Watch out, Millennials! The OG “Me” generation is nipping at your virtual tails.
Yes, that’s right. Baby Boomers have found a new way to retire—by becoming internet entrepreneurs. Not all of them, but the numbers may shock you.
According to a recent study, nearly one in five people who remain working past age 65 are self-employed. This number does not include—and in fact exceeds the number of—independent contractors older than 65.
“There is an outdated idea that people want to retire at 60 or 65,” says Dave Smith, Founder of the Online Trainers Federation in Vancouver, British Columbia, Canada. “Many Boomers still want to contribute to society and the economy. They have a lifetime of knowledge and experience that they want to share with others. They don’t want to simply play golf and sit by the beach.”