Call it the “silver tsunami.”
Waves of aging small business owners are planning to retire over the next 10 years, according to new data from the 2026 Zelle Small Business Pulse Report, released on April 27.
Almost half (49 percent) of small business owners over the age of 50 say they will exit within the next decade.
Similar trends are unfolding across the broader workforce, with the share of Americans aged 55 and older working at the lowest level since April 2005.
Older entrepreneurs, meanwhile, could face a series of obstacles as they plan to take it easy in their golden years and hand the reins to the younger generation….