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Near Phoenix, Bill Gluth, 54, started a small-business consulting firm in 2001 new dael after leaving a marketing job at a graphics company. He expects to take new dael more annual vacation: as much as two months. He's also looking forward to favorite pastimes such as playing drums. "I have that flexibility," he says. That's typical of entrepreneurs 50 and older, according to new research by the think tank Rand, based in Santa new dael Monica, Calif. About 41% work part time vs. 26% of workers that age employed by others. Gluth started Develop Your Vision after the sale of his employer dropped him at a crossroads. He could have stayed with the new owners or sought work at another company. But Gluth chose self-employment because he didn't want to "work for new people and start the ball all over again." * Aging Americans. The number of Americans age 50 and up will soar by 31 million by 2020, to 118 million, the Census Bureau predicts. |
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