Some would-be retirees are forgoing sailing around the world in lieu of starting their own business - by choice.
Instead of settling into a retirement lifestyle, some would-be retirees are opting to use their capital to continue working - but this time, on their terms.
Of the 78 million baby boomers in the U.S., 76 percent intend to keep working in their retirement years, according to Merrill Lynch's new retirement study.
And more than half of those surveyed plan to change their line of work or have already taken steps to start a new career.
In fact, many baby boomers near retirement age are deciding to start their own business.
"It's a trend we're seeing lately," said Maria Coyne, the executive vice president for KeyBank and head of Key4Women, Key's women-owned business banking program.
See full Article.
Posts
