How to start a business after retirement

For Bernie and his herd, they’re happy after retirement | breaking honduras phone number library even and having a little extra money to travel and enjoy a peaceful retirement. Growth isn’t on his radar at the moment, but he’s still a budding business owner, after all. “I really did not have that entrepreneurial bug, if you will,” he says. “It was happenstance. Things just work out.”

Bernie Rothrock walks from the mailbox

n a snowy lane, follow by two young children
Bernie’s business helps him fund an interest and still spend plenty of time with his grandkids. Maximus & Penelope
In Bernie’s case, entrepreneurship found him. He start a business as a way to keep himself busy with his newfound idle time. For others, entrepreneurship may be a means to an end. According to one 2019 survey, 64% of Americans will retire with less than $10,000 in savings. The same survey also found that this group is unconcern—likely as most of them will continue to work after retirement.

Demographic may also be well suit

to entrepreneurship. They have more life experience and possibly more business experience and fewer responsibilities. The risk may be much tennis, an english discipline that came from france lower, too: for many in this age bracket, pensions can provide backup, the kids are on their own, and living expenses are typically lower.

Before we tell you how to get start, let’s first awb directory talk about why launching a business after retirement might be right for your lifestyle.

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