“Encore” Careers - a Baby Boomer phenomenon
I was at a quilting class yesterday and the woman next to me was talking about working on a Master’s degree in administration online. She looked to be just a few years younger than me. Ok, I thought, why not? Then, in her next breath, she said she was going to “retire.” Now that’s interesting. She said she wanted to do something different and make more money in her “second career.”
Never before in history (prove me wrong, if you can) have so many people had so many career options so late in life (if you consider 45-62 old, which I don’t). Never before have there been so many people considering “encore” careers. The place I got my PhD in my 50s was full of people the same age as me. Talk about “non-traditional.”
I don’t plan to spend the next 30 years in a rocking chair, nor to I intend to out-live my retirement income, which could happen if I retire soon. 
That’s why many baby boomers are looking at small businesses as “encore’ careers. This article from the Charlotte Observer discusses the phenomenon and raises the possibility that many boomers may consider work in non-profit organizations, where there are many jobs that need to be filled.
What do you think? Are you considering an “encore” career? Is that career a small business venture? What community service activities would you consider?
Photo: iStockphoto
Tags: baby boomers, careers, community service, small businessRelated Stories
POSTED IN: Being A Boomer, Boomers nearing retirement, Businesses for Boomers
2 opinions for “Encore” Careers - a Baby Boomer phenomenon
Baby Boomer Home Business Tips
Mar 18, 2008 at 6:58 am
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Sabrina
Jul 21, 2008 at 2:04 pm
One tip is to offer customers a small monthly discount for direct payment into my biz account with terms of net 15. This has transformed my company!
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