Other Boomers will build home-based businesses, using the Internet. Anyone on Twitter is familiar with the hordes of Internet-based marketers, selling products or services through multi-level marketing schemes, affiliate programs and their variants."
Three years ago, a BMO study found most Canadian Boomers planned to work "in some capacity" after traditional retirement, with the top two reasons being "to stay mentally active" and "stay in touch with people." Money was third. In 2009, the three were reversed, with more than 80% citing the need to "earn money" in retirement or semi-retirement.
The growth in self employment in this age group, often because of difficulty in finding a job after 50 or not finding one that is flexible enough is testament again to this development.
The 20th century model of education, paid work and retirement is collapsing in front of our lives.