Sunday, December 30, 2012

Boomers retire out of one career into another

Some boomers may be retiring, but that doesn't mean they'll stop working. The California Association of Business Brokers say that although there are many baby boomers looking to retire and sell their business, there are a growing number of boomers who are looking to buy, Reuters reports.

Ron Hottes, president of the non-profit CABB, told the news agency, "Boomers may be retiring, but they are far from relaxing on a beach somewhere."

"Retirement for some boomers means taking on a new business venture," he added.

One of the most popular new ventures for boomers? Financial management, so look out -- your clients might become your competition.

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