From nest egg to seed investment - retirement security and new business formation among older workers - 6 April 2020

About the seminar: 

"It is empirically challenging to get the full picture of the extent to which retirement savings are being used to start businesses, with one exception: rollovers as business start-ups (ROBS). A ROBS transaction allows entrepreneurs to take their 401(k) savings from their previous employer and make a tax-free rollover into a new business that they start. This practice raises a broad range of questions about the relationship between retirement security and entrepreneurial finance, e.g. concentrating a once well-diversified retirement portfolio into a single business, allowing access to capital for certain types of individuals who might otherwise be unable to start a business and postponing retirement by enabling “lifestyle entrepreneurship". Our project aims at taking a first look at ROBS transactions: study the prevalence, growth, business survival, and the motivations of the entrepreneurs who launch them”.

If you wish to attend, please register here: https://ssehoi.com/rrsdr.

More information about professor Robinson is available here: https://ssehoi.com/DavidRobinson.  

Warm welcome!