Fifty is the new thirty. OK, so I’m not the first person to use that phrase.
Boomers going into un-retirement. OK, so I’m not first for that phrase either.
Still, both phrases have validity.
Much has been written about the maturing American (and British and European) populations. But the reality is that people look, act and often feel younger today than we might have at the same age a half century ago.
And it’s a definite trend that Baby Boomers are continuing to work longer, even after “retiring.” An interesting twist to this trend is that the numbers of Baby Boomers starting businesses is on the rise, as well, according to figures from the United States Department of Labor:
Growth in self-employment among those ages 55-64 is on the rise, with roughly 1.8 million choosing that path, a growth of 29 percent since 2000. Those over 65 are following close behind with a similar growth of 18 percent.
Read the article about this phenomenon of Baby Boomers starting businesses by Monica Wright in Good Age. Monica had contacted me and I was happy to give her some background for the article.