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Are You a Baby Boomer and Is Retirement for You?

Written by: Debbie Ruston

Article Overview: Many baby boomers are starting second careers and self employment is very appealing to them.

Are You a Baby Boomer and Is Retirement for You?

I recently read an interesting article on retirement, with some equally interesting statistics from the survey they conducted....Nearly 1/5, or 18% of men aged 45-60 who either retired early to start their own business or plan to do so said they expect to work for themselves "until they die". Among the boomer businesswomen, 12% said they will run their own businesses indefinitely.

The survey also found that this baby boomer group plans to work longer than ever. One in five said they expect to run their business for more than a decade while 38% targeted a working span between 6-10 years.

What the survey found is that many baby boomers are looking at this next stage in life as an opportunity to start new careers and new businesses. When these folks were questioned on why they want to keep working, 46% of men and 34% of women said it was mainly to stay occupied, .....27% of men and 31% of women said it was something they had always dreamed of......and 26% of men and 25% of women said they needed the money.

The most important thing for anyone to remember, whether you are a baby boomer or not.....everything in life is a CHOICE.....so many people dream of being their own boss, starting their own business, but at the same time THINK they have no choice....that they have to keep working at their present job, and let every possible fear hold them back from doing what they truly want. Take control of your life! Stop waiting for the "right time"....you may be waiting forever! If you have the entreprenuerial spirit, follow your dream and stop letting circumstances or fear control you.....Life is a choice.....YOUR CHOICE every step of the way.....so choose well and start living your life on purpose!

In your service,

Debbie Ruston

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Article Tags: baby boomers, self employment



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