Entrepreneurs are hailed as economic heroes and drivers of job growth. Yet an analysis of Current Population Survey data of U.S. residents between ages 50–64 demonstrates that entrepreneurs disproportionately lack health insurance and workplace retirement savings program coverage. Finding that nearly 1 in 10 adults in this age range are self-employed, this study documents disparities by self-employment incorporation status, gender, and race and ethnicity. Using a financial capability perspective, program and policy actions to reduce these disparities are highlighted. If enacted, more entrepreneurship could be unlocked.
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