If Your Income Stopped Tomorrow, How Long Would Your Lifestyle Last?
Picture a calendar that goes blank overnight. No new invoices. No client work. No “next month will be better” momentum. Just your household’s fixed bills, your recurring spending, and the real-world timing of when your money can turn into usable cash. That moment is a harsh test and a powerful planning tool. Modern retirement planning […]
Taming Concentration Risk: When Your CPA Practice Is Your Biggest Retirement Asset
Many CPA firm owners hold most of their net worth in the practice. Learn how to tame that concentration risk and build a more resilient retirement plan.
Your CPA Firm Buyout vs. Your 401(k): Integrating Practice Equity Into Your Retirement Plan
Learn how to integrate your CPA firm buyout with your 401(k) to manage risk, taxes, and cash flow in a cohesive retirement strategy.
Stop Overpaying the IRS: How CPAs Can Use Qualified Plans to Reshape Their Own Tax Picture
Learn how CPA firm owners can use SEP, SIMPLE, 401(k), and cash balance plans to cut taxes now while building a stronger retirement.
New Year, New Priorities: A 12‑Month Retirement Action Plan for CPA Firm Owners
New Year, New Priorities: A 12‑Month Retirement Action Plan for CPA Firm Owners It’s early January. You’ve wrapped up year-end work, deadlines are piling up again, and your firm’s numbers look strong. Then it hits you: you’ve spent another year fine‑tuning strategies for everyone else while your own retirement strategy is still on the “later” […]
Advanced Bond Laddering Strategies: Strengthening Retirement Income
Retirement planning is ultimately about building confidence in your long-term financial picture. Markets move, tax laws change, and interest rates rarely sit still for long. In this shifting environment, many practice owners look for strategies that provide steadiness and a way to create order and predictability without sacrificing flexibility. Bond laddering has long been one […]
Part 2: Coordinating Retirement and Succession for Your CPA Practice
Integrating Retirement Planning Across Succession Phases In Part 1, we looked at how retirement planning strengthens the core pillars of a CPA firm’s succession strategy, from retaining key staff to easing buyouts and managing liquidity. Today, we’re taking the next step: walking through each phase of a real-world succession—Preparation, Transition, and Post-Transition—and showing how retirement […]
Two Plans, One Future: Coordinating Retirement and Succession for Your CPA Practice
Aligning Retirement Plans with Key Succession Goals Many CPA firm owners are in their 50s and 60s, nearing the typical retirement horizon. Yet studies indicate that only about 41% of accounting firms have a formal succession plan in place. icpas.org That means a majority haven’t fully mapped out who will take over the reins when […]
Year-End Moves for CPA Firm Owners Nearing Retirement
The year is drawing to a close, and if you’re approaching retirement, you could be facing a unique window of opportunity. You’re likely closing client books and sending out tax reminders. At the same time, you could be implementing strategies that reduce your own taxes, bolster retirement savings, and set the stage for a smooth […]
Social Security for CPAs: Why the 2025 Rule Changes Rewrite Old Strategies
In 1983, Congress rewired Social Security to survive another generation. Among other shifts, that law set a slow-motion rise in the Full Retirement Age that would not fully hit until those born in 1960 reached their sixties. The last decade brought more change. Popular maneuvers like file-and-suspend and restricted applications faded into the history books, […]
