The age group from 55 to 64 has the highest rate of entrepreneurial activity. And this number has been increasing annually since 1996. And with good reason the depressed economy, massive layoffs and sheer necessity. Which stems from people suddenly realizing that they are not prepared for retirement? The statistics say that in order to retire comfortably it is going to take 200,000 to 250,000 dollars at retirement.And Baby boomers have been hit hard as a result of the depressed economy and by how in some industries by middle age you are too old to be there any longer so you are laid off. In just about all instances Baby Boomers fall short of those numbers. There are other factors involved here like children having to move back home due to having lost their jobs as well. More baby Boomers have to raise their grand children for various reasons. It is these and more reasons why Baby Boomers are a Majority in Home Based Business Ventures.There is a very slim chance that anyone has been able to save anywhere near the amount. That the statistics say you will need to retire comfortably. And Baby Boomers want to work for themselves anyway. So it is these reasons that are making Home Based Business Ventures more attractive to this age group. Having to offset the effects of over consumption and not prioritizing on saving for retirement. The ratio of people from 55 to 64 starting a Home Based Business Venture in more than twice that of a person less than 25 years old.So this will undoubtedly be a continued trend seeing as the issue of Health Care and unforeseen illness come into the equation. But on the other hand it is the Baby Boomers who are excelling in being Home Based Business Entrepreneurs. And they are creating some impressive results creating some rather impressive lifestyles. Gaining the freedom to focus on their health and enjoy full rich and highly productive lives. Baby Boomers are a Majority in Home Based Business Ventures.Because with their age comes a great wealth of life experience. Which is no doubt is serving them well in their transition from employee to entrepreneur. The experience that you acquire from living and meeting people and having long standing friendships this entire thing will serve them very well in their new Home Based Business lives

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