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CBS Money Watch · Jun 5, 2025 10:26 PM EDT Not market news

Ending retirement with cupcakes

Once Ray Boutwell worked in a bakery. But retirement wasn't sitting well with him, so at age 93 he started again from scratch, opening up his own business for the first time: Ray's Boozy Cupcakes, in Voorhees Township, New Jersey. (Yes, some cupcakes are actually infused with alcohol.) And now his big gamble is paying off, as Steve Hartman discovered.

Ending retirement with cupcakes
Image CBS Money Watch

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