Businesses For Baby Boomers

Wellness coaching is another boomer-friendly option. Wellness coaches guide people through some of their tougher challenges, from dropping weight to quitting smoking. Typical rate: $100 per hour. Coaches with corporate experience can boost rates to $300 an hour by adding "executive coaching" to their repertoires.

That's Charles Schroeder's plan. After nearly three decades in the nuclear power utility industry, Schroeder found that woodworking and riding Harleys wasn’t enough. So he spent $1,000 on a 10-week online course about navigating issues as diverse as weight loss to recovering from an injury.... (and more in pictures)