Online Business: Perfect for Retiring Baby Boomers

Online Business: Perfect for Retiring Baby Boomers

Countless retiring baby boomers are finding out that an online business may be the perfect thing for them to support their retirement.

As more and more baby boomers are retiring from the work force, many are finding out that they just don’t have enough money to support themselves. Many more would just like to have a certain lifestyle that their income in retirement just wouldn’t support.

Online Business Baby BoomersSome try to go back to work but find themselves priced out of the job market by 20-somethings just out of college, or have to take a significant pay cut just to make ends meet.

This is why many retiring baby boomers are starting online businesses. It could be a perfect fit as most baby boomers are comfortable with online life already.

Starting an online business can also provide much more time flexibility as opposed to starting a brick-and-mortar business.

As Tom Harpointner, co-founder and CEO of AIS Media Inc., a technology firm that provides internet solutions to businesses, stated back in 2006: “We’ve seen a real spike in interest among baby boomers to own their own business. For many of them, being in business for themselves has been a lifelong dream.”

Fast forward to today and that statement is even more true in an uncertain economy and where most baby boomers don’t have enough money for retirement.

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Mike J Anthony

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