RETIRE NESTEGG ENTREPRENEURS ADV14 2

Renee Edwards waves to a child at a face-painting booth at the Saturday Morning Shoppe, a monthly outdoor market she started in St. Petersburg, Fla., that recruits vendors who are women and people of color. One foundation’s data found that nearly 65 percent of entrepreneurs use personal and family savings to finance their startups. But, aspiring entrepreneurs should be wary of using retirement savings as capital.