Understanding the Life of Baby Boomers
Retirement for the baby boomers, those born between 1946 and 1964, is near. Those in this age bracket have several regrets in life and not travelling more is one of them. To most of them, travelling was a challenge due to work responsibilities and to others, buying cars and houses was more important. Since they did not know how much they would need after retirement, some did not also save properly and many some did not also save properly. Some also wish they worked more, and not for the money but for satisfaction. Most are likely to get back to the workforce as consultants, since baby boomers are passionate about their jobs and they enjoy serving people. Work also keeps them physically fit, mentally sharp and they find a sense of purpose.
Hopefully, this can offer some consolation, a life without regrets is a life not lived. Baby boomers will begin another life after retirement; they will enter another phase and since they have been cautious about their health, baby boomers are expected to live longer than previous generations. They can travel more since they do not have to worry about buying houses and cars, and they do not work anymore; it is a great opportunity to do all the things they regret not doing.
Baby boomers do not have to worry over depleting their retirement money; they do not have to worry about their savings. Worrying only reduces the chances of being happy. Fun should now be in the budget since they have spent most of their lives taking care of bills, educating their children and investing. Do not be afraid to use your retirement money on activities that make you happy, it is time for baby boomers to treat themselves. Retirement can be lonely, especially if you are estranged from your family. Hence, it is a time to re-evaluate your relationship with family and friends; their company provides enjoyment in retirement. Since you can engage new activities, make new friends and visit new places, relocating could also do you some good.
For you to be happy in retirement, you have to be healthy. Retirees who are in good, very good and excellent health find more satisfaction in their retirement than those who are in poor or fair health. As compared to leisure spending or good relationships, a good health status is more likely to bring more contentment. For a smooth retirement, eat healthy, sleep well, play often and exercise. In retirement, baby boomers should also discover their passions hey had when they were younger but were buried by work and other responsibilities. If it is music, painting, playing instruments or even dancing, this is the time to take those classes. A quote for the baby boomers, ‘do not regret growing older, it is a privilege denied to many.’
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