10 Ways Baby Boomers Will Reinvent Retirement

Reader Comments

Back to article

Thank you for this excellent list of the factors causing the nature of retirement to change for baby boomers. I think it points to the forces that are making baby boomers shift to some form of "semi-retirement" as the solution for the next stage of life.

Shallie Bey of TX 7:19AM October 08, 2011

Hello Everyone,

I know there are some of you that are wondering why there is so much month at the end of the money. well, the primary cause is due to your employers not really explaining that you would be living of 40% of the salary you earn when working for all of those years. I am supplementing my retirement with a fun project that helps me to have money in my pocket at the end of the month. I have met a lot of people from around the country in my age bracket (60-65) that have put themselves in position to earn more money now that they earned during employment.

During this phase of my life, I am staying healthy by using some of the greatest products that increase vitality and stamina. My blood pressure is down, my cholesterol levels is in check, my libido is smoking...lol. I want to share with you guys what I am doing to enjoy life and not have financial worries at the end of the month. If you would like to know what I am doing, feel free to contactc me.

Amos Jones of SC 7:15PM April 20, 2011

At 73, life is good and getting better--in every way: mentally, physically, emotionally and spiritually. By choice, I don't have a doctor and never need even over-the-counter medication. Though excessive stress in earlier years took their toll to the point of breakdown, I've worked my way back to functionality without professional help.

Now I feel as though I'm at the beginning of my life, with a whole future ahead of me. Though I'm at the bottom of the Social Security heap and have no savings, the credit I was able to obtain almost three months ago has enabled me to buy equipment and enough supplies to begin working on my designs, which I expect to be able to begin licensing within the next two years. It will take that long because I still need to purchase more supplies to continue refining my skills. The way I see it, this world is a gigantic pinata and I'm going to take a good whack at it to release its goodies not just for myself, but for others as well. Until then, I keep in mind John Keats' thought: "A thing of beauty is a joy forever." And Franz Kafka will get the final word here: "Anyone who keeps the ability to see beauty never grows old" (cited in Aged to Perfection--publr: Great Quotations, Inc.).

Nancy of OH 2:17AM April 09, 2011

This universe is vast. It's big enough to save my ass! Quote by Brenda Floyd

Brenda of AL 10:13AM April 06, 2011

I have a business that actually employs older active adults. It puts some money in their pockets and gives them an opportunity to help others. It is a win-win situation.. My employees derive great satisfaction in the fact that they can help other older adults remain independent. Older adults make terrific employees and understand the issues that others face. It is a perfect scenario!

Janice of MA 9:10AM January 06, 2011

How happy I was to see the articles and read the comments. I am a Real Estate Agent which indeed is another conversation all together. But I am a newly retired Social Security Recipitent and I am indeed shocked, not surprised but shocked with all the new changes happening in my life. I worked for many years for this day, did not save as I should but I did do something, And now I hear comments from rich people who are saying the Baby Boomers are asking the government for Medicare and because of this the country is going to go broke. Well my thought is "We the Baby Boomers, used our strength, youth and Education to make these Big Business people who and what they are today. Now we are trying to help with our grand children even though we ourselves might not be in the best health, but we are trying to help our children. So we have paid our dues,now who is out there to help us. I worked on a job for 18 years where unemployment benefits were taken from my wages, thank God I never had to use it, but the point is the funds were taken out in the event of. So i did help somebody. So as a Baby Boomer I conclude to God Be the Glory if Life and Health last a way will be made.

catherine of AL 3:46PM January 05, 2011

couldnt say it better myself. You are absolutely right.

Sherrie of LA 4:22PM January 04, 2011

I WAS BORN IN 1965, I've Always felt confused about generations, baby boomer? or generation x, the thing is when the Vietnam war was over I was in America. I was born in Mexico. Yet I watched all of the war news and I knew the love and peace sign. I knew everything American. In 1974 my parents migrated to a little town called Oakdale, Ca. I still feel like a flower child even though I was only 5 years old when the Vietnam memories come in my mind. All from T.V. so I feel very American but am I a baby boomer? I don"t think that I'm going to retire ever I want to work and help people and I don't want to ever sit on a rocking chair retired I want to walk my dog and go get ice cream at the beach with my grandchildren and I want to go to Vegas and well take water aerobic classes and take walks in the park with my younger husband which is a veteran by the way. I don't ever want to retire!

Gloria Valdovinos of CA 10:37PM August 22, 2010

Episode 47 of Lake Weir Living, America's Toy Friendly & Outdoor Enthusiast Residential Community, is up and ready for you. Watch! Enjoy weekly updates!

http://www.lakeweirlivingblog.com/

lakeweirliving of FL 11:27PM August 01, 2010

Just a comment for Mother’s, Grandmothers, Dad’s, Grandfathers.

Stop spoiling the ‘future’ generation, because you are training them to have a life of debt and immediate gratification.

I work at a store and daily I observe a parent or grandparent buying useless things for their little kids. The kids know exactly where the ‘toy aisle’ is and they bring breakable toys, to my register, the toys would probably last for only a day or two. And when the adult says “NO”, the kids cry and have tantrums until the adult ‘gives in’.

I always tell the parent “Don’t you remember when YOU were a child? You only got a gift on your birthday and for Christmas and you were fine with it!” I say it to ‘wake the parent up’ but most of the time it’s of no use.

Only one (1) time in my many years of working did I hear the following. A kid wanted a toy and told his dad, “Dad,.... I love you”

And the father replied “I love you too, but I am NOT going to buy you anything!” I loved it….. I really loved it, that father was doing the kid a favor that will last a life time.

When I was about 15 years old, my father and I took my little niece to the market. And most markets have a horse or mary-go-round in front of the store. Well, my father placed my 4 year old niece on the ride and she loved it…. The following week, again we went to the market and my niece ran towards the mary-go-round. This time my Dad said ‘no’. She was fine with the answer but I asked him, “Why? It only cost 25 cents”. He wisely said, “You CAN’T do it every time”. Boy, that was a good lesson that I learned. My niece is now 30 years old and she never gave her parents or us any trouble growing up. She was always loved, but never spoiled.

IF YOU DON’T LET THEM CRY NOW…. THEN YOU’LL BE CRYING LATER.

Nina of CA 3:10PM July 27, 2010

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Back to article

U.S. News Rankings & Research

U.S. News delivers quality analysis and clear objective rankings to help you make informed financial decisions.

advertisement

Slide Shows

The 10 Most Educated Places to Retire

These smart cities have a large number of highly educated retirees.

Featured Videos

Depression

Learn how to recognize the symptoms.

Suffering from Migraines?

Know your triggers to prevent a migraine meltdown.

Rheumatoid Arthritis

Rheumatoid Arthritis can affect the young and old alike.

EASY RETIREMENT CALCULATOR

Our retirement readiness calculator will provide a rough idea of how long your retirement savings and income will last.


Latest Video

advertisement