Retiring at 65 is not the same as it Sitting around was decades ago. For one thing, we’re living longer and retiring later—one study found that Americans india phone number library staying in the workforce cite financial, social, and work satisfaction as reasons not to rush to retire. And when they do, some take on part-time work for the same reasons. For people who have worked their entire lives, the passive life of retirement might feel like the opposite of freedom.
Retirement is the perfect time
to quash the “should haves” and “would haves.” Starting a business in retirement is the opportunity to live out the dreams you may have put on hold for “someday.” Today is someday. And entrepreneurship carries less risk than it might have in your youth, keeps you active, and can help offset the cost of a passion project.
We talked to one small business owner who did just that—and found happiness in working after retiring from working. We’ve also compiled a list of retirement business ideas, tips, and advice for starting your own project.
Meet Maximus and Penelope
“Alpacas are just really nice, neat animals,” says Bernie. Maximus & Penelope
When Bernie Rothrock retired after 30 years of teaching, he accepted his brother-in-law Tom’s offer to manage his alpaca ranch. The ranch prepare for your english bac with 6 smart tips was Tom’s own keep-busy project after retiring from an executive position in corporate travel. “He was the kind of guy who could not sit still,” says Bernie. “When he retired, he had this three-acre awb directory garden and eventually said, ‘I’ve got to raise something.’” Tom heard that alpaca ranching was a good investment and started with a small herd.