Author : Your Countdown to Retirement
Date : June 13, 2016
Category : Redefining Retirement
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Are you thinking about starting a business in retirement? You’re not alone. Baby Boomers are starting businesses in record numbers.
An Entrepreneur.com article (https://www.entrepreneur.com/article/245366) cites several reasons why Boomers are likely to succeed in their endeavors.
“If you think the largest demographic in the entrepreneurial world is millennials, think again. Baby boomers are actually the most powerful entrepreneurial group, giving up retirement for Career Number Two (or three, four and so on.) The idea of retirement isn’t what it used to be, whether by need or by choice.
Some baby boomers simply can’t afford to lounge around the house, playing with grandkids and working on their golf swing, while others simply don’t want that laid back lifestyle. The American Dream never ends, and baby boomers are finding that they are in the perfect position to build their own business.”
Here are some things to consider if starting a new business is part of your countdown to retirement plan: