JPMorgan warns retirement wave threatening American Dream as millions of small businesses face uncertain futures

Jamie Dimon Says the American Dream Is Slipping Away. The Dysfunctional Boomer Retirement Wave Is a Major Part of the Problem.

A new JPMorgan report ties its small-business agenda to a succession crisis most owners haven't planned for.

The $10 Trillion Small-Business Handoff Behind JPMorgan’s $80 Billion Lending Push

A succession problem spanning an estimated 12 million U.S. businesses and $10 trillion of assets is becoming a customer-acquisition test for JPMorgan Chase. The bank says 40% of small-business owners expect to retire within a decade, but only 8% describe themselves as fully prepared to transfer ownership. That gap is the concrete business issue inside…

JPMorgan warns retirement wave threatening American Dream as millions of small businesses face uncertain futures

JPMorgan warns that 70% of small-business owners lack succession plans as a retirement wave puts $5 trillion in enterprise value at risk over the