Business Owners Looking to Retire
- They hold onto their business longer than needed for fear the sale of their business will not produce adequate proceeds to generate sufficient income during retirement. The risk: you could have enjoyed retirement sooner!
- They sell too early thinking the sale proceeds will produce income for their retirement horizon, only to run short on retirement income in their later years.
There’s a sweet spot in between holding on to your business longer than needed, and selling too soon. It’s our job to help you time it just right.
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