Retirement – When Should You Plan For Retirement

Baby boomers, it is generally agreed will desire something close to the present lifestyle for a comfortable retirement.

Generally the standard of living before retirement will be the standard that will be wanted when you retire. The income needed, to maintain that same lifestyle, will be 80%-100% of your earnings at retirement.

You do not have to be a baby boomer before you begin your retirement plan however. Knowing that the income needed for retirement will be close to what is needed now, to maintain the same lifestyle, means considering retirement planning now. The younger you are when you begin your planning, the more likely it will take a number of different forms and a number of turns before you retire. Read our article -Rework Your Life’s Blueprint for a Stress Free Retirement-.

If you are a baby boomer it is absolutely necessary to plan for retirement now. There are many things to consider, but what you plan for your free time will make the difference between a comfortable retirement and a stressful retirement.

Should you be a baby boomer that wants to travel extensively, you will likely need more income than if you stay close to home, volunteering and pursuing hobbies. Consider your own personality and what gives you satisfaction now. Try to estimate your annual expenses during retirement as closely as you can, knowing that your plans may change later.

Begin your retirement plan by asking yourself this question. Where am I, financially? Make yourself a detailed list of your financial assets, such as your bank accounts, investments, IRA, 401(k), etc. On the other side of the ledger you’ll want to list out all your obligations – mortgages, home equity credit lines, car loans and other debts. This should be reviewed periodically so you can follow your successes.

Baby boomers, as you get closer to retirement years you may want to consider consolidating as many of your accounts as you possibly can within just one company. This will help you get a clearer picture of your overall situation, and it may even help you reduce some of the maintenance fees and make it easier to calculate required minimum with-drawls you will have to take once you reach a certain age. Try to have mortgages, home equity credit lines, car loans and other debts paid off or at least reduced to a minimum.

There are likely a number of competent people in your area that can help you with your financial planning. There are a number of web sites online that have good financial information, from numerous sources, to help baby boomers with their financial planning as well.

When you see people enjoying a comfortable retirement you can be pretty sure it all did not happen by accident. When you see folks traveling, working their hobbies, volunteering, enjoying a new career, etc. rest assured, they planned for it, they planned what they wanted for their leisure time activities.

The Uses of Leggings For Girls and Toddlers

It’s fall season, and with winter just around the corner, more and more you see in the stores leggings for girls and toddlers. Is this just a fashion trend or is there a reasonable use for these trendy leggings?

Many of the fashion trends are followed by real needs. For example, hats in the summer can protect from the sun and exposure to the wind, however in the winter, the same hat will protect you from the snow or rain. Footless tights follow the same pattern and although very popular in the fall and winter, to protect from the cold weather, they can also be worn in the summer to protect from the sun rays.

Usually Leggings for girls are worn under a dress or skirt to compliment the outfit, turning a look that is boring into something sassy. However fashionable they may seem; baby, toddler and girls need the protection that these leggings can offer. In the spring and summer when the pollen is in the air, often times, babies and toddlers will have allergies that can be minimized by protecting the skin from the outdoor environment with leggings. They can also serve the purpose of protecting the skin from the sun rays or wind when playing in the park or in the back yard.

In the winter, keeping the bodies warmth is very important and can be achieved with the use of leggings. Under a dress, skirt or loose pants, these leggings are equally important to protect baby, toddler and girls’ legs from the harmful effects of cold and windy weather.

Although the intention was to create a product to protect skin from the outdoor influences, leggings turned into a fashion trend that has lasted many years. They are available in many different styles in a variety of colors. Usually made of polyester and cotton, giving them a tight fit, can be purchased with lace, different fabric styles, with and without rhinestones, embroidered.

The latest style of leggings for baby, toddler and girls are lace leggings made of 100% cotton for comfort.  Lace leggings for baby, toddlers and girls were made to follow the comeback of vintage style skirts and dresses.

Whether you are looking to purchase Lace Leggings  for it’s use or fashion, this is a must to every baby girl’s closet! After all, don’t you want your baby to be the most stylish girl in town?

