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The Future is Now: Five Ideas for Aging Boomers

Here Come the Baby Boomers!

Want to get in on the trend which is coming as surely as the sun will rise tomorrow? The demographics are shifting towards an aging population as all those babies born in the post-World War II years of the late 1940s and early to mid-1950s are now approaching the autumn of their lives, and this population has particular needs that you, as a businessman, can fill. Here are some ideas for business that will most likely be in demand in greater numbers than ever before in US history.

•    Home Care for Seniors-Less Intense: Our amazingly healthy population is not only living longer, but also more independently. But it does not mean that there aren’t services which you can provide which will make life just that much easier for our elders. Providing food shopping, rides to the doctor, or anywhere else, and at home physical therapy or other care, can be a wonderful service for these independent soles that just need some tweaking in their schedules to stay independent.

•    Home Care for Seniors- More Intense: In some cases grandfather and grandmother may need regular care on a daily basis, part-time help may simply not suffice, yet placement in a nursing home or other type of facility may not be absolutely necessary. The trend today is to keep people in their homes if it is possible and if that is the desire, but this can only be accomplished with full-time home care. You can be the one to provide that care.

•    Retirement Homes and Developments: Real estate in areas which the elderly like to live, for instance warmer climates with convenient shopping and other services, will most likely increase in value as more people seek out comfortable retirement residences.

•    Financial Services: Baby boomers collectively accumulated more wealth than any other generation previous to it. How about helping them manage their wealth by providing accounting, investment advice, insurance and other related services so they can better enjoy their wealth and leave more of it to their heirs.

•    Fitness, Cosmetics and other Personal Improvement Services: Boomers not only want to stay healthy for as long as possible, they want to look the part, too. Yoga, healthier food, zumba, Pilates, and beauty treatments should all be in demand now as never before.
 

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