Townie® Poll

Transitions

Poll conducted from 4/20/2016 To 5/13/2016

Do you have a plan in mind for retirement?
179 total votes
56%
Yes
44%
No
What percentage of your retirement funds will be the proceeds from the sale of your practice?
123 total votes
59%
Less than 10 percent
27%
11 to 25 percent
7%
26 to 50 percent
7%
More than 50 percent
Do you currently have one or more associates?
124 total votes
23%
Yes
77%
No
Are you an associate?
124 total votes
13%
Yes
87%
No
What is your planned retirement age?
125 total votes
11%
50-55
17%
56-61
27%
62-65
45%
66+
How do you imagine you will sell your practice when it is time to retire?
123 total votes
7%
Younger family members will take over
23%
Sell to associate or partner
59%
Sell to someone I don't know yet
7%
Sell to corporate entity for best offer
4%
Close the practice
Do you use a Defined Benefit Plan in addition to a 401k to fund your retirement?
124 total votes
20%
Yes
80%
No
Would you sell your practice to a national chain at retirement time?
1 total votes
100%
Yes
0%
No
Do you play more than 10 rounds of golf in a year?
1 total votes
0%
Yes
0%
No
100%
I don't play golf
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Sally Gross, Member Services Specialist
Phone: +1-480-445-9710
Email: sally@farranmedia.com
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