Baby Boomer Exodus Puts Many Industries at Risk

Baby Boomers make up more of the U.S. work force -- 38 percent -- than any other age group, and even with the recession forcing many to delay retirement a few years, the first Boomers will turn 65 in 2011 and will begin retiring.

That will be the beginning of a retirement boom over the next five years, giving businesses some lead time to capture that departing knowledge and giving younger workers in industries crowded with Boomers room to move up, said Ken Ball, co-author with Gina Gotsill of the new book 'Surviving the Baby Boomer Exodus.'