If you’re a typical business owner, there’s a strong probability that you’ll be selling your business in the not-too-distant future. If you’re a younger entrepreneur looking to own your own business, you’ll soon have plenty of chances to buy one. And if you’re a CPA or financial advisor, you’re looking at a big opportunity to provide advice and service. Here’s why. You’ve heard of the "Silver Tsunami?" That’s a common phrase for the upcoming wave of older Americans who will soon dominate our demographics. And it’s not a joke. According to the Census Bureau , baby boomers — those born between 1946 and 1964 — will all be over the age of 65 within the next seven years. At that time, these older Americans will make up 21% of the population, up from about 16% today. By 2060, nearly one in four Americans ( 74 million ) will be 65 years and older, the number of those 85 or older will triple, and the country will add half a million centenarians.
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