A 62-year-old construction company owner was ready to step back and enjoy life, splitting time between the cottage and Palm Springs. He had built a strong management team but hadn't considered the impact of losing a key manager due to death, disability, or resignation. He was clear: he didn't want to return to daily operations if something went wrong.

While the business was successful, most of the profit was distributed annually, leaving limited assets outside of borrowing or a shareholder loan. We designed a key-person insurance and compensation strategy to provide financial security in the event of an unexpected loss. The funds would support short-term business stability, recruitment, and training. Additionally, an executive pension plan and structured path to ownership were implemented to strengthen retention.

With this plan in place, the owner had the confidence to fully embrace partial retirement, knowing his business is protected from unexpected disruptions and his lifestyle remains secure.