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Small Business Boomers

March 17th, 2008

Happy St. Patrick’s Day - Ready to Retire to Ireland?

Happy St. Patrick’s Day! If you’re Irish, as I am, a double celebration is in order. And if you really want to immerse yourself in Irish stuff, how about retiring to Ireland?
Here are a couple ofweb sites with information:
EscapeArtist.com
InsideIreland.com
Is this just a dream? Maybe, maybe not. Let me know […]

By Jean -- 1 comment

March 10th, 2008

Small Business “retirement” idea - Home Typing Service

Mary Emma Allen, over at Home Biz Notes, recently answered a reader’s question about starting a home typing business. I’m assuming the question was about word process on computers, not typewriters. Reminds me of the old Selectric typewriters with the balls you could replace for different fonts…. Back in the 80s, when […]

By Jean -- 2 comments

March 8th, 2008

Procrastination in Retirement - When will you retire?

Some older workers never retire.  In fact, according to the Toronto Financial Post, 17% of boomers continue to work indefinitely, not just for the money but for personal satisfaction.
The trade-off is that you aren’t taking Social Security, which means that you can take more out later (if you live long enough).  Postponing your retirement (not […]

By Jean -- 4 comments

February 22nd, 2008

Baby Boomers as “The Sandwich Generation” - Caught in the Middle

No, “the sandwich generation” phrase has nothing to do with eating sandwiches while watching “Leave it to Beaver.” It means that Baby Boomers are stuck in the middle - taking care of children and aging parents at the same time.
I’m finally out of the “sandwich” phase. My mother and mother-in-law both died within the […]

By Jean -- 3 comments

February 20th, 2008

Put away the rose-colored glasses: A not-so-rosy future for Baby Boomers

In an article in the American Chronicle, writer Michael Masterson says Baby Boomer loss of earning power and decreasing nest eggs will drive the economy further into a recession (although he doesn’t use the word), and he has many dire predictions for the next decade or so, including the slow death of the wristwatch (?). […]

By Jean -- 0 comments

February 17th, 2008

Advice on startup: Start now before you quit your job

If you are considering leaving your job and becoming self-employed, Jeff Williams at BizStarters suggests you start working on several elements of your proposed business now, while you’re still working. See his suggestions here:

Tags: baby boomer, business startup, health insurance, retirement

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By Jean -- 0 comments

February 5th, 2008

Planning Ahead - #1 - An Exit Strategy

As any baby boomer in business knows, it is smart to think about what to do with your business “at the end.” What will you do when the day comes when you can’t manage your business any more? Now, I know lots of business owners running successful businesses into their 70s, 80s, even […]

By Jean -- 5 comments

January 24th, 2008

Bill Gates: Baby Boomer Philanthropist

A comment by Linda Johnson to one of my recent posts directed me to check out Bill Gates’ address to the graduates of Harvard in June 2007. In his address, he spoke about doing the most good for the most people.  The quote that particularly struck me was, “The barrier to change is not […]

By Jean -- 2 comments