Transition Thursday: Baby Boomers Redefine Retirement

Baby Boomer Couple Dancing

In his Forbes article “The Most Frightening Yet Most Important Retirement Rule That Baby Boomers Still Need To Break,” contributor Robert Laura explains how the Baby Boomer generation is re-defining retirement:

“Boomers are ushering in a late-stage era of life, where they have 10-20 more years of productive and capable working years when compared to previous generations. Furthermore, they have the resources, knowledge, and collective desire to cause dramatic shifts in the way retirement is both defined and lived.

It’s easy to see the undercurrent of this happening as research suggests that baby boomers are more likely to start a business than any other generation right now.  Furthermore, a growing segment of them are worn-out from years of the corporate grind and don’t feel the connection between their job and the people it impacts outside their office walls or company grounds.  They’re shifting their focus from accumulating a giant nest egg to a desire to be part of something bigger and better… to have a positive effect on others… and don’t necessarily want to retire from work, rather they just want to work in the right situation and retirement.

In the past, retirement was defined as freedom from the workplace.  Now boomers are redefining it as freedom in the workplace.”

Read the rest at Forbes.

====

DAYNA WILSON: As a Certified Senior Housing Professional (CSHP) , I have special knowledge about everything from reverse mortgages to the importance of universal design. I can tap into my network and put you in touch with my team of qualified home inspectors, movers, attorneys, CPAs, organizers and other experts. I have all the resources and knowledge to simplify the transaction and eliminate the anxiety of selling your home.

Call me today to talk about your real estate concerns. I’m here to listen: 925.788.6582

Transition Thursday: Baby Boomer Parents: Your Grown Children Don’t Want Your Stuff

Baby Boomer couple with moving box

In her article “Boomer parents: ‘One day, this will all be yours.’ Grown children: ‘Noooo!’ ” Samantha Bronkar, staff writer at the Christian Science Monitor, relays the message that the grown children of downsizing baby boomers parents don’t want their  collections of stuff.

“As baby boomers begin to downsize, they are discovering their grown children do not want their stuff. In fact, they recoil in something close to horror at the thought of trying to find room for collections of Hummels and Thomas Kinkade paintings.

Two hundred stuffed animals, two violins, and a 7-1/2 foot-tall Christmas tree: That was just a corner of the possessions Rosalie and Bill Kelleher accumulated over their 47-year marriage. And, they realized, it was about 199 stuffed animals more than their two grown children wanted.

Going from a four-bedroom house in New Bedford, Mass. – with an attic stuffed full of paper stacked four-feet tall – to a 1,300-square-foot apartment took six years of winnowing, sorting, shredding, and shlepping stuff to donation centers.

Among the possessions the Kellehers are keeping are three hutches – one that belonged to his mother, one that belonged to her mother, and one that they purchased together 35 years ago. One shelf is carefully lined with teacups Rosalie collected during her world travels. Another houses a delicate tea set from Japan, a gift her mother received on her wedding day.

‘We really don’t need them,’ she admits.”

Neither do their kids.

Read the rest at The Christian Science Monitor

====

DAYNA WILSON: As a Certified Senior Housing Professional (CSHP) , I have special knowledge about everything from reverse mortgages to the importance of universal design. I can tap into my network and put you in touch with my team of qualified home inspectors, movers, attorneys, CPAs, organizers and other experts. I have all the resources and knowledge to simplify the transaction and eliminate the anxiety of selling your home.

Call me today to talk about your real estate concerns. I’m here to listen: 925.788.6582