The transition to retirement can take many paths. A couple years ago, Joelle Abramowitz at the University of Michigan described three groups of self-employed workers over 50. The bulk of them work independently, either as independent contractors or doing odd jobs, and are more often minorities, with very low pay and few employee benefits. Think Uber driver. The other two groups are business managers and business owners, who are predominantly white, male and in good financial shape. In a follow-up to her earlier research, Abramowitz dug into 24 years of data to understand the self-employed older... Continue Reading

September 20th, 2022