According to the U.S. Census Bureau, there are over 78 million Baby Boomers that consist of a group of people born between 1946 and 1964. That currently makes Baby Boomers the largest generation in today’s workforce, and as they start to retire over the next decade, they will be faced with the daunting task of maintaining their pre-retirement lifestyle.

Compared with what previous generations faced as they closed in on retirement age, Baby Boomers typically have higher income, and have accumulated more wealth to help with their retirement. Overall, a percentage of Baby Boomers will have a higher income in retirement than their parents had, and they are much less likely to live in poverty after they retire.

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Are you a baby boomer who is nearing retirement or has already retired? Or are you still working, but realizing that your financial situation is not what you had hoped it would be at this point in your life? There are many people in your same situation.

If you are in one of these situations, now is the time to consider starting a home based business. You can start it part-time as you continue working, or if you are not working, you can work as many hours as you would like. There are so many opportunities out there that are home based.

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