Starting a business in retirement is a road less frequented by many individuals, and while it might seem impossible at first, thousands of retirees start businesses every year, leveraging their experience and knowledge to get their small empire off the ground.
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At first, it might seem strange having to start a business in a time that’s considered your ‘Golden Years.’ Many tend to use this time to relax, travel, take up new hobbies, learn new skills, connect with friends and family, and some even continue working as remote entrepreneurs or freelancers.
While it’s all possible to get the most out of your retirement, the bad news is that current economic conditions have pushed many former retirees back into the labor force. As the cost of living rapidly rises, in part due to lasting effects caused by the global pandemic, many are starting to…