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The common age of retirement for a business owner
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[QUOTE="Godspower Gabriel, post: 339612, member: 107276"] As a business owner, the decision of when to retire can be particularly challenging. Unlike employees who may have a set retirement age or pension plan, business owners have to navigate various factors such as financial stability, succession planning, and personal goals when considering retirement. One key aspect that plays a significant role in determining the common age of retirement for business owners is the type of business they own and the industry they operate in. In general, the common age of retirement for business owners varies depending on the nature of their business and their personal circumstances. Some business owners choose to retire early, in their 50s or early 60s, while others may continue to run their businesses well into their 70s or even beyond. The decision to retire often revolves around financial considerations, health, family obligations, and personal preferences or choice. [/QUOTE]
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The common age of retirement for a business owner
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