January 22, 2008

Work At Home Boomers - Is this You? Part 1

Work At Home Boomers - Is This You?

There are a growing number of work opportunities for Baby Boomers as Corporate America is waking up to the fact that a significant percentage of the work force is getting ready to retire.  And there is a lot of talent in that retiring group.

Even so from a variety of estimates it’s clear, most Boomers are not saving enough.

Did you know? It’s estimated that:

  • 4 out of 10 people over 60 will fall below the poverty line in their later years.
  • And Merrill Lynch says that many people are only saving about 1/3 of what they will need after retirement.
  • Only about 50% of us are saving enough to maintain a pre-retirement lifestyle when we retire.

It’s actually worse for Gen X, but they’re further down the road.

Since Boomers aren’t saving before they retire, how is working deep into retirement age going to solve the problem unless you have a lot of money stashed before you retire? These issues are compounded by the fact that we are living longer so the savings have to go a further distance. 

And we all know that no matter how much we hope it, the social security debackle is getting worse - not better.

If you want to be a wealthy boomer, the answer is making more money.

Find out why starting an online business makes more sense  ==> work at home boomers

Filed under Blog, Home based business, Passive Income, Wealth, Work at home boomers by admin

Permalink Print Comment

Leave a Comment