Why Retirees Have a Hidden Edge as Entrepreneurs

Opinions expressed by Entrepreneur contributors are their own.

Retirement used to be seen as the end of the hustle, a time to slow down and relax. However, retirees are abandoning that old playbook. Most retirees want to have the time to do the extra things they could not in their lifelong careers.

Due to better health, economic uncertainty and the desire to stay connected to mainstream life and purpose, many people decide to start something new instead of winding down. In fact, 79% of small businesses are owned by people over 50, either baby boomers (30%) or Generation Xers (49%).

Retirement can be a great time to launch a business.

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