Boomers are Growing Segment of Aspiring Entrepreneurs

When you hear “small business start-up,” many people think of 30-something techies leaving bigger companies to go out on their own. Would it surprise you to learn that about one fourth of aspiring small business owners are in the 40 – 60 age bracket? “Of 76 million people above 50, about half have an interest in entrepreneurship,” noted Jean Setzfand, AARP’s vice president of financial security, in a USA TODAY article on encore careers. That high level of interest is one reason …

Age Wave Brings New Career Options for Boomers

A staggering number of people in the United States remain unemployed, with more workers over age 45 remaining out of work for a year or longer. As Chris Jansing explains in this segment of the NBC Nightly News “Road to Retirement” series, many Americans – especially people 50+ – are taking advantage of the age wave to reinvent their careers or strike out on their own. That was the case with Roseann Brown, 59, who now works as a fitness instructor to …

50+ Entrepreneurs Have Ripe Opportunities and Resources

If you’ve been itching to start your own business, you’re in great company. About 7.4 million Americans over the age of 50 work for themselves. And according to an AARP survey, one in six baby boomers who work for others hope to be self-employed at some point. To help, AARP is teaming up with the U.S. Small Business Administration to offer access to resources and expertise. October 2 marks National Encore Entrepreneur Mentor Day at more than 60 sites around …

AARP and SBA Join Forces to Aid Older Entrepreneurs

Whether it’s out of economic necessity or the desire to fulfill a dream, older Americans are increasingly considering starting their own businesses. Now AARP and the Small Business Administration have joined together to make it easier for would-be entrepreneurs seeking information on how to start and fund a venture.  The joint initiative, announced Wednesday, gives online users quick access to SBA financing information, resources to build a small business and mentoring programs. Entrepreneurs’ success stories will also be featured. “Millions …