‘Show Me the Money!’ Partners Balk at Retirement Planning

Targeted retirement age as CPA ages
Targeted retirement age as CPA ages

Developing successful strategies for changing expectations.

By Marc Rosenberg
CPA Firm Retirements & Buyouts

The concept of retirement for CPAs is rather amusing.

Younger partners (say, under 40) insist with unshakable confidence that the oldest they will ever work is 50 or 55. They have other things to do with their lives (own another business, do charity work, pursue hobbies, etc.) besides working at a CPA firm and they want to pursue these interests while still young.

Older partners (say, over 55) see themselves working indefinitely, with 65 being the earliest age that they will even consider retiring.