Thursday, January 17, 2019

RETIREMENT IS WONDERFUL FOR AGING BABY BOOMERS IF ...

WELCOME TO BABY BOOMER MEMOS
BLOG #68
RETIREMENT IS WONDERFUL FOR AGING BABY BOOMERS IF ...

Baby Boomers who thrive in post-retirement believe it is never too late to pursue aspirations and achieve meaningful (to us) goals.

Thriving retirees occupy work-free time with causes, interests, and passions. For example, we volunteer for charities, get involved in civic associations, paint gorgeous landscapes, or write steamy novels. Some of us take classes, acquire new skills, and start encore careers.

Alternatively, many retirees fulfill long-standing travel wish lists. Work-free time is spent planning, packing, and then journeying to myriad destinations.

Affluent boomers take luxurious trips, while those with limited funds find budget-friendly places of interest. Road warriors drive far-and-wide in RVs. Adventure seekers explore distant, unfamiliar locations; less adventurous retirees prefer revisiting favorite spots.

NOTE
Cruises are popular among Baby Boomers and attract couples as well as singles. By the way, singles are not the only solo travelers. Quite a few marrieds travel alone because spouses choose to stay home. Bon Voyage!

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Retirement Is Difficult If ...

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Email: drwendykyman@gmail.com


Thursday, January 10, 2019

CAREER STATUS INFLUENCES WHEN AGING BABY BOOMERS RETIRE

WELCOME TO BABY BOOMER MEMOS
BLOG #67
CAREER STATUS INFLUENCES WHEN AGING BABY BOOMERS RETIRE

Regardless of occupation, Baby Boomers report that career status influences retirement decisions. In this case, status is identified as either the 'sweet spot' or the 'sour spot.'

The 'sweet spot' is the rewarding stage of employment when we have mastered the ins-and-outs of our jobs, are respected by colleagues, no longer have to prove ourselves, and just glide. Generally, gliding boomers tend to delay retirement.

In contrast, the 'sour spot' is the dreadful stage of employment when we are worn-out from the stress, aggravation, and/or boredom of daily workdays, and just burnout. Generally, burnt-out boomers feel an urgency to retire.

NOTE
Burnt-out Baby Boomers who still need to, or want to, continue working use creativity and determination to find new employment opportunities. It often entails switching gears and trying something different, an encore career. 
Many boomers have gone through this challenging but worthwhile endeavor, and have succeeded. Yay us!

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Boomers Thrive In Post-Retirement ...

CONTACT INFORMATION
Email:  drwendykyman@gmail.com

Thursday, January 3, 2019

WHEN IS THE RIGHT TIME FOR AGING BABY BOOMERS TO RETIRE?

WELCOME TO BABY BOOMER MEMOS
BLOG #66
WHEN IS THE RIGHT TIME FOR AGING BABY BOOMERS TO RETIRE?

Retirement is a huge life-changing milestone for Baby Boomers. How do boomers know when the time is right to retire?

For many, the right time is determined by money, money, and money. Do we have sound financial resources - sufficient pensions, investments, and/or savings - to support a comfortable post-retirement lifestyle?

For some, the right time is determined by well-defined plans for post-retirement. Do we have compelling interests, exciting passions, and/or ardent causes that will keep us engaged and focused?

Although experts agree that boomers should have post-retirement plans firmly in place before retiring, unsurprisingly, quite a few of us scoff at experts' advice and prefer to 'wing it.'

NOTE
Sometimes, the timing is wrong, but circumstances compel Baby Boomers to retire. 
For example, personal medical issues prevent us from effectively carrying out work responsibilities.
Or, family members' medical issues require us to devote increasingly more time to care for them and less time to be available to do our jobs.

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Career Status Influences Boomers' Retirement Decisions ...

CONTACT INFORMATION
Email:  drwendykyman@gmail.com