There are also those who may be described as “reluctant retirees.” These are individuals who have left their salaried jobs but, for some reason, still want to work. 

When they choose to work, retirees, particularly early retirees, are found to prefer self-employment in small businesses, due to the flexible schedule and the independence it offers. 

Even many of those employed would rather be working for themselves. The self-employed are found to have higher job and life satisfaction.