Retirement Entrepreneurs Blog

Comments, rants and tips on baby boomer small business ideas
and working after retirement.

Author: Ingvar - Retiree In Training  

Working after retirement

The economic downturn seems to keep people working longer. Many baby boomers work past normal retirement age, and that is a good thing - for the economy. Maybe not so good for us who want to retire? Apparently there is a looming labor shortage in Canada and many other countries. By having boomers work longer - it seems to postpone the inevitable labor shortage.

On the other hand, there are many boomers who do quit work and set up their own business. Which is also good for economy, especially if they create jobs. So my point here is that either way - working longer or starting your own business - helps the economy. I think that a person should decide on an emotional level which is best for them. If you like your job and can stay longer, do that. If you feel you want to venture out on your own is right for you, that's what you do. And finally, if you a just going to retire and not work any more, God bless you. Stats show that more than 50% of upcoming retirees will do some work after retirement. Which mean that if you get the RV and roam the country you are a minority!


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