Three of My Best Practical Tips For Baby Boomers

Baby boomers, to really enjoy your "second adult life", you need: health, wealth and passion. Well, that was easy … Just kidding.

Tip # 1 Install "grab-bars" in your home Now! As far as I'm concerned, they bought to be part of the building codes. Even the strongest and most agile young athlete can slip in a bathroom and seriously injure themselves. If nothing else, consider this part of your disability insurance. As we age, preventing problems becomes almost more valuable than solving problems. (If you have a million dollar home and do not think grab-bars go with the bathroom décor, look again. There are now decorative bars for as much as you want to over pay.)

Tip # 2 Put a dollar value on your time. Time is your most valuable asset. Even if you are "retired", your time is definitely not "free". There are only two ways to increase your wealth: spend less or make more. I see a lot of practical ways to save money and try to use as many as possible. However, you could cut your spending to zero, which is not realistic and that is as far as you can go. On the other hand, your income potential has no limit. If you are clipping coupons, changing your own oil, or browsing the Internet looking for a good deal, consider the fact that you could be earning much more than you are saving by spending that time creating new income.

(You should always be increasing your passive income).

Tip # 3 "Annals of Time" This can be fun as well as very useful. Basically list the years of your life and then write the major personal events that happened each year. This can be as simple as a couple of pages or a major project with photos and comments. Practical compromise: Buy a spiral notebook with at least 100 pages. Write the year you were born on the first page and then one year per page after that. Record wedding date, hospital stays, new jobs, big vacations, home purchases and other major events on the appropriate pages. If you are not sure of the year, write it in pencil until you get verification. No matter how good your memory is now, some day you will be asking yourself, "When did I …?"

As much as I do believe in the power of "positive thinking, The Law of Attraction, meditation, gratitude journals, etc." my fifty plus years of experience tells me that the only way people get what they really want is to target it, make a plan and take action. The positive mind energy work may smooth the path and help keep you focused but practical, positive ACTION is what keeps you healthy, puts money in your pocket and gets your dream girl (or guy) walking beside you.

I'm a Capricorn, oldest child, Mr. Fix-It workaholic who should have been from Missouri, the "Show Me" state. So I seek out practical action items to help make my next fifty years, the very best of my life. Many of these are very obvious to most people and yet sometimes the simple ideas are totally overlooked. Some of us are looking for a total overhaul of our lives and others just need a little "tweaking". Of course, none of the tips will help you if you do not use them.

It still amazes me how much a series of small actions can result in massive benefits. We all get energized when our actions have positive results. When you start a big project, you usually do not know exactly what the results will be and that gives you a little stress and uneasiness. If you want to make some major changes in your life:

Here's a bonus tip: CHEAT! Take a small first step where you know exactly what the output will be, save $ 5 today by brown bagging your lunch or skipping the Starbucks visit. Take a small walk around the block or up a flight of stairs. Start thinking about what would really make you want to get out of bed in the morning if you had the time and money to do it.

The second part to this bonus tip triples its effectiveness: Document your success!

Put the $ 5 in a clear plastic or glass jar, start an exercise journal to chart your progress, cut out magazine photos of the hobby or showing the lifestyle that you would like to be living. This is visual proof that you are achieving your goals. By doing the "guaranteed success" steps every day for two weeks, you will have taught your mind that you are a positive, successful person who gets what you want. This makes the next step much easier. You are now eliminating any internal limitations to making the coming years the very best of your life.

Homemade Baby Shower Favor Ideas

A baby shower is a wonderful event, celebrated to welcome thecoming little bundle of joy. While guests are busy finding and choosing baby shower gifts, the host of the shower also wants to give something by the end of the party. Baby shower favors, to be exact, are keepsakes given to baby shower guests before they leave the event. These favors are a true memento to remember a wonderful affair that shows love and gratitude to the new family.

