The 10 Best Low-Risk Business Ideas for Retirees The modern landscape offers an abundance of low-risk business ventures for retirees seeking purpose, flexibility and financial security.
By John Rampton Edited by Mark Klekas
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Retirement is an excellent time to explore long-held interests, leverage decades of experience and even generate supplemental income. At the same time, starting a business can seem daunting, conjuring up images of hefty investments and long hours. But what if you could achieve success without draining your nest egg or sacrificing your newfound freedom?
The good news is, you absolutely can. For retirees seeking purpose, flexibility and financial security, the modern landscape offers an abundance of low-risk business ventures. After all, you don't have to reinvent the wheel here. Instead, you must apply your existing skills, look at your interests, and build something new.
Related: This 79-Year-Old Retiree's Side Hustle Earns $4,000 a Month
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