Boomers Haven't "Lost It"

Boomers in Business:

Boomers will create more small businesses over the next 10+ years -- and, therefore, more jobs -- than any other age group, according to John Martin, co-founder of the Boomer Project.

Not only will Boomers be creating small businesses, Boomers will also be spending:

• According to McKinsey, Boomer households will outnumber younger households until 2016.

• Boomers outspend younger generations by $400 billion, according to the Consumer Expenditure Survey.

• The U.S. Census projects that the 50+ demographic will grow by 23% in the next 10 years, while the 18-49 group adds only 1%.

Boomer solopreneurs and entrepreneurs looking to bounce back after this recession should be getting ready to rock 'n' roll!