I attended a webinar this morning where the financial presenters reiterated that about two-thirds of today's 50+ Baby Boomers do not have enough funds stashed away to survive in retirement. Moreover, they basically stated that financial companies and retirement planners have no answer for these Boomers, and are essentially focusing their efforts on those with assets worth their time. As far as they are concerned, the majority of Boomers approaching retirement are s*#t out of luck. 

• Bunching together to buy or rent homes so they can reduce their financial burden by sharing expenses.
• Starting home-based businesses to generate extra income. In fact, Boomers age 50 and above are the fastest growing group of entrepreneurs. 
• Comfortably retiring south of the border where the American dollar goes a lot further.
• If they own their home or still have equity,selling their abode and moving to less expensive locations where housing and the cost of living is cheaper. If they are upside-down on their mortgage and can't sell, many Boomers are renting out their current home to cover the bills and possibly create income, then relocating to a cheaper area.
• Creating "villages" where collective food buying, transportation, etc., allows retiring Boomers to get more bang for their retirement dollars and thus stay in their neighborhood.
• Reviving carry-back financing to sell their homes in a down market while enjoying a higher income stream than possible at today's interest rates.