Baby Boomers

Baby boomers are usually said to be born between 1946 and 1964, the oldest are 62 and the youngest about 44. Some are ready for retirement and some are still with the education scene and expenses associated with rearing children.

This is an educated group more so than in the past. Finances have been better than their parents also, but what is happening? Wish I were a boomer, but I will settle for being father to three boomers.

Some baby boomers are returning to the family nest, returning to live with aging parents. Many reasons for this, some good, taking care of elderly parents for instance; but mostly not good, divorces, finance set backs being main culprits.

What about those who have lost retirement savings through companies going bankrupt? Many must keep working or continue to find a job. My heart goes out to many working in jobs far below what they were formerly doing.

My peers wanted to remain in their mortgage free home, play golf, travel and lead the good life. Many boomers instead want to sell their home and buy another in a place that suits their lifestyle, moving away unlike us oldsters who seem to cling to home base.

With so many having a rough financial patch at this time, I believe we will find more and more boomers turning to the internet and a home based business.

Unlike their parents who are by and large computer challenged, boomers are acquainted with computers and the internet which gives them a huge jump in starting up a new business on the internet.

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02 Jan 2009 19:04:52

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