Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Gen X business owners are "scrappy, independent folks," but that grit comes with a risk, said Kerry Hannon, a Yahoo Finance columnist and co-author of "Retirement Bites." The problem: While profits plowed back into the company can boost its value, they can also concentrate wealth in a single illiquid asset. In her book, Hannon noted that 42% of small-business owners worry they'll never be ...

Group 1 - The analyst has over 20 years of experience covering airlines, specifically LATAM Airlines (NYSE: LTM), and anticipated that many airlines would seek Chapter 11 protection during the Covid pandemic due to high debt and fixed costs impacting cash flow [1] - The analyst has a diverse background in analyzing various industries including airlines, oil, retail, mining, fintech, and e-commerce, along with macroeconomic, monetary, and political factors [1] - The analyst has lived through multiple crises, including the tequila crisis, the dot-com bubble, 9/11, the Great Recession, and the Covid-19 pandemic, which has contributed to a robust base of experience applicable across multiple disciplines [1] Group 2 - The analyst holds a beneficial long position in the shares of LTM through stock ownership, options, or other derivatives, indicating a personal investment in the company [2] - The article expresses the analyst's own opinions and is not influenced by compensation from any company mentioned [2]