3/12/2014 – For Some, Age Is No Obstacle to Entrepreneurship (New York Times)

WHEN Marvin Gay, 71, a retired accountant, and his wife, Leslie, 61, decided to open a Painting With a Twist franchise in St. Petersburg, Fla., their start-up costs were close to $70,000.

They are part of a growing cohort of retirees starting businesses. According to a study published by the Kauffman Foundation and LegalZoom, about 20 percent of all new businesses in 2013 were created by entrepreneurs ages 50 to 59, and 15 percent were 60 and over.

Read the full article at The New York Times.