Wednesday, February 25, 2015

Retirement: Why small-business owners don't save

Baby Boomers are becoming entrepreneurs at an amazing pace. By some accounts they are starting 50% of new businesses. The U.S. Small Business Administration says more than 5 million Boomers 55 and older either own businesses or are self-employed.

There are plenty of reasons for this rush to entrepreneurship: They have the skills, they have the dreams and many aren't ready to retire. Also, many don't think they have opportunities to continue to work in Corporate America once they get to a certain age.


Damian J. Sylvia
Retirement Income Solutions