Is retirement within reach? It’s time to take stock of your nest egg (The Kansas City Star)
If you’re one of the millions of baby boomers turning 59½ this year, 2007 will be a financial milestone of sorts.
If you’re one of the millions of baby boomers turning 59½ this year, 2007 will be a financial milestone of sorts.
Provivienda Group, Panamana’s premier real estate developer, has launched five new communities in Panama appealing to buyers from all over the world. Four of the communities are located in Panama City and the fifth, Bijao is near Santa Clara. (PRWeb Jun 30, 2007) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/WmV0YS1NYWduLUVtcHQtUGlnZy1UaGlyLVplcm8=
Internet education firm targets younger students, bringin in profit beyond expectations.
Baby boomers aren’t exactly known for cleaving to tradition, and when it comes to retirement their views are no less unconventional than you’d expect: A poll by AARP says four out of five anticipate working during their retirement.
Jerry Holland has been a religious skeptic, an atheist and a spiritual seeker. Now he’s become something he never would have envisioned when he was a restless teenager who read Charles Darwin in secret because he didn’t want his Southern Baptist parents to know he was learning about evolution.
The baby boomers gave us so much: the cult of the Grateful Dead, the cult of the Volkswagen Bug and later the cult of shameless material excess. Now they are giving us something else: a human resources crisis in the making.
Helene Pier fondly remembers some wild times at Casey’s club in Clifton, where she would dance all night with other children of the ’60s. Casey’s is gone, but Pier’s memories — and a hope to recreate them — remain. “They were exciting times.
Older workers bring a level of expertise and practical experience that comes only with time. But employers will be reluctant to hire you if your technical skills haven’t kept pace with advances in your field. Increase your odds of landing a good position by boning up on your computer skills and learning what’s going on at the cutting edge of your field.
When you’re ready to begin looking for a new job, talk to your current employer first. Your inside knowledge of the company culture and practices will be hard to replace and the company may be willing to offer you a part-time or consultant position to keep you in the fold.
search for : Older worker
The number of seniors is on the rise, and as more and more baby boomers end up on the far side of 60 and 70, there could be a rising concern about the skills and abilities of this group to drive. In fact, many of them may decide to leave the car behind, and that creates problems of education and information. The AAA Foundation for Traffic Safety is seeing the future and is already working on …
NEW YORK (MarketWatch) — The baby boomers aren’t exactly known for cleaving to tradition, and when it comes to retirement their views are no less unconventional than you’d expect.
“We’re faced with two compelling generations: One: The baby boomers who’ve lived through decades of excess and indulgence. Two: The Gen Y children of Gen X, who have been taught that they can do anything and don’t settle for mediocrity. Kind of Hubris meets Machiavelli. Why wouldn’t we expect a cross-generational collusion that diverts mass media?” –Marie Lena Tupot, partner, scenarioDNA
According to this Denver Post article, inadequate retirement savings, stagnating pension benefits and cuts in retirement health benefits will make it necessary for some of them to continue working. Others want to stay active, working in a flexible environment that leaves them time for travel, attending classes and leisure activities. Some want to start their own businesses.
“When you look at the boomer generation, it is the people who had the opportunity for the best jobs and education, and that is not us,” said one 60-year-old Latina quoted in the study. Only 23.3 percent of African-American respondents expect to be retired in 10 years compared with 33 percent for Latinos and 37 percent of white respondents.
The good news for those who either need or want to continue working is that they will find a serendipitous shortage of workers in government, health care, teaching and other fields, said Marc Freedman, chief executive of Civic Ventures, a think tank and incubator that works on programs involving older workers.
search for : retirement savings, pension benefits, retirement health benefit
If Marc Freedman is right, the American workplace will soon undergo its largest transformation since the women’s movement. The agents of this change? The many baby boomers who plan to delay their retirement for an “encore career.”
When it comes to designing a gym, it’s not all about attracting the hard bodies anymore, and when it comes to senior fitness, there’s more out there than water aerobics.
According to this article, as more of America’s baby boomers start entering their 60s, more startup gyms are homing in on a more mature market.
The business potential is huge, and expanding. Club 50, a fitness chain for the over-40 crowd that has mushroomed to more than 40 franchises since it began in 2003, points out that seniors control more than 70 percent of the country’s disposable income. And the oldest of the baby boomers, born between 1946 and 1964, started turning 60 last year.
In less than 25 years, there will be more than 71 million 65-year-olds, twice as many as there were in 2000, according to the National Association of Area Agencies on Aging.
search for : baby boomers
Baby boomers have spent much of their lives on families and careers; now they are working on themselves.