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Threats to a comfortable retirement lifestyle
Royce Shook · Over the past few months, I have been reading about three forces—inflation, the baby boomer great retirement trend, and new regulations. · First, there’s inflation. It’s understandable to have concerns about inflation, the cost of retirement, and the cost of potential new governm ...
Threats to a comfortable retirement lifestyle
Royce Shook · Over the past few months, I have been reading about three forces—inflation, the baby boomer great retirement trend, and new regulations. · First, there’s inflation. It’s understandable to have concerns about inflation, the cost of retirement, and the cost of potential new governm ...
Boomers vs Generation X
Royce Shook · Generation X, also known as Gen X, refers to people who were born between the mid-1960s and the early 1980s. We often characterize this generation as being independent, resourceful, and adaptable. We know them for being the first generation to grow up with personal computers and ...
We didn't start the fire
Royce Shook · Thanks to Colleen for this · Boomers are constantly being criticized for every conceivable deficiency of the modern world, real or imaginary. I know, we take responsibility for all we have done and do not try to blame others. · HOWEVER, · upon reflection, I would like to point ou ...
What Boomers want in retirement 1
Royce Shook · What Retirees Want: A Holistic View of Life's Third Age, by Ken Dychtwald, Robert Morison a book I recommend for those who want to understand the impact boomers are having on retirement. · What Retirees Want” is justified because the authors surveyed over 100,000 boomers. The aut ...
Retirement in dangerous times
Royce Shook · The mayhem caused by COVID-19 has not just disrupted the working lives of millennials, but also older professionals. While the youth struggle to find a job, care for families and pay their loans in an economy that’s sliding into recession, older professionals have the added burde ...
The last wave of Boomers turns 56, what happened to Freedom 55?
Royce Shook · The oldest of my generation, the Boomers, will turn 75 in 2021. The youngest will be 57. The Boomers made marks on society as we grew, due to the force of numbers. We fought for peace while waging war, we used illegal drugs while fighting the war on drugs, we lined up for cheap g ...
Boomers - The Label Shapers
CityVP Manjit · For the record I was born in 1961. · For the record Barack Obama was born in 1961. · For the record Douglas Coupland was born in 1961. · How does this class of 1961 compare with the class of 1946 that include Donald Trump, Bill Clinton and George W. Bush? · Whatever the differenc ...
Attitudes, behaviors and lifestyle impact ideas about inheritance
Royce Shook · While seniors often take pride in living frugally to provide for their loved ones after they have passed on, Boomers have grown up understanding there is a direct correlation between hard work and rewards, and may, therefore, believe that hard-earned rewards should be enjoyed. · ...
Factors impacting size of your inheritance
Royce Shook · An inheritance can be impacted by: · Life expectancy and retirement age · Unanticipated events and health care expenses · Challenging markets, interest rates and inflation · Taxes on death · Family size · Life expectancy and retirement age · Thanks to healthier lifestyles ...
Passing it on: What will future inheritances look like?
Royce Shook · I was talking with one of the people who raise funds for a local charity that I support and we talked about the idea of legacy giving, and she said that many seniors are thinking about this idea, but are not ready to move forward on it yet. This is a shift that I think is encoura ...
Are You a Quick Change Artist?
Jim Taggart · Do you like the status quo? Where you can maintain your routine at work, keep the co-workers you like, as well as a boss? If you answered yes then here’s a surprise for you: you’re living on some distant planet. · Stability in the workplace was more a feature of when my late dad ...
Instant Pudding Learning and Multitasking: A Leadership Challenge
Jim Taggart · If you’re a young person (in your twenties), what’s your preferred way to learn? How do you engage with older co-workers (mid forties-plus) in the workplace when it comes to learning or asking for advice? Or have you written off older people as has-beens? · If you’re an older Bab ...
Are you the Family Banker?
Royce Shook · I was talking to my brother as he was doing the math needed to see when he could retire. As part of the conversation, he told me that his son was soon going to be in a position to start to pay back the loans my brother had given him to get his degree. I have another friend that a ...
Busted Boomers
CityVP Manjit · Buzz Submitted by : Cèlia Hil · Buzz : La Revolución Madurescente · Original Buzz featured a Spanish TED Talk with Laura Rosillo where "Madurescente" is a play on the word adolescence - or adolescence in mid-life - which Jacques called "Mid-Life Crisis" - but Rosillo treats ...
Empowered Age
Royce Shook · In a previous post, I talked about people continue to want to work after they retire. Well since we live in an entrepreneurial society, where there is a need/want there will be those eager and willing to fill that need. · I came across the website Empowered Age on a blog I read c ...
What’s Next on Baby Boomers’ To-Do Lists? Time to Think About Our Succession Plans
Jim Taggart · I admit to being a task-oriented type of guy, despite being known for generating ideas and preferring the big-picture over details. And as a Boomer in his early sixties, I’ve been down the proverbial “Been-there, done (most of) that” routines. Let’s take a look, and if you’re a B ...
Working after retirement, why do it?
Royce Shook · More than 40% of Boomers will continue to work after they retire for many reasons, one of these reasons is to ensure that retirement savings will last throughout retirement. · From the perspective of an early Boomer (it means I and my friends are ahead of the curve and I refer to ...
The Boomer Never Knows When It's Friday
Jim Murray · Today is, evidently Friday, but you would never know that if you were in the Boomers head. · He has been working 7 days a week for so long than he no longer keeps track of what day it is. In fact he is almost completely reliant on the Reminders program in his Mac to let him know ...
What Can Gen Y Teach Baby Boomers?
Jim Taggart · Teaching in the traditional sense has involved a linear power relationship between the ‘master’ and the student. The same principle has applied to organizations, where new employees (usually in their twenties) yield to the authoritarian structure to learn “how we do things here.” ...
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