Babyboomer News
March 2016

Greetings Babyboomers'

Wishing you all a Happy Easter!

Spring has sprung and the lighter nights are already starting to make a difference.   The UK will put their clocks forward an hour next weekend and Hooray say all of us!  Now we just need some warm sunshine to revive us all from the winter blues.

Perhaps you're thinking of holidays and where you're going to go this year.  Don't forget to check out the Best Vacations section for loads of ideas.

This month's Topics of Interest

As I said in my last newsletter The oldest babyboomers will be celebrating their 70th birthdays this year.  It's interesting to see how things are shaping up for them. A recent report carried out in the US shows that more and more babyboomers are remaining in some kind of work longer.

Why Babyboomers Refuse to Retire!

Five years ago, in 2011, the first wave of the oldest U.S. baby boomers reached the common retirement age of 65. Since then, another 10,000 each day continue to reach this stage in their lives. The U.S. Census Bureau calculates that by 2020, 55.9 million people in the U.S. will be age 65 or older, and by 2030, that number will reach 72.7 million.  "Nearly half of boomers still working say they don’t expect to retire until they are 66 or older, including one in 10 who predict they will never retire."

How will all these aging boomers thrive in the 21st century? According to many experts on aging, it's increasingly by staying in the workforce, at the very least on a part-time basis. As noted by Gallup in their "Many Baby Boomers Reluctant to Retire" report, "Nearly half of boomers still working say they don’t expect to retire until they are 66 or older, including one in 10 who predict they will never retire."

To read more

Click here to tell us whether you're still working and why?

Are You a Dog Lover!

For those of you in the UK who are dog lovers.

Perhaps you've had a dog in the past but feel you don't want the full responsibility of owning another dog in retirement because they can be expensive to keep.

Or perhaps you have a dog but hate the idea of putting it in kennels every time you want to go on holiday. 

I came  across this site  recently which sounds like a brilliant idea. You might like to check it out  Holidays 4 Dogs.

What does the Budget mean for older people?

Putting the politics aside that surrounded th Budget last week we found this summary that explain the changes that may affect you.

The Chancellor George Osborne delivered the Budget to Parliament on 16 March 2016. We’ve looked at the changes that are most likely to affect you, and also explained other changes previously announced.

New State Pension is introduced

Changes to the State Pension will be introduced on 6 April 2016. The new system is designed to be simpler, replacing basic and additional pensions with a new single-tier pension.

The new State Pension rules only apply to people who reach State Pension age on or after 6 April 2016. If you reached State Pension age before that, you will be claiming under the old system (which includes basic and additional State Pension), even if you deferred your claim. Read our webpage on new State Pension for more information.

The current basic State Pension will go up to £119.30 a week from April.

The full flat-rate amount for new State Pension will be £155.65 a week.

Pension Credit is changing

There will be limitations to claiming Savings Credit if you reach State Pension age on or after 6 April 2016. Read the webpage on the changes to Pension Credit to find out more.

Read more:

Why Women Age So Fast!

An interesting take on the joys of growing older with a younger man on your arm.

After a recent stay in hospital

  • Marion McGilvary, 58, has struggled with looking older recently
  • She is with a man five years younger -  she thinks makes her look older
  • Thinks that for women, being the less attractive partner carries stigma.

The nurse told me my son and daughter had come to visit. I was in hospital. Sick. Anxious. Stressed. As I shuffled off the ward to greet my visitors, I was mystified. One son was in Brazil, the other in Scotland. How could that be?

And then I saw them. My eldest daughter and, no, not my son, but my partner of three years.

He leant over to kiss me hello and I recoiled, watching the nurse out of the corner of my eye. 'You can't kiss me - they think you're my son,' I hissed.

Read on:

To see other new or updated  articles go to the Babyboomers Blog page.

That's it until next time.  Keep smiling!

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