Self-Employed.

[Krista Kirby-Dempsey]

I think it shouldn't be decided one way or the other for them. I think retirement should be a personal choice. Either way, planning is needed.

[Kelsey Roy]

Can one even afford to retire in this economy? I figure, if I can find a “job” that I enjoy, retirement will just have to be scaling back, less hours, more vacations!

[Jann Vincent Capitle]

Self employed retirement? i think should not be, it can be inherit to a family member, specially business or farming or anything could be!

[Israel10]

The nature of an entrepreneur's retirement is different from the normal working class. Because he owns the enterprise, he cannot indefinitely take his foot off the gas or retire but he is allowed more freedom and leisure because of those who work for him.

[Cocobutta]

Personally, I think retirement is necessary for everyone but it might not be the same for everyone. For some people, retirement might mean leaving the job completely to stay home to relax and travel. While for others it might mean taking a less active role in their jobs or businesses. I think the second category is where most entrepreneurs fall in.

[RoyHunter2000]

To leave a legacy for the following generation and receive a portion of the annual profits, entrepreneurs should retire by handing the company over to their successors.

[ikechukwuamarachi+55]

I believe entrepreneurs also retire. There comes a stage in one's life that requires rest and less stress. This is the point when the business and its management are passed down to another person.

[Soraya Bayah]

If retirement means a complete stop from doing any work, then I think they shouldn't really stop everything. I mean, entrepreneurs live a life full of researching and working, which comes with a lot of stress, and they should aim to also retire. I am positive that whoever makes the proper steps will eventually find something that can aid them in passing time while doing something they like and find no difficulty in doing so. The goal is to limit stress and focus on living a fulfilling life, and many might find doing entertaining work does not contradict the fact they are retired.

[Lindzy Herbrand]

I think that retirement is a choice that the employed and self-employed can achieve if that is what they want and work towards. The old saying “Do what you love, and you'll never work a day in your life” leads me to believe that many entrepreneurs are likely to be fulfilled by their work and may not want to give it up. The varied levels of responses here are a fine example that some enjoy the idea of retirement and some do not, and that's okay.

[Missing Person]

Not all entrepreneurs actively manage the businesses they own and some owners work so few hours per week that they have practically retired. For example, an entrepreneur who owns small local kiosk or water dispensary store may employ only 1-3 people and those individuals may require so little supervision that the entrepreneur may only have to work a few hours a week or even a few hours per month. The age, type and complexity of a business determines the number of hours per week or per month that an entrepreneur works and I believe that it's the number of hours that will determine whether or not most people will think the entrepreneur has retired or not.

Curiously, I rarely see landlords described as entrepreneurs, but landlords do fit most dictionary definitions of an entrepreneur. But landlords barely work at all and in the country where I'm from (Kenya), most landlords employ people to go and collect monthly rents and organize Airbnb rentals on their behalf. When I was studying at a Canadian university, I remember one of my landlords employed a maid to clean the house that he was renting out to university students like myself. Like most entrepreneurs, landlords also assume most of the risk of the business (renting out the house or apartment) by using their savings or taking out loans as individuals, which they will pay back on their own. In conclusion, if you think of landlords as entrepreneurs, then I would argue that landlords work so few hours per week that most of them have practically retired.

In my opinion, many entrepreneurs have already retired because their businesses are passively rather than actively managed. From a legal perspective, I would argue that landlords should never qualify for retirement. I, personally, feel that retirement benefits should be reserved for those who the employed, because most of those who are self-employed to tend to be far wealthier than those are employed. For all of the reasons I just mentioned, I think entrepreneurs can never really retire even when they have technically stopped working and no longer actively manage their businesses.

[Mariam Tj]

Entrepreneurs retire too. They hand over the business to someone else although they can still be actively participating in running the business.

[kasedy Fairbairn]

I do think that those who are self-employed should also retire. There comes a time in our lives where we are just done and need to relax.

[Chinemezu Okafor]

Yes! I believe everyone should stop working at some point, the earlier the better. Life is for the living, not working till you drop. Entrepreneurs work as hard as anyone else, they too deserve a good healthy life. Retirement should be something that we should all look forward to.

[Brett Linette]

If someone loves their job, I don't see the benefit of them retiring from it; it's only when someone doesn't like their job that they can reward themselves by retiring from it.

[Fazla Alahi]

Everyone must retire from the money-making business at a certain point.