Out of necessity and pure advantage, self employment numbers for those 50 and over have been on the rise in recent year. The skills and experience these “Baby Boomers” have to bring to their own business allows for flexibility and much needed financial growth. With the recent downturn in the economy, many are turning to one of the many self employment options available instead of taking an early retirement that was once quite commonplace among this age group.

The rapid increases in marriages and resulting births between the years of 1946 and 1964 have become known as the “baby boom”. These post World War II “boomers” are the largest generation of Americans, now in their 50’s and 60’s.

Many are either closing in on retirement age, or they are already there. With the economy in the position it is in, there are many retirees that are now choosing to stay in or rejoin the workforce for a number of reasons.

Some realize they are not quite ready to give up their career or the social opportunities in the workplace, while others have taken a financial hit in their retirement funds and other investments in recent years. They aren’t prepared to give up on the dream of the comfortable future retirement they believed they would have. As a result, their skills and strong work ethic are a perfect combination to be brought to any existing corporation or to launch a new self employment path.

After working for many years under someone else’s leadership, an ideal solution for the mature employee is to start their own home-based small business. This provides them with flexible employment, while still feeling as though they are productive, continuing to learn, and staying mentally stimulated as they get older.

With the expertise and experience they brought with them from their previous career, the options are immense. Self employment can allow anyone to perform a job they enjoy and are skilled in doing right from the comforts of home. The risk behind starting their own business may be higher for those 50 and over, but it can be empowering and highly capable of riding out the current economic roller coaster.

With the internet at the core of the business world, the opportunities for a web-based small business are vast. They require a minimal amount of initial investment, making them that much more appealing to those striking out on their own so close to retirement.

The cyber world provides a communication line between any new start-up company and the rest of the world, from potential clients to future business partners. The various social networking websites, such as Twitter and Facebook, have greatly increased the marketing opportunities by rapidly reaching any targeted demographic.

In addition, the internet allows entrepreneurs with a cost effective way to obtain much needed information as well as additional education and training to keep up to date with the latest business trends. It may take time to see substantial growth and profit from any fresh internet based business; however, those 50 and over have the strong work ethic and short term financial goals set in place to ensure their plans are a success.

Self employment might not be for everyone, yet the “baby boomer” generation is increasingly taking the plunge. If someone over 50 is looking for a job, the timing and affordability for being their own boss may never be better. It’s a great time to dive right in, be ready for the economic recovery, and build that nest egg back up for a retirement full of travel and leisure.

Careermode is an expert in choosing a career, or self employment and finding jobs for those over 50.

When looking for help with your career please visit us at http://www.careermode.com/

Author Bio: Careermode is an expert in choosing a career, or self employment and finding jobs for those over 50.

Category: Self Help
Keywords: self employment, earn at home, job opportunities, career , jobs for those over 50