Hacker News new | ask | show | jobs
by cityhomesteader 2927 days ago
> I have had a hypothesis for awhile that the economy is going to see a lot more post-retirement startups.

I think you are overestimating the economic state of most retirees. Also, startups are risky. Old people do not like risk and venture capital isn't going to throw money at older people nearing the end of their life.

> I floated the idea of trying to start a business with one of her hobbies.

So self-employment rather than a traditional "startup".

> I know several retirees that have done something similar, most go into a consulting role/function helping newer companies since their knowledge and experience is their #1 asset.

So taking jobs from younger people? Don't see how good this is for society in general. You shouldn't be allowed to collect a pension/social security/etc and work. Just my opinion.

2 comments

I don't believe this article is using the same definition of "startup" that PG promotes. The article is really talking about small businesses. In this context, the OP's hypothesis makes more sense.
Consulting using 40 years of experience is something that a young person generally won't be able to do.
But consulting using your work experience of 10, 20 or 30 years is something that can happen and everyone in the economic rung could rise up 1 spot.

Also, your work experience in 1960s/70s isn't so relevant to most anything today. Especially in a technologically driven environment.

Besides most of these "consulting" work are government, union or private company jobs where nepotism or corruption plays a big role.

I know HN userbase skews very old, but old people "consulting" is just in everyone's way. Like I said, if you want to consult, then don't retire and keeping working. So exploit the system by collecting social security/pensions/etc and screwing over a tons of younger people.