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Freelancers Over 50 Will DOMINATE in 2024

freelancesupermarket.com newsroom

RSS 07 December 2017
Right now, as we speak, there are 24 million people in the UK over the age of 50. many of these are attracted by the freelance lifestyle.

So much so, that experts are predicting that it is freelancers over 50 who will be the dominant force in most industries by the year 2024.

I've reported before of course about how many freelance professionals won't actually retire, and will instead continue working into their 60's and 70's as a way to make money.

Who needs a pension when you have a freelance income? Millions are taking control of their own financial destiny.

Let's not forget that robots are also expected to feature in some industries by the year 2024, especially the kind of roles that are considered to be repetitive and primitive. Maybe the over 50's and robots can work side by side, in harmony for the good of our economy? I hope so.

One report I browsed through recently said that 10 million people in the 50 to 65 year range will be in employment by 2021. How many of them are expected to be freelance and working for themselves? A lot, I'm sure.

What is the main driving force behind over 50's becoming freelance professionals anyway? What I've been hearing is that many look for a change of career at some point in their 40's or 50's, but instead of wanting to work for another boss they decide to work for themselves.

Also, people of retirement age are now deciding they don't want to get bored, which is why starting a freelance business, either full time or part time is the perfect solution.

Of course, many of these people have a pension to top up their earnings, but for many they don't even need it.

I often get people contacting me and asking for advice about if they should go freelance or not, and my reply is always the same...go for it, no matter what your age.

It doesn't matter if you are 21 or 71, the freelance world needs people with the drive and determination to put in the hours and become a success.

Should you quit your job though, or start doing freelance as a part time business at first, perhaps at the weekends? This depends a lot on your own personal circumstances. For example, if you have a mortgage and bills then simply quitting your job might not be the best idea, especially if you don't have savings.

However, if you do have savings and you are in a position where the mortgage is nearly paid off and the bills as easily paid, then you might want to start a fresh and give freelance a go.

That is what many people over 50 are expected to do over the coming years, where they will dominate by 2024.

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