As they approach retirement age, many baby boomers are considering alternatives to retirement.
A growing number of them plan to forgo golf, travel and other pursuits to continue working through what have long been considered the retirement years. According to a report by AARP, 80 percent of those born from 1946 to 1964 plan to work after retirement.
Some are taking this time of their lives to start a small business. In fact, AARP also reported that 40 percent of U.S. entrepreneurs are over 50.
For those thinking to take advantage of this trend, Paul and Sarah Edwards, self-employment lifestyle experts and authors of “The Best Home Businesses for People 50+,” offer some advice. “Starting a small business out of the home at any age can be very challenging but rewarding,” says Edwards. “However, Sarah and I have developed a few tips for our fellow boomers to keep in mind when embarking on this exciting new phase of their life.”
-> Do it Your Way. A home- based career allows you to decide everything from how much time you want to dedicate to your business to where you want to be located.
-> No More Office....