The world’s population is aging and almost every country in the world, including Indonesia, is experiencing growth in the number and proportion of older people in its population. Research on entrepreneurship among retiree candidates can contribute to knowledge and efforts to face the problem of aging population. Entrepreneurial self-efficacy and motivation are thought to be related to the entrepreneurial decisions of older entrepreneurs. This research aims to analyze the relationship between entrepreneurial self-efficacy and motivation of oil palm plantation company retiree candidates. Data was obtained from a survey of palm oil company employees who will retire in 2024 to 2028. The data then analyzed using Rank Spearman correlation with STATA. The results show that the entrepreneurial self-efficacy and motivation of candidate retirees are in the medium category. The correlation test results show that entrepreneurial self-efficacy is positively and strongly correlated with entrepreneurial motivation. This research suggests that companies prepare employees who will retire with training containing material to strengthen self-efficacy, because strong self-efficacy will motivate company employees who will retire to become entrepreneurs in retirement.
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