Top News From Today's "Boomiverse"

Report: Senior housing declines
Associated Press
June 1, 2009

Overview: “Home construction for Americans 55 and older is expected to drop by nearly half in 2009 compared with the previous year, a sign that the market for home building geared to senior citizens is contracting despite the wave of baby boomers approaching retirement.”
http://tinyurl.com/m3qq9m

A boom in 'encore careers'
Irene Sege
Boston Globe
June 1, 2009

Overview: “Three-quarters of boomers surveyed by Merrill Lynch plan to continue working, typically to "retire" at 64 and start a second career, often one that not only pays the bills but also gives back. The buzzword now is "encore careers," and a number of vehicles are emerging to help boomers and their elders make the transition to second careers in nonprofit organizations or public service.”
http://tinyurl.com/nulq7y

After crash, has twilight come to the Sun Belt?
Todd Lewan
Associated Press
May 31, 2009

Overview: “In this way, for a generation or more, the Sun Belt thrived like no other region in America — a growth so steady it felt as though the boom would never end. But now it has, replaced by a bust that has left some swaths of the region suffering as severely as anywhere in the current recession.”
http://tinyurl.com/lpcay7

Funeral industry gears up for boomers’ final economic impact
Celia Lamb
Sacramento Business Journal
May 29, 2009

Overview: “As the baby boom gets a little closer to the end of the generation, the funeral services industry is shifting to cheaper and more personalized services.”
http://tinyurl.com/maj6b8

Cashing in on aging boomers
Kelly Johnson
Sacramento Business Journal
May 29, 2009

Overview: “The consumer products and services industry can’t stop thinking about the mature market, especially since a baby boomer turns 50 every 8½ seconds. At 78 million people, boomers represent one-third of all adults in the United States.”
http://tinyurl.com/mwtvyp