The statistics are clear. As reported by Natasha Tiku in Inc. magazine, "Over the next two decades, 78 million Baby Boomers will turn 65, the traditional retirement age. That's going to create a talent shortage, particularly in industries such as healthcare, education, engineering, and financial services. In 2005, workers over 55 represented 16 percent of the workforce; by 2020 that number will rise to almost 25 percent."
Small to mid-sized companies (defined as companies with few