Choosing to own a business rather than retiring

NY Times: Small Business: In Life?s Second Act, Some Take on a New Role: EntrepreneurMore retired people are rejecting unfettered leisure in favor of starting up small businesses.

A majority of 800 workers surveyed last year for the John J. Heldrich Center for Workforce Development at Rutgers University indicated in their responses that traditional retirement was obsolete. Two-thirds expect to work after 55, and about 15 percent wanted to start their own business after they retired, the survey found.

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