Self-employment can provide an alternative career transition to retirement, but only for those in good health and in high-paying careers, research from Trinity Business School reveals.
People in unstable, low-paying careers, however, opt to just retire, according to the study published in the Cambridge Journal of Economics.
The study examined whether self-employment helps bridge the gap to retirement among those aged over 50. It drew on interviews with 123,000 people aged 50 plus in 21 European countries including Ireland, France, U.K., and Sweden (Survey of Health, Ageing and Retirement in Europe [SHARE] project).
Original Article: Phys.org