Approximately 20% of the workforce who is aged 50+ is self employed and approximately one-third of those individuals became entrepreneurs after they retired. After a life time of business experience in various fields, workers are in a better position to start a business. Furthermore, most individuals who are retired have children who are older and are not depending on them anymore. At this stage in one’s life-cycle individuals tend to have more money and have had the opportunity to start saving. On the other hand, people over 50 may not have the flexibility to deal with the loss of savings and will not be able to return to salary jobs.

The first question a retiree must ask themselves is how much risk they can take. If they want to start a business, will it require them to invest all of their savings? While many business ideas are incredibly successful, many are not. Entrepreneurs must always be prepared for this no matter what age, but particularly if one is not in the state to re-enter the salary based work force.

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Written by Shosh Pincus

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PPM is the leading U.S. entrepreneurial firms that specialize in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of PPM have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, New York’s private placement leaders.’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.