Time to Retire? … or Just Rethink
January 28, 2009 by Syndication
Filed under Lifestyle
Baby Boomers are often referred to as “the lump in the snake” when describing their effect on the economy. And right now, that lump is nearing retirement, taking with it an enormous amount of experience, wisdom and time-tested street smarts. “Companies could lose everyone who remembers how they handled the last economic downturn,” said Alison Sander, in a recent New York Times feature on retirement.
On the other side of the issue, boomers approaching retirement age may not be prepared, mentally or physically, to simply walk off the job and into retirement. Between the declining value of the dollar and unstable economy, the expense of individual health insurance and lengthening life spans, many potential retirees find themselves at retirement age unready, unwilling or unable to quit.
If you’re facing this dilemma, what are your options? What things do you need to consider?
Sphere: Related ContentTraveling Seniors Get Great Discounts
January 26, 2009 by Syndication
Filed under Lifestyle, Travel
Seniors and baby-boomers are unique compared to their predecessors of less than ten years ago. They are more affluent and in many cases as healthy and strong as they were in their 30’s. They are able and more willing to do things they could not do in their young adult lives or while raising a family. One of those things is traveling. They travel to many places that are a far reach from their reality. They travel to places that are the source of their being. The destinations are limitless. Some seniors and baby-boomers prefer the convenience of travel agencies.
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Hey Boomers – Here Is Some Travel Advice Just For You
January 25, 2009 by Syndication
Filed under Lifestyle, Travel
If you were born between the end of World War II and the beginning of the Vietnam War, you are a Baby Boomer. Some Boomers have taken early retirement already, and others are on the verge of this new chapter in their lives. ‘Travel’ is at the top of the list for many.
Planning Your Trip
Your travel itinerary should be part of a careful process. Plan a holiday with plenty of ‘you’ time. You should finish every vacation feeling relaxed and rejuvenated.
Baby Boomers are generally quite fit when compared to our ancestors. However, increasing numbers of obese or overweight adults are plagued with bad backs, high cholesterol levels, and fragile knee joints.
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Ten Great Web Sites for Boomers and Seniors
January 25, 2009 by Syndication
Filed under Life Online, Lifestyle
I’ve researched thousands of web sites on my quest to find reliable and age-relevant resources for Boomers and seniors. I know how difficult it can be to find information on the net that’s accurate, trustworthy, user-friendly, and relevant to our 50something lifestyle. I’m committed to helping Baby Boomers and seniors discover the best content on the net, and I would never endorse a site that I wouldn’t use myself.
- FamilyDoctor.org - In addition to providing clear and concise senior health information, this site features a user-friendly format that’s easy to read.
- FootSmart.com - From the company that provides “smarter, better products for lower body health,” this user-friendly site allows Boomers to shop by brand, style, or by health condition.
How Has Increased Life Expectancy Changed Aging?
January 25, 2009 by G. A. Harrison
Filed under Featured Lifestyle, Lifestyle, Video
Author Lilian Rubin discusses the impact of our increased life expectancy on aging; not only the impact us, but how it has impacted our children and society in general.
Caregiving Tips for Boomers: 5 Tips for Decreasing the Cost of Caring for Elderly Parents
January 15, 2009 by Syndication
Filed under Featured Health, Health
Over 30 million Baby Boomers provide countless hours of assistance to elderly parents at no charge. It is estimated that, using average hourly wages, the total amount of this uncompensated care is comparable to the entire Medicare budget. For the estimated 7 million Boomers who provide long distance care, actual out of pocket expenses amount to almost $5,000 per month. For caregivers who have, or are considering leaving the workforce to care for an ailing parent, the costs are even greater – over $650,000 in forfeited salaries, benefits and pensions.
This stark economic reality shows only one dimension of the price caregivers pay for this act of love.
Caregivers pay with losses that extend well beyond their bank accounts. They often forego the activities that bring joy and richness to their