Top News from Today's "Boomiverse"
Baby Boomers, It's Time To Monetize Your Hobbies
Roger Nusbaum
www.seekingalpha.com
Overview: “I had a moment of clarity on the stairmaster yesterday, and while I am far from early on this thought, it is grim for society nonetheless. Based on various things I read and anecdotal observations, I am convinced that baby boomers (I am using this term for economy of space, not for rigid age parameters) are going to spend beyond their means, looting their nest eggs, and one way or another will end up living for years way below the lifestyle they tried to save for.”
http://seekingalpha.com/article/66731-baby-boomers-it-s-time-to-monetize-your-hobbies
Will Retiring Baby Boomers Crash The Market?
Nick Masey
www.edmondsun.com
Overview: “There are a growing number of books and articles being written about the future effect of the aging baby boomers on the economy and the stock market. Much of the research stems from Harry Dent’s pioneering demographic research in the late 1980s and early 1990s.”
http://www.edmondsun.com/business/local_story_062005716.html?keyword=secondarystory
Lawmakers Look To Boomers In Projected Labor Shortage
Jason Clayworth
www.desmoinesregister.com
Overview: “Courting baby boomers is the most immediate and effective way to solve Iowa's projected skilled worker crunch, some state lawmakers say.”
http://www.desmoinesregister.com/apps/pbcs.dll/article?AID=/20080303/NEWS10/803030315/-1/SPORTS01