Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Gen X business owners are "scrappy, independent folks," but that grit comes with a risk, said Kerry Hannon, a Yahoo Finance columnist and co-author of "Retirement Bites." The problem: While profits plowed back into the company can boost its value, they can also concentrate wealth in a single illiquid asset. In her book, Hannon noted that 42% of small-business owners worry they'll never be ...

Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. So far in 2025, more than 800,000 jobs have been cut in the US, including nearly 300,000 in the public sector. Many of those workers — displaced by buyouts, layoffs, artificial intelligence, or other factors — now face sudden retirement without the chance to prepare. In a recent episode of the Decoding Retirement podcast, Elizabeth Zelinka Parsons, author of "Encore: A High Achiever's Guide ...