When Your Career, and Retirement, Are the Family's Business

Most workers strive to keep their personal and professional lives separate. But for people who start or inherit a family business, the opposite is ...

March 25, 2023
12:32 PM

Most workers strive to keep their personal and professional lives separate. But for people who start or inherit a family business, the opposite is true: The personal is professional. And it gets very personal when it comes to retirement. Family businesses employ close to 60 percent of the nation's work force, according to calculations by management professors at the University of North Carolina at Charlotte and Kennesaw State University, in collaboration with the research and advocacy group Family Enterprise USA.

Martha C. White