Good evening

Gentlemen,

Within 5 years I intend to retire with a modest benefit. That does not mean "quit working". I hope to have a small business operating or "if all else fails" a part time job. 

What small business would you pursue under these circumstances, and why? I understand everyone has different skills and backgrounds, I'm just looking for a list of ideas gentlemen may have on this matter. Thanks!
".

Views: 88

Reply to This

Replies to This Discussion

Women live longer than men therefore I'm guessing the male escort business must pick up in the retirement years.

But seriously, there is no safe small business to go into. I see how a list would help you, if you have a passion for something then do it. But do it for the hell of it and not for the financial security. Most start-ups fail. Furthermore, if my father's experience is the norm then starting a business means making no decent income for the first few years while you are trying to build it up. Hardly the way to go in retirement (unless "income" is not needed).

Beyond that, I'd aim for an industry that you are experienced in and try to get a consultant business going in that industry. 

RSS

Latest Activity

Daniel Rodriguez posted a discussion

Should we move to discord or at least to another 'free' forum template site?

As the title says. Ning has had recurring problems over the years.Should we move to discord (basically a big chat room) or make a new forum on Proboards, phpBB , or the like?Plus it'll allow us to have a fresh, new start. 10 years of dead accounts and old posts and old pictures can be archived and we can start anew.See More
6 minutes ago
Shane replied to Portnoy's discussion History in the group The Great Debate
"You want me to turn my current leisure reading away from the political melodrama?"
41 minutes ago
John Muir replied to Portnoy's discussion History in the group The Great Debate
"If you've never read "Confederates In The Attic" by Tony Horwitz, you should -I think you would enjoy it"
47 minutes ago
Pale Horse replied to Portnoy's discussion History in the group The Great Debate
"Way ahead of you on that. Except I've been applying it mostly to people like Al Sharpton."
47 minutes ago
Shane replied to Portnoy's discussion History in the group The Great Debate
"As I think on this, because being a Yankee I've never thought on it, I think the term "carpetbagger" should make a resurgence."
56 minutes ago
Shane replied to Portnoy's discussion History in the group The Great Debate
"Whoa"
1 hour ago
John Muir replied to Portnoy's discussion History in the group The Great Debate
"Interesting Link - scroll down and look at the chart"
1 hour ago
Shane replied to Portnoy's discussion History in the group The Great Debate
"Interesting. I saw a list of legal codes showing that Confederate and Union soldiers were no different, under the law. But that didn't start until the early to mid 20th century."
1 hour ago

© 2017   Created by Brett McKay.   Powered by

Badges  |  Report an Issue  |  Terms of Service