Early Retirees In New Ventures
The New York Times:
You, too, can be an entrepreneur. Many of them are part of the first wave of America’s 76 million baby boomers who are taking early retirement and turning their hobbies into small businesses. Very small businesses.
They say their microbusinesses are a way to give focus to a favorite pastime, get more zest out of life and make a little money. The best part is they do not care if the ventures fail.
Carl Boast, owner of Peaceable Kingdom Photos in Moneta, Va., was making a hefty salary in New Jersey as a neuroscientist in the pharmaceutical industry when he decided he “wasn’t a fan of working for a living” and began plotting his departure.
Against the advice of his financial adviser, who worried about how much money he was letting slip away, he quit his job five years ago at age 55 and moved to a five-acre property […]
Original post by Rich and software by Elliott Back