There are so many variety of shower favors available in the market today. While others tend to be quick when it comes to favors, there are some who are willing to invest time to make their party favors as personal as possible. One great way to show off a personal touch on your shower favors is to make your own at home. Homemade party souvenirs are not only a practical, less expensive favor idea, but they are also a thoughtful way to tell your guests that you have executed extra effort to make wonderful take-home gifts for them. By making party favors on your own, you will definitely be able to include your own personal touches, which your guests can not find in any store. Since you will be giving homemade baby shower favors, your guests will feel they were given a gift that is specially made for them!

When it comes to homemade baby shower favors, there are so many ideas you may consider to make at home. One of the easiest favor ideas to make are bags of goodies. You can buy pre-made favor bags, or make your own, too. Each bag may contain sweet treats, such as candies and cookies. You can make homemade cookies and shape them using a cookie cutter. There are several cookie cutter shapes to choose from, such as baby bottle-shape, rattle-shape, booties-shape, carriage-shape cookie cutter. You can get creative when designing your cookies, like you can sprinkle them with different colors ofible accents. You mind is the only limit you have when making homemade eyelash favors.

Alternately, you can also create non-disposable shower favors at home. For example, you can always try making your own decorated candle or soap favors. All you need to do is to purchase DIY kits for homemade candles or soaps at your local craft store. The DIY kits usually include all the materials and instructions on how to make such projects. After which, you can then finish your chosen DIY shower favors with your own touch of decorations and accents.

While the host wants to make homemade baby shower favors, the guests can also make their own shower gifts at home. Homemade shower gifts are as personalized as homemade party favors. One of the easiest homemade baby gifts to make are personalized baby gift baskets. Gift baskets usually contain numerous baby accessories and some extra treats for mom. A guest can make her own gift basket and decorate it with her own unique touch.

Best Sexual Position to Get Pregnant With a Boy Baby

Gender selection is not a new concept; people have been trying to influence whether they have a boy baby or a girl baby for hundreds of years. Fortunately we now know a lot more about how our bodies work and for this reason we can influence our baby’s gender or sex in many ways including what sexual position we use.

Why This Method of Getting Pregnant With a Boy Works

As you probably already know, it is the male or rather his sperm that is responsible for whether you have a boy or a girl baby. The Y chromosome sperm (boy sperm) is very fast and can reach the egg quickest in a race, but they don’t live long and can often die within a day or two. The X chromosome sperm (girl sperm) live a lot longer (sometimes up to five days) and can reach the egg at any time, often once the boy sperm have already died off.

That means that timing is important in getting pregnant with a boy. The closer you can have sex to when you ovulate – when the egg is released – then the more chance you have of getting a boy baby.

Best Sexual Position to Conceive a Boy Baby

So now that you know that you have to have sex as close to ovulation as possible so that the Y sperm reaches the egg first there are also a number of sexual intercourse positions that can help improve your chances of getting a boy.

The most common is the rear entry position (often called the doggie position). This is where the woman is either in all fours position kneeling on the bed or floor and the man enters her from behind, or she is lying on her stomach with her legs kneeling on the bed or floor. This gives access to deep penetration and so the sperm is deposited right at the entrance to the cervix. Since they are not very strong, the Y sperm has a shorter distance to travel and will more likely reach the egg first and you will conceive a boy.

Facts You Should Know About Baby Shower Etiquette

Whether you’re hosting a baby shower for the first time or not, chances are you’ve got some questions regarding the right baby shower etiquette. You want to create a truly special time for the guest of honor without any unintended faux pas. This guide was specially created to help you do exactly that.

