Some people dream of the day that they can wake up with absolutely nothing to do. For them, retirement consists of sleeping in, lounging poolside, and doing as little as possible for the rest of their lives. But for most people, a life with nothing to do doesn’t sound so pleasant.
And with 72 percent of retirees concerned about running out of money during their retirement, doing nothing simply isn’t an option. After a few vacations and re-evaluating what retirement means to them, many people decide to nurture a business idea they have had in mind for a while—or turn a newfound hobby into a money-making venture. Seriously—if you are an entrepreneur, it is hard (if not impossible) to turn that off.