Seniors Are Turning to ‘Silver Startups’ to Make Extra Cash — Here’s How
Key Takeaways
Around one-third of Americans in their 70s and 80s are running their own businesses, according to a new report.
The percentage of Americans ages 65 and older who are part of the workforce has almost doubled from 1985 to 2024.
Age isn’t stopping older entrepreneurs from launching new ventures.
About 30% of Americans in their 70s, roughly 1.3 million people, are running their own businesses, according to a recent Wall Street Journal report. That rate is almost twice as high as the percentage of self-employed Americans in their 60s, the outlet notes.