The real basics

  • Take the wishes of the mom-to-be into account at every stage. That includes the games, food, invitation list and all other aspects of the baby shower.
  • You can have baby showers either before or after the baby is born. Generally, they’re held 1 or 2 months before due date. But they’re also held after baby arrives because of medical or other reasons.
  • These days, it is perfectly OK for a close relative or even the couple themselves to host a shower. Those “rules” about only non-relatives hosting a baby shower are quite dated now.
  • Before deciding on the kind of baby shower you plan to have — girls-only or coed, theme or no theme and so on — consult mom-to-be and find out what she prefers.
  • Who can be invited? Generally, anyone the mom-to-be feels she should call. She’s the best guide here.
  • Do you always need to send written baby shower invitations? It is usually the better choice. With a written invitation, guests have all details at their fingertips and need not rely on memory. Plus, you can (and usually should) include directions on how to get there.
  • At the same time, it is fine to just inform people on the phone. Do tell them well in advance, though. So they have enough time to buy gifts, arrange for a baby sitter, etc. And leave your contact numbers with them so they can reach you easily if they need any clarifications.
  • Can you hold a surprise shower? Sure. It can be a wonderful feeling for the expectant mother. But do consult someone close to her (mother, sister, etc) to know about her likely preferences in all areas.

The devil is in the details

Here’s additional information on baby shower etiquette that’ll help you host a truly great party.

  • Send out shower invitations at least 3 to 4 weeks in advance. Send them even earlier for out-of-town guests. Request an RSVP by a date 2 weeks before the baby shower.
  • If you’re having a coed shower, you might turn the guys off if you send frilly baby pink invites full of baby talk. Stick to attractive, stylish invitations.
  • If you’re planning a formal baby shower, avoid totally goofy games. At coed parties (or even at all-girl events), be wary of playing shower games that focus on expectant mom’s tummy — she may not be comfortable with them. Check with her about choices of games and ice-breaker activities.
  • Greet all guests at the door as they walk in, provide them with name tags (if there are many guests) and introduce them to others to get conversations going.
  • Lots of women have very different food preferences when they’re pregnant as opposed to at other times. So do check with the guest of honor while finalizing the menu — yes, every single item! She may have some ideas of her own about what baby shower food she prefers. Avoid foods are not recommended during pregnancy.
  • It’s a real hassle for guests to eat a meal balancing their plate on their lap. Good shower etiquette demands that you provide sufficient tables so everyone can enjoy their meals. That way they don’t have to worry about whether they’re about to spill food on the floor!
  • Don’t skimp on quantities of food. Sometimes a lot more may get consumed than you had bargained for! Same holds for baby shower favors, drinks, ice, etc — having a little extra buys you peace of mind.
  • Register for gifts at only one place. Even if there are reasons like another store being closer to some guests. Else mom-to-be may end up with duplicate gifts she may have to return. And guests will be disappointed if they find that someone else has chosen the same gift they have.
  • While giving gift suggestions, include items at a variety of price points, not just high-ticket items. And do suggest that guests can get together to purchase higher priced items.
  • If there are older siblings, make sure they receive a gift each. They may already be feeling somewhat left out with a new baby on the way, so this is a great idea.
  • Irrespective of whether it’s a coed baby shower or not, buy a gift specially for dad. He should feel that he was remembered too.
  • Record who gave each gift. Essential information when the time comes to send thank you cards! Sending thank you cards is essential baby shower etiquette.
  • Hand gifts to mom-to-be for her to open and take it from her once she’s done with it. This will save her the hassle of continually getting up and moving about to pick up gifts.
  • Sometimes, some guests may need to leave early. They’ll appreciate it if mom-to-be will open presents while everyone is eating.
  • Start the baby shower on time and keep it fairly short. Don’t get bogged down in any one segment like games. Be sensitive to mom-to-be’s energy level and any signs of fatigue she may show. End the party if she’s beginning to feel run down. Walk guests to the door as they leave and be sure to thank them for coming.
  • Don’t expect perfection. No party ever is perfect. There’s always the unforeseen — power goes off just as gifts are being opened, you forgot to dust one corner of the room, the pack of baby shower favors you opened just before the party turns out to be a different color than you ordered and so on. You can’t control it all.

Special situations

You might have a friend or relative who just lost a baby, or is infertile despite all treatments. Should you call her for your baby shower? Attending may be a challenge for her. Being confronted with another’s pregnancy may be difficult for her to bear.

The rule in such situations is — ask. Check with her and find out if she is up to attending the baby shower. Don’t just send an invitation in the mail. On the other hand, don’t presume that she can’t come and not call her at all. If she’s close to the mom-to-be, she may well want to come. Or at least, she may send her good wishes and a gift.

But if she tells you that she can’t make it, accept the situation with grace. Never hold it against her in any manner. Even if she said she would come and later backed out. Remember, it is probably one of the most difficult times she’s ever had, so be generous and supportive.

Once you’ve understood these simple baby shower etiquette guidelines, you’ll be far more confident about hosting a baby shower. Have fun, and create a special time that will live on in everyone’s memories!

Promising Future Careers – What Do The Trends Say?

The most lucrative future practitioners are in the following fields:

Health and wellness – reinforced by aging baby boom factor, Internet, Home based businesses, Finance, Technology, College Teaching.

According to the Bureau of labor Statistics (BLS), a division of the US Department of Labor, seven of the ten fastest growing jobs in the US will be in health and wellness by 2014. This should be true in case of other developed countries as well. With the spread of health education and increasing health consciousness, more and more people will be looking towards health care. In the USA alone, about 57 percent of all the jobs are going to be related to health care.

The above is more so with aging baby boomers. With good incomes and health related expenses, increase in health related jobs is the natural outcome.

The most lucrative professions in this field are notably doctors, nurses, medical assistants, dental assistants and physical therapist aides.

Internet is growing rapidly globally. There will be lots of opportunities in internet businesses. More and more people have already started turning to internet for developing internet careers. Hundreds of people are making their living now on the internet.

Home based business will gain in importance with ubiquitous internet and wireless mobility. With this, more and more people are turning into independent workers.

More people will be needing financial advice and accounting help. This will continue to pave way for growth of financial and accounting professionals.

Technology related jobs in general and software engineering analysis jobs in particular will also grow very fast and will count in the top ten fastest growing jobs.

College professors will be in high demand as children of baby boomers and young boomers move to colleges.

Other lucrative professions will be in the fields of environment (environment engineering), alternative energy, insurance, recruitment etc.

Baby Bratz Dolls: Fashionable Babies

Baby Bratz are part of the cool line of dolls manufactured by MGA: the Bratz dolls. But do not think for a moment these are your typical, oblivious baby boys and girls, because as with the teenage dolls, the Baby Bratz have a passion for fashion, and it shows in every set of clothes available for them.

The Baby Bratz are supposedly to be the Chloe, Yasmin, Jade and Sasha Bratz dolls when they were babies. They all have a large head – even bigger than their teen counterparts – which makes sense considering babies often have heads that appear to be too big for their tiny bodies! Kids (and even some adults) find the Baby Bratz to be cute and adorable, especially when you dress them up for the winter fun.

The price of the baby Bratz range from $ 7 to $ 11 each, depending on where you buy them, while their clothes are around $ 5 – $ 6 per pack. They have a lot of available accessories, which can go from as low as $ 8 to as high as $ 30, depending on which accessories you purchase.

A Baby Bratz doll is a terrific gift for most young girls, and is especially recommended if you are a mom or dad who is not fully happy with the teenager Bratz dolls' looks and attitudes. If you do not think that the excess of makeup and the arguably trashy looks are good effects for your little girl, then give her a Baby Bratz doll, and she may be equally happy.

As for the durability, these great dolls are resistant to a number of children's typical "abuses." I have accidently stepped on a baby Yasmin once, and it did not break (but she may just have been a lucky baby!). Other than that, I have seen Baby Bratz being thrown, having "traffic accidents" with toy cars, and even getting chewed by a dog, and I never saw them break under the abuse (unless you count dog teeth marks as breaking).

Whether you are a fashion dolls collector or you are just looking for a great doll to give to your daughter, you simply can not afford not to check out the nice baby Bratz line of dolls. They are a great way to bring tons of fun to your daughter without spending too much. It is possible to buy a Baby Bratz doll and two different sets of clothes for less than twenty dollars, which in today's economy is not that bad.

The Baby Bratz line of cute dolls and accessories can be found in almost every store on the country, and is currently exported to a huge number of countries around the entire world. Once you get to know one of these adorable dolls, you will probably want another one, and soon you will have a preferred Baby Bratz. My favorite Baby Bratz is Jade; what's yours?

Copyright © Jared Winston, 2006. All Rights Reserved.

CDC Testing Recommendation to Fall on Deaf Ears

The Centers for Disease Control and Prevention and Prevention has sounded the alarm on what can only be described as a potential epidemic of hepatitis C.

At risk, according to the CDC, is an entire generation. It recommends that every baby boomer, persons born between 1945 and 1965, be tested for potentially fatal the virus.

Will baby boomers heed the message?

It's doubful.

Hepatitis C is a virus which in approximately 85 percent of infected people becomes chronic. Over time, chronic HCV damages the liver by cairrhosis, liver cancer and liver failure. The CDC says that one in 30 baby boomers are infected with chronic HVC and estimates that baby boomers account for more than 75 percent of the hepatitis C cases and are five times more likely than other adults to become infected.

So why is it unlucky baby boomers will demand testing?

Hepatitis C is classified as a sexually transmitted disease. It is associated with dirty needles and drug use. It carries with it a taint. Why would anyone who did not participate in the kind of lifestyle claimed by these behaviors demand testing?

What is not well known is that the virus was only discovered in 1989. It is also not well known that the nation's blood supply was not screened for the virus until 1992. This means that anyone who experienced a transfusion prior to 1992 is at risk for hepatitis C.

Population segments particularly at risk are baby boomers who worked in the health care field and who served in Vietnam. As noted, hepatitis C was not even identified until 1989, long after boomers came home from a bloody war. In addition, no precautions were in place guarding against hepatitis C for health care workers in the decades prior to 1992.

The CDC and other health care organizations must work to remove the taint from the disease before they can expect baby boomer compliance with this recommendation.

A place to start is with the World Health Organization. The WHO compiles the International Classification of Diseases. This compilation is the standard diagnostic tool used for epidemiology, health management and clinical purposes by all member nations of the United Nations since 1994.

It classifies hepatitis C as a sexually transmitted disease.

But on what basis?

Study after study suggests that hepatitis C is not "efficiently" transmitted through sex. These studies find that the risk of transmitting the infection through sex is low or non-existent. Moreover, one study, albeit, an older one suggests that body fluids of patients with chronic hepatitis C are rarely, if ever, contaminated with the hepatitis C virus.

So if hepatitis C is not effectively transmitted through sex, if even the body fluids (semen and saliva) of chronic hepatitis C patients are not contaminated with the virus (and so can not be transmitted), why is it classified as a sexually transmitted disease?
It's time to re-think this classification.

The WHO is currently reviewing its International Classification of Diseases with a completion deadline of 2015. It should carefully review the literature, including the studies referred above, and provide a new and more appropriate disease classification.

This will encourage compliance with the CDC recommendations. And, it is important to note that hepatitis C patients suffer enough without an unnecessary and unwarranted stigma attached.

Why Downtown Los Angeles Is the Place for Alternative Commercial Money Lenders to Focus on in 2016

All reports show that baby boomers are our up-and-coming home buyers. Baby boomer professionals with money are looking to settle down and buy parcels of land that they can call their own and, if they have children, pass on to coming generations. Baby boomers mostly live, work and play in downtown Los Angeles and that is why this article suggests that alternative commercial hard money lenders may want to consider focusing their business on that area.

Downtown Los Angeles

Downtown Los Angeles is the central business district of Los Angeles, as well as a diverse residential neighborhood of some 50,000 people at this time of writing. A 2013 study found that the district is home to over 500,000 jobs. Wikipedia mentions that the district declined economically and suffered a downturn for decades until the early 2000s. Now, construction is brisk. Old buildings are being modified for new uses, and skyscrapers have been built. Downtown Los Angeles is known for its government buildings, parks, theaters and other public places.

Downtown Los Angeles is flanked by Echo Park to the north and northwest, Chinatown to the northeast, Boyle Heights to the east, Vernon to the south, Historic South Central and University Park to the southwest and Pico-Union and Westlake to the west. It is bounded on the northeast by Cesar Chavez Avenue, on the east by the Los Angeles River, on the south by the Los Angeles city line with Vernon, on the southwest by East Washington Boulevard and on the west by the 110 Freeway or Beaudry Avenue, including the entire Four Level Interchange with Highway 101.

In 2013, a study by Downtown Center Business Improvement District (DCBID) showed that of the 52,400 people resided in Downtown Los Angeles, the demographic breakdown was 52.7% Caucasian, 20.1% Asian, 17.0% Latino, and 6.2% African-American; 52.9% female, 47.1% male; and 74.8% of residents were between the ages of 23-44.The median age for residents was 3. The median household income was $98,700. The median household size was 1.8. In terms of educational attainment, 80.1% of residents had completed at least 4 years of college. The study was a self-selecting sample of 8,841 respondents across the Downtown LA area. It was not a “census” but rather a comprehensive survey of Downtown LA consumers.

Downtown Los Angeles and baby boomers

Downtown Los Angeles seems to be the territory of baby boomers. Research shows that baby boomers gravitate towards work/live/ play environments and LA certainly has all of that. According to a map from JLL that tracks millennials and baby boomers, Downtown Los Angeles outnumbers baby boomers by 10% in a consumer market. In most of the industry markets in Los Angeles, the breakdown is 25% millennials to 21% baby boomers.

Taylor Coyne, researcher of JLL, says that this information indicates where we need to build housing:

There is a huge demand for affordable housing in L.A. and understanding where one of the largest population groups wants to live, what amenities are most important to them, and what neighborhoods they can currently afford, could help guide development.

Baby boomers living in LA have upped their income during the last few years. They are focusing on their investment portfolios. A large number of baby boomers live in downtime LA. It only makes sense to construct there. It would also make sense for private money lenders to take another look at this area.

Downtown Los Angeles and private money lenders

Baby boomers, as the JLL report also shows, are the up and coming home buyers… Companies are making use of this research and setting up businesses accordingly. Money lenders may want to take this data into consideration,too.

Los Angeles is pricey. Most of its homes tossed from out of the reach of the regular man or woman of the street. Many prospective investors, too, are likely to find themselves shunned by local banks who are becoming increasingly reluctant to loan the necessary funds. Reports show that entrepreneurs and owners of startups comprise the bulk of business for hard money/bridge/ private lenders when it comes to commercial lending. A large segment of those who seek loans to start their own business, market some invention, or engage in some other entrepreneurial project are baby boomers. Many of these individuals live in LA. The population is the perfect target market of private money lenders!

More so, many of these baby boomers have the necessary resources for going into the risky deals that constitute hard loans. They are willing and primed to deal with high repayments and the possible risk of losing their property. Many borrowers tend to sandwich hard money loans with bank loans. The entrepreneurial mindset is adapt to and habituated in taking risks. Baby boomers and private money lenders seem to be a match made in heaven. Or, at least, in the sometimes heaven of downtown LA.

Finally, although not conclusively, baby boomers are known as the “fast generation”. They doped on speed when young and fizz themselves with business speed when older. Their hyped up world of fast business deals and the now and immediate syncs with the hard money lender who beats the banks by offering customized McDonalds’-fast deals. Many investors or business owners cannot afford to wait the 2-3 months process that is demanded by the banks nor do they have the time or patience to fill out the numerous forms. Commercial private investors offer an alternative. Money can switch hands in shorter than a week. Forms are few. Schedules and terms are adjusted according to your convenience. No bank provides that! There is a comfortable face-to-face setting.

In short, downtown Los Angeles is the ideal place for hard money commercial lenders to set up court since it is the residence of baby boomers. And baby boomers – well, they are the ones buying homes right now.