Baby boomers have diverse opinions about what makes the “perfect retirement”. In fact, most of us aren’t planning on retiring at all, at least in a traditional sense. Instead, the majority of baby boomers say that they want to continue to work past retirement age, either in their existing job or by starting a new career. The rest are looking forward to taking a well-deserved break after decades in the workforce.
Most baby boomers dream of owning their home in retirement. Whether they plan on staying put or moving to a new country, they find the idea of owning their home “free and clear” extremely comforting.
The concept of “retirement” has become deeply ingrained in many aspects of society. Thanks to decades of marketing from financial services companies, not to mention governments around the world, most of us have come to see retirement as an expectation, if not a right.
On the surface, having a retirement age is a fantastic idea. Who could argue with the concept that, after decades in the workforce, people should be able to relax and enjoy the fruits of their labor?
They say that money talks. Well, if the faces on our U.S. currency are anything to go by, it’s clear that money speaks with a male voice. On the surface, this might seem like a small issue. After all, does it really matter that every single dollar denomination features a male American President or Treasury Secretary?
Well, according to Women on 20s, getting a woman on the $20 bill would be a big deal indeed.
Baby boomers have always been masters of reinvention. In every decade of our lives, we have challenged the status quo and lived life on our own terms. Some have accused us of being selfish for exactly this reason. But, deep down, our attempts to reinvent ourselves were rooted in our desire to get the most from life.
The Great Recession, which officially lasted from December 2007 to June 2009, was hard on older workers. In the years following the financial crisis, people from all walks of life struggled to find work – and those lucky enough to have savings found them greatly depleted. The good news is that, on paper, the economy is on the mend.
If you are wondering how to make money in retirement, our contributor, Lynda Goldman, has some excellent suggestions. Why not share your passion for health with the world, while funding your dreams?
For most of my life I’ve been unemployable.
That doesn’t mean I haven’t had jobs. I was a college language teacher for many years. That led to an opportunity to write textbooks – and I found that I loved the creativity of writing.
I then went freelance and got contracts to write training programs for corporations.
In a previous article, I discussed how to improve your craft skills so that you can get ready to sell your handmade items online. But, once you feel like you have reached a certain level of proficiency, the question still remains – what should you produce?
If you think about the word “entrepreneur,” what image springs to mind? Maybe you thought of the actor who played Marc Zuckerberg in the film, “The Social Network”. Or, perhaps you imagined Bill Gates, Steve Jobs or another young technology genius, who started a technology empire from his or her basement. You probably didn’t think of a retired 57-year old tax consultant from St. Louis. If so, your instinct was way off.