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How is the young guys suppose to carry on?
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R.Boss
Posted 2/9/2019 09:27 (#7308519 - in reply to #7307998)
Subject: RE: How is the young guys suppose to carry on?


sand85 - 2/9/2019 00:21

It’s financially fair if Jr was paid a market wage or equivalent value/equity shares during the period for which he was an employee/partner. If Jr worked under market value and gave up 20 years of climbing the ranks in a different career field it’s a pretty raw deal, worse given the family dimension.
...


Yup, common story. Scrape by for years to subsidize somebody else's retirement.
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