"Top News From Today's "Boomiverse"
Traveling in packs; As the popularity of multigenerational family vacations grows, companies are responding with packages designed to please all
Lisa Bertagnoli
Chicago Tribune
April 23, 2007
Overview: Bertagnoli discusses the trend of multigenerational family vacations. She reports, “Indeed, growing interest in intergenerational travel stems from the aging Baby Boomer population, said Cathy Keefe, a spokeswoman for the Travel Industry Association, a Washington, D.C.-based trade group.”
http://www.chicagotribune.com/business/chi-0704220348apr23,0,3010928.story?coll=chi-business-hed
Boomers becoming own bosses; Faced with few obstacles and ample opportunity, baby boomers are starting new businesses as they approach and enter retirement
Monica Hatcher
Miami Herald
April 22, 2007
Overview: Hatcher reports on boomers and entrepreneurships. She writes, “Using the skills they've developed throughout their careers, many are remaking themselves as entrepreneurs. Whether starting a franchise, launching a start-up, buying an established business or lone-rangering it as a consultant, they are leading a surge in the number of Americans making the leap to self-employment -- particularly those closest to the traditional retirement age of 65.”
http://www.miamiherald.com/103/story/81940.html
Queensland's current generation of retirees has worked hard and is healthy, wealthy and intent on having a good time
Lucy Carne and Edmund Burke
Courier Mail
April 22, 2007
Overview: This article focuses on Australian boomers’ retirement trends. Carne and Burke report, “They are driving an entire industry, spending record amounts not only in their efforts to stay young, but also on travel, nights out and expensive toys.” Additionally, they share quotes from Noel Whittaker, a financial expert who states, “They (the baby boomers) are wealthier than any generation before them and a lot of that is to do with the incredible boom in house prices. They want travel, they want health, they want lives and health care, personal trainers, pilates and the gym. People now know that they are not going to be dead at 50 and they feel that if they are going to be around until 90, they are bloody well going to enjoy it.It used to be that they left it for the kids but now they are saying, ‘Stuff the kids, I am going to enjoy it myself.’”
http://www.news.com.au/couriermail/story/0,23739,21595696-23272,00.html