Stephen was a physician who had partnered successfully for many years. While both partners were similar in age, Stephen wanted the challenge of growing the operation while enabling his retiring partner to properly monetize his long-term business interest. Both physicians agreed upon a youthful candidate who could initially work with Stephen and possibly take over the practice completely in the long term. They agreed to engage him with meaningful managerial responsibilities while offering him an equity reward for his potential success. PAX in Action assisted with:
**Please consult tax and legal professionals before implementing certain strategies.
This is a hypothetical example for illustration purposes only. Actual investor results will vary.
With retirees living longer, more active lives, it’s essential for your retirement plan to work for you, helping you enjoy the life you’ve envisioned while also mitigating risk that could make your nest egg vulnerable. We help pre-retirees and retirees overcome the challenges of such a profound lifestyle change.
Working together, we talk about what you need and want your money to do for you and assess the likelihood that you’ll be able to achieve these goals. If you have to make tradeoffs, we help you there, too, showing you how small compromises might make a big impact over the long term. We also talk about the things that concern you, and strategies that can help alleviate those concerns. As your lifestyle changes, we update your financial plan to keep you moving in the direction you want to go.
We also strive to ensure that your wealth passes in the most efficient way to your heirs and philanthropic endeavors through estate and legacy planning. With our help, you have a full range of resources at your disposal.
Our goal is to help you live the life you’ve dreamed of and make your money last.