Babyboomer articles reflecting the reality of the life of the babyboomer generation in retirement and the challenges they face.
When preparing for retirement it's not just the financial planning that has to be taken into account. This is a new phase of your life beginning, it's huge yet so many of us drift into it without giving it much thought. - Read more at: Preparing for Retirement.
A recent article caught my eye in the 'Mail on Sunday' written by Anna Moore. It was titled 'Is the bank of M & D about to Crash? She warns that with the cost of bailing out our adult children rocketing, the Bank of Mum Dad is staying open longer ... but many parents are putting their own security at risk.' - Read more at: When to Retire?
cost of elderly home care is soaring and the quality of the delivery of
care is also a worry so I was particularly interested in a new
initiative that has been introduced in the UK called "Homesharing". - Read more at: Elderly-home-care.
We are being called the "silver splitters", or grey divorcees. We were the generation that seemed to have it all but we're still searching for that elusive magic called "happiness" even in retirement. - Read more: Babyboomer Divorce Rate Soaring!
boomer retirement may turn out to be disappointing according to a
recent survey carried out by one of the UK's leading Building
It seems that even for those that have been planning and dreaming about their retirement for years can quickly become disillusioned with retirement. - Read more: Babyboomer retirement can cause boredom!
There has been various reports in the press recently about dealing with loneliness. Research carried out by the relationship support organization Relate revealed that nearly one in 10 people said they do not have a single close friend and almost one in five rarely or never feeling loved in the two weeks before the survey. - Read more Dealing with Loneliness.
What would your golden rules for living a good life be if you were asked to advise the younger generation stepping out today on life's adventure? Read more The 50 Golden Oldie Rules for Living a Good Life
A recent study carried out reveals a babyboomer wealth gap. The report carried out by the Institute of Fiscal Studies (IFS) has found that 8 out 10 babyboomer couples who have had the privilege of enjoying the long decades of post war prosperity with the support of the welfare state, generous occupational pensions and soaring house values are better off in retirement than when they were working!
Read more Babyboomer Wealth Gap
We seem to be in the grip of a Boomarang Generation - the adult children who return to live with Mum and Dad. Ive seen it with various friends when their children have returned home for short periods of time usually following a divorce or loss of employment resulting in no longer being able to pay the rent or the mortgage. But I never dreamt that in retirement at the age of 70 I would be faced with taking my homeless and penniless son in.
Read more - Boomarang Generation