Can we sell our business and live the life we want?

A couple sold their successful business and were eager to retire and start living the life they had always talked about. They received $5 million from the sale and wanted to make sure they could fund their dream retirement and still help their grown children. Their advisor had conducted a one-time, templated retirement and tax projection. It showed they could retire comfortably but would deplete most of their capital, leaving little for their children.

We worked in collaboration with their tax accountant to understand the tax planning strategy used as part of the business sale. We built a comprehensive financial plan, corrected tax assumptions, and provided a clear and accurate picture of their long-term financial outlook.

Confidence in their future, expanded retirement plans and a drastically different financial outlook, with an estate projected to reach $15 million. By correcting tax assumptions, our strategy significantly improved their long-term financial outlook. The couple gained confidence in expanding their retirement plans, providing more for their children and initiating philanthropic efforts – knowing they would have more than they would ever spend.