| The future for baby boomers looks much more | | | | their lifestyle. No one can live the same lifestyle |
| gloomy in the current state of the economy. | | | | with less money. The lifestyle for the future of |
| They are faced with several challenges as they | | | | Baby Boomers is filled with gloom and doom if the |
| reach the age of retirement. Several of these | | | | economy remains the same. |
| challenges can be faced successfully if proper | | | | The future for Baby Boomers depends on the |
| preparation is put into place. | | | | strategies put into place TODAY. More and more |
| One of the toughest challenges Baby Boomers will | | | | of them are looking at being entrepreneurs as a |
| face is decreased income. The retirement pension | | | | means of securing their future. With traditional |
| is far less than the wages earned while working. | | | | business, they will have to contend with hiring |
| They will have to find a way or ways to | | | | employees, paying for business space, and hoping |
| supplement their retirement income if proper | | | | the traditional business chosen is one that is |
| preparation has not been done prior to retiring. | | | | strategically located to ensure profits. |
| Baby Boomers need to prepare NOW for the | | | | The future for Baby Boomers lies within a home |
| date they plan to retire. They must decide on a | | | | based business. With a home based business, |
| means of earning supplemental income to insure | | | | there is no hiring of employees, there is no |
| their future and the future of their family. | | | | additional cost for business space and finding a |
| Baby Boomers are also faced with a change in | | | | strategic location for profits is not an issue. |