Introduction

As more and more Baby Boomers retire, a lot of them are facing a key question. A lot of Boomers have stashed away enough cash to comfortably support them throughout their golden years. Many have invested in 401k plans. Others have very robust IRA packages. Unfortunately, there's a huge chunk of senior citizens who have underfunded pensions. A lot of them are simply relying on social security. Others may have private pensions that don't really pay all that well. Not surprisingly, a significant percentage of baby boomers who are now retiring only choose to semi-retire.

They still work upwards of 20 hours every single week to essentially supplement whatever pension funds they're getting from the government or from private sources. On the other hand, there are lots of senior citizens who simply have a lot of time on their hands. They don't need money because they're well taken care of by their retirement plans. That's not the issue with them.