Why is partner's comp so secretive?

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New partner about $500k k1 income. Subtract fed and state and local taxes plus self employment tax, health insurance, life insurance, 401k etc

likehelpfuluplifting

I think after 5 it will be closer to 1M assuming increasing share values over the next 5 yrs. To Partner 4s pt, it’s not all cash. A ton of deductions including repayment of loan which increases over time (potentially) in order to get more partnership units.

I am a Deloitte partner with 30 years of experience. I have been making more than 500K for 15 years. I lead large accounts and currently make 1.7M When I retire I will receive 2.7 M and 170000 COLA ADJUSTED for the rest of my life. I will have over a million in capital. I have enjoyed life and I am not one of the folks living in a 500000 house. My net worth is over $20M. I have worked very hard for 30 years, but it has been fun because I work with the folks on this App! I do look forward to retirement in a few years. It has been worth it!!!

likehelpfulupliftingfunny

Single? Sorry I just had to do that

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But what’s the partner buy in at the big4?

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Not worth worrying about.

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My partner says “don’t ask me how much I make because it’s none of your business”

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You can find out what it is if you searched hard enough

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That’s what they want you to think 🤔

likefunny

Some are making close to 1 million per year!!!! Hard work can pay off-sometimes at least!!

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They are owners of the firm. That’s why

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Because it is

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How much different is rsm/BDO/GT from b4 - average service line partners.

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It’s not. What do you want to know?

I think Google just offered to search for the answer.

funny

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