tag:blogger.com,1999:blog-969783509065962001.post2594361056105097582..comments2024-01-21T05:12:06.736-05:00Comments on Boomer Consumer :: The Blog: When Boomers Get the BootMatt Thornhill & John Martinhttp://www.blogger.com/profile/05245061646740080784noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-969783509065962001.post-288953728426128632008-12-17T11:17:00.000-05:002008-12-17T11:17:00.000-05:00Many boomers would like to make a difference, focu...Many boomers would like to make a difference, focusing on more social issues, however they can't afford the downtime. The conventional career lifecycle has not adjusted to increased longevity. Many boomers' parents are still living, so inheritance is delayed and diminished. That combined with interrupted career paths and a declining economy results in less retirement funds. Note that 60% of boomers have little or no retirement funds... and that statistic was PRIOR to the economic plunge. So, this leaves the majority of boomers in a financial conundrum as they scramble back to two head working households in small business, consulting and other options outside the closed doors of traditional employment.Elektrahttps://www.blogger.com/profile/10534532426595126485noreply@blogger.comtag:blogger.com,1999:blog-969783509065962001.post-68771600982854892032008-12-06T11:03:00.000-05:002008-12-06T11:03:00.000-05:00After focusing on making money, the 'new' retireme...After focusing on making money, the 'new' retirement can be on making a difference. For many, that will require continuing to work, but the focus will not be primarily on income. Social entrepreneurship, working for non-profits (paid and unpaid), babysitting/caretaking family members are ways people will reinvent this period.Anonymoushttps://www.blogger.com/profile/03213862129887161223noreply@blogger.com