#baby-boomer-retirement

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Startup companies
fromEntrepreneur
1 week ago

A 'Silver Tsunami' Is Coming for Small Businesses - and Millions of Jobs, Say Experts

Nearly half of U.S. small-business owners are 55 or older with only 54% having succession plans, threatening 2.3 million businesses and millions of jobs as Baby Boomers retire.
Bootstrapping
fromBusiness Matters
2 weeks ago

The Great Handover: How the Baby Boomer Exit Is Reshaping Business Ownership

Millions of baby boomer business owners are simultaneously approaching retirement, triggering the largest intergenerational transfer of private business assets in modern economic history, fundamentally reshaping private ownership structures.
Retirement
fromFortune
3 weeks ago

The great (small business) wealth transfer: McKinsey sees $5 trillion of baby boomer companies coming up for sale over the next decade | Fortune

Six million small businesses face ownership transitions by 2035, representing $5 trillion in value, but 92% currently close rather than transfer, threatening economic stability.
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