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Wednesday, October 01, 2014

Older Americans Shun Retirement at 65 for Risky Startups

Older Americans Shun Retirement at 65 for Risky Startups - Bloomberg

Older Americans such as Kinsey are increasingly shunning retirement to start companies because they see job opportunities limited after age 55.

They don’t have enough savings to retire comfortably or want to work for
themselves.

People from ages 55 to 64 started 23.4 percent of companies in 2012, up from 14.3 percent of new entrepreneurs in 1996, according to the Kauffman Foundation’s research.

This trend can be spotted in Finland as well. I guess, we're going to work as long as health enables and clients are ready to buy our services.


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