7 Million Baby Boomers – $400-500 million in payouts – Ready to Retire
There are 7 million baby boomers in Japan with 45-60 trillion yen in retirement payouts about to leave the workforce.
Everybody wants a piece of that action.
One city in Japan is developing a Showa ('50s) Era-themed residential complex – old fashioned restaurants, candy stores, public baths….
A former record company employee is offering training camps for people who played musical instruments when they were younger – guitar lessons,
drumming….600 people have already spent 39,800 yen for the three day, two night camp in three years.
Better Home Association has been offering cooking courses for 60+ year olds with near capacity enrollment of all 80 classes nationwide – "Now! She is going to learn to cook!"
Travel agencies are offering 2-week to 6-month overseas vacations…
Plans are in the works to help the new 50s spend their retirement funds and savings….
What ideas do you have?
Post a new comment
May 24, 2007
Just thought I would let you know about a new website dedicated to baby boomers called BOOMj.com that your readers may be interested in. There are many nice sections (health, movies, finance, travel etc.) where you can meet new people as well as keep up on all the latest news, tips and goings on in the world. You guys should check it out if you feel so inclined. See ya.
BOOMj