Self-employment can delay retirement for the healthy and wealthy

Study finds people in unstable and low-paying careers opt to just retire

Although labour force participation for workers over 55 has risen in the past 30 years, the increase is insufficient to counterbalance the increase in economically inactive older individuals who need support from the working economy. 

Self-employment can provide an alternative career transition to retirement, but only for those in good health and in high-paying careers, research from Trinity Business School reveals. 

People in unstable and low-paying careers, however, opt to just retire, according to the study published in the Cambridge Journal of Economics.