Friday, December 03, 2010
Boomer startups and encore careers
Long time Madison and Wisconsin contributor Nino Amato is currently the President and Executive Director of the Coalition of Wisconsin Aging Groups.
There was a very good interview with Mr. Amato in the November 2010 Madison Magazine.
The discussion of an aging workforce can be looked at from many ways. Certainly there is a financial risk to individuals and to the system.
However, starting new careers and new businesses may be one way older Americans can meet this challenge.
As Mr. Amato closes out his interview, he cites a movement I'm seeing in many areas of my economic development work, especially in the field of artisan food entrepreneurship through the Wisconsin Innovation Kitchen.
“'Baby boomers don’t think they’ll be ‘old’ until they’re eighty,' Amato says. Citing survey research conducted by Merrill Lynch, Amato says 76 percent of baby boomers intend to continue earning income full- or part-time after they retire from their main line of work. Many plan to begin new professional careers or start their own businesses."
For anyone thinking about starting their own small food enterprise to help carry them into and through their older years, the Wisconsin Innovation Kitchen may be a great option right in our own back yard.
Sounds like a plan...
Interview with Nino Amato in Madison Magazine.
Coalition of Wisconsin Aging Groups. Focusing on issues that impact older adults and people with disabilities.
The Wisconsin Innovation Kitchen. Mineral Point, Iowa County, Wisconsin.