Don't bank on selling your small business to fund your retirement
CBSN
Retirement can loom like a dark cloud for small business owners. Many invest blood, sweat and tears — and every penny — into building their business but never set cash aside for the future.
A huge number of entrepreneurs have reported putting aside no retirement savings at all. For some, selling the business is their only retirement plan.
That's a risky bet, said Keith Hall, president and chief executive officer of the National Association for the Self-Employed.
Between now and 2030, about 10,000 Americans will turn 65 every single day, highlighting a growing concern about the nation's preparedness for elder care often falling on the shoulders of their adult children. This has given rise to a term known as the "sandwich generation," defined as adults who find themselves caring for their aging parents while still raising their own children.
Washington — The Supreme Court is set to consider Thursday whether former President Donald Trump is entitled to sweeping immunity from federal prosecution for conduct that occurred while he was in the White House, thrusting the justices into election-year politics in a historic case with significant ramifications for his legal and political future.
A bottlenose dolphin was found shot to death on a Louisiana beach last month and now authorities are offering a $20,000 reward for information that aids their investigation into the incident. NOAA's Office of Law Enforcement said the dead dolphin was found on West Mae's Beach in the state's Cameron Parish with multiple bullets lodged in its brain, spinal cord and heart.