POST 50
10/21/2014 10:02 am ET Updated Oct 21, 2014

Reinvention Strategies For Your Career

Kathrin Ziegler via Getty Images

According to a recent survey conducted by MetLife, more than 34 million adults age 50+ in the U.S. want to start their own businesses and have outpaced younger people in doing so. “A desire to be your own boss at this stage of life and create a business that's meaningful has pushed more people over fifty to pursue the entrepreneurial path,” says career expert Kerry Hannon. But she cautions, “It's not an easy road. Money is the biggest stumbling block. Most start-ups are underwritten with personal savings and many entrepreneurs don’t pay themselves for a year or more to allow their businesses to gain traction.“

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