Possible, yes, and frequently used I’m sure, but entangles the retirees financial future with the business’s future — the retiree loses if the new owners make b

Possible, yes, and frequently used I’m sure, but entangles the retirees financial future with the business’s future — the retiree loses if the new owners make bad decisions, overleverage, and end up defaulting / bankrupting themselves. I don’t think it’s reasonable to force all businesspeople to retain this risk after disposing of the business concern.