Like his clients, John Nixon has a dream to retire and retire well. As a bank advisor, his clients belong to the bank, and not to a book of business that Nixon can sell to build his nest egg. So about a year ago, Nixon got creative.
Nixon approached Michigan Commerce Bank, where's he's worked for the last 15 years, with a plan he carefully crafted to ensure that he's paid even after he retires. While it's not a lump sum that some business owners often arrange for themselves when they're ready to slow down, it's a guarantee that he'll have, as he says, "some piece of the action" for later instead of just clearing his desk one day and walking into the sunset.
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