Accenture offers accelerated performance equity awards for Managing Directors starting at age 50, which shows they know how challenging the role is to sustain. I’ve only worked with a handful of MDs who’ve stayed into their 60s as burnout becomes almost inevitable. The key is to maximize your Accenture MD compensation so you can reach […]
If you’ve been with Accenture for a while, there’s a good chance you have stock that’s significantly increased in value. I still remember my early ESPP purchases with Accenture when I purchased for around $20/share! Additionally, Managing Directors have many opportunities to accumulate stock with the VEIP, new MD grant, and equity awards. You need […]
President Biden ran a platform to raise taxes on the rich. That time has come, and you might be surprised to know you’re the target. The changes currently discussed are to increase taxes on incomes over $400,000, although it’s not even clear yet if that differs between single filers and married filing jointly. The tax […]
My wife and I are going to be old parents. We didn’t purposefully wait until our late-30s to have kids, but instead, we got lucky. We got lucky because, after many tests, our doctors told us we probably wouldn’t be able to have kids. Now we’ve joined the complex world of child-rearing, and I’m wondering […]
From serving on the boards of nonprofits to giving away 10% of their salary, I’m continuously inspired by the Accenture MDs I serve. My career as an advisor has taught me to make the biggest difference in the world by enabling my clients to reach their goals, including generous giving. While giving benefits the people […]
Saving too much in your 401(k) is impossible, right? We’re supposed to keep stuffing it until it looks like the Marshmallow Man marching through Manhattan! Maxing out contributions is smart early in our careers to get the full benefit of the Accenture 6% 401(k) match and experience the magic of compounding investments. It’s also quite […]
Most Accenture Managing Directors have inspiring stories of how they’ve found success at the firm. I’m continually amazed as I talk to my clients and hear their backgrounds. Something I’ve noticed over and over is that many Managing Directors are first-generation wealthy. Whether from a lower or middle-class background or different countries, they’re often the […]
Have you maxed out your Accenture after-tax 401(k) yet? If you’re new you have an excuse; otherwise… how many times do I have to tell you about this wonderful opportunity?? Just kidding, this fantastic investment option may not be suitable for you, and this post isn’t a recommendation for your specific situation. Some people love […]
“Retire” is a word that may not resonate with many high-achieving Accenture MDs. I try not even to use the word retire when working with clients. Instead, I focus on financial independence. It’s a subtle difference, but retirement often brings visions of sitting on the front porch and just killing time. On the other hand, […]
Accenture’s salaries aren’t as high as the Big 4 and other private consulting firms, but the multiple Accenture RSU plans can add up. Restricted share units (RSUs) are opportunities to receive stock that is awarded, granted, and vests if the receiver meets all requirements. As you get into leadership roles at Accenture, compensation focus switches […]