Sometimes the Greatest Satisfaction in Retirement Comes from the Little Things

Category: Baby Boomer Retirement Issues

January 10, 2015 — A lot of people have big plans for the exciting things they are going to do when they retire. Undoubtedly many of these will be memorable experiences and a source of pleasure. Now a new study puts a different perspective on that pursuit. The study looks at the kinds of experiences – ordinary vs. extraordinary – that create the most long term happiness. The biggest finding was this – as we age we tend to get just as much satisfaction from ordinary experiences as we do those extraordinary ones.

The study was published in the Journal of Consumer Research, “Happiness from Ordinary and Extraordinary Experiences“. Using analysis from Facebook posts, the authors of the study found some some surprising answers. It also mentioned earlier research that shows that experiences provide people with much more happiness than material possessions. (more…)

Posted by Admin on January 9th, 2015

Baby Boomer Nostalgia Galore – 50s American Cars in Cuba

Category: Baby Boomer Retirement Issues

December 21, 2014 — Welcome back to the 50’s! Your editor had the good fortune to visit Cuba this November, only a few weeks before news of the normalization of relations was announced by the President. We found Cuba to be a fascinating country of many contradictions. Our visit was educational (we went with the Florida TREE Institute) and extremely interesting.

One of the definite highlights of the trip was the chance to be surrounded by, and even ride in, countless cars of our baby boomer youth. We’d like to share this nostalgia through some musings and photos. As an interactive exercise, we’d like to enlist your help in identifying some cars that defy our cataloging skills. At the end of this article we will share a few brief observations about Cuba, if you care to read on.

Those glorious American cars of the 50s
This might be a guy thing, but when your editor was growing up in the 1950s cars were a significant (more…)

Posted by Admin on December 25th, 2014

Don’t Make These Internet and Social Media Mistakes

Category: Baby Boomer Retirement Issues

August 21, 2013 — Now that you are retired you probably have a little more free time to pursue the interests you always wanted to. You probably also have a desire to re-connect with old friends and family. The Internet and its so called “social media” sites like Facebook are a great way to fulfill both of those desires. Their easy to use tools can instantly and effortlessly put you in contact with family, friends, acquaintances, old school mates, army buddies, long lost lovers, etc. They can also help you pursue hobbies and interests with like-minded folks in a most enjoyable way. Unfortunately, they have downsides too. Used without some common sense precautions, social media can be destructive to relationships, dangerous to you and your property, or just plain annoying. This article will first discuss the concept of social media and then outline our list of the worst mistakes retirees can make in social media.

Growth and Use
Social media is one of the fastest and most pervasive developments of all time. Facebook, the first and by far the biggest social networking site, was only available to students at Harvard University when it began in 2004. That handful of users has exploded to over a billion today; the New York Times recently reported one out of 7 people in the world use Facebook now! The Pew Internet Project reports that 72% of the U.S. online population uses (more…)

Posted by Admin on August 21st, 2013

Top Baby Boomer Stories and Links of the Week

Category: Baby Boomer Retirement Issues

April 3, 2012 — Some weeks we run across so many good stories and helpful features. So rather than let them go to seed, we are providing them in a form of a list. If you are interested, and we think you should be, just click on the link to get more. Here goes (a few links might require subscription): (more…)

Posted by Admin on April 3rd, 2012

10 Retirement Pitches Baby Boomers Don’t Want to Hear

Category: Baby Boomer Retirement Issues

November 29, 2011 — Marketers have been salivating about baby boomers since the time we started overwhelming kindergartens in 1951. Developers are still excited about our huge numbers (76 million); today they are are eager to supply us with real estate for our “golden years”. Yet, just as when we were in our teens a lot of companies couldn’t connect with us, many of the people trying to market to us today are hopelessly young, and they don’t always get what makes us tick either.

One constant is that baby boomers will never think of themselves as old. Our bodies might not look much like what they did when we got naked at Woodstock, but, attitudinally, we still tend to place ourselves in our late teens or 20’s. Keeping that in mind, here are the top things that baby boomers don’t want to hear as they think about retirement. Some are contradictory, but heh, who ever (more…)

Posted by John Brady on November 28th, 2011

When Does “Old Age” Begin – And More Stuff for Baby Boomers

Category: Baby Boomer Retirement Issues

July 13, 2011 — When you were in college or just out of school, did your parents seem old to you? Mine were in their mid 50’s then, and they seemed a little bit old. Funny how mid-50’s feels awfully young these days. According to a new Associated poll, a lot of baby boomers feel the same way – the median age cited as starting to get old is 70, with a quarter going a lot higher, about 80. Younger adults, however, seem to think 60 represents the start of old age. The results among baby boomers make sense to us!

Other conclusions from the survey are interesting (more…)

Posted by John Brady on July 13th, 2011

Have Gun Will Travel: or, What Baby Boomer TV Show Would You Bring Back?

Category: Baby Boomer Retirement Issues

June 1, 2011 — NPR is running a call-in show today asking listeners what TV show they would bring back if they were in charge of the universe. It’s a contest anyone old enough to be a baby boomer might enjoy. Through the miracle of Netflix your editor just spent a few happy sessions on the exercise bike watching the 1st 3 shows in the “Have Gun Will Travel” series, which first aired in 1957. The show, as you probably remember, features Paladin, a gun for hire. One of the beauties of having lost so many brain cells… (more…)

Posted by John Brady on June 1st, 2011

As Baby Boomers Retire, Marketers Fall in Love with the Demographic All Over Again

Category: Baby Boomer Retirement Issues

February 8, 2011 — Having left the prized 18-45 year old marketing demographic, baby boomers might be justified in feeling a little bit like yesterday’s donuts – not all that appealing and a bit stale. But thanks to our sheer numbers (as in 76 million), sales hungry marketeers appear to be putting baby boomers back in their sights. And believe it or not, that’s probably good news for us (but more about that later). This Sunday’s New York Times talked about the phenomenon in its “In a Graying Population, Business Opportunity” article. The Wall Street Journal weighed in (more…)

Posted by John Brady on February 8th, 2011

Now That You’re 65 – 10 Things You Need to Know

Category: Baby Boomer Retirement Issues

Note: This is Part 1 in a series. See also “10 More Checklist Items for the Retiring Baby Boomer” from June, 2014.
January 9, 2011 — The oldest of the nation’s baby boomers, those born in 1946, start turning 65 this year. For people who grew up with the Mickey Mouse Club and the Lone Ranger, the thought of getting involved with the Social Security Administration might be hard to swallow, but it is about to happen to you. This article will be your primer for what you need to do, now that you are 65. Note: The government’s Social Security and Medicare websites are first rate and very helpful. We have used much of their information in the sections below, and provided links as well.

1. Register for Medicare to start your health care coverage
Medicare is a Health Insurance Program for people age 65 or older, some disabled (more…)

Posted by John Brady on January 9th, 2011

2011 Retirement Trends You Should Be Thinking About

Category: Baby Boomer Retirement Issues

Every year we dust off our crystal ball and try to think about what’s ahead for retirees in the year ahead. But before we do that, here are a few observations about 2010, the year that is just about to end:

– Housing prices stabilized in most markets in 2010, and even started to increase slightly in many cities and towns. The free fall in prices that came in 2008 and 2009 has mostly stopped. Although median home prices slipped in the first quarter according to the National Association of Realtors, they increased from (more…)

Posted by Admin on December 26th, 2010
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