“Boomer Retirement Will Fuel Wave of Business Ownership Transitions”

Boomer Retirement Will Fuel Wave of Business Ownership Transitions,” by Marlene Satter, ThinkAdvisor

“A third of boomers expect to transition the ownership of their businesses in the next five years, thanks to the approach of retirement. That’s according to a SunTrust survey, which finds that 36% lack a specific plan for how to transition their business, and 21% admit they’re not financially ready to retire.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Seems like a good time and place to look for LTCI leads even if the business owners passed on earlier offers.