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Debunking the Myth of a Boom in Boomer Entrepreneurs

Entrepreneurship has been having its own kind of senior moment. Organizations including the Kauffman Foundation and AARP have shown increased interest in helping older Americans start businesses, while others have painted senior entrepreneurs as an untapped source of economic growth.

It’s an appealing idea for policy thinkers and workers alike: Out of necessity or by choice, three-quarters of boomers expect to remain in the workforce past the age at which they’re eligible to receive Social Security, according to Gallup. For many, a stint running their own ventures may prove an appealing way to stay active and pad savings for an eventual retirement.

via Debunking the Myth of a Boom in Boomer Entrepreneurs – Businessweek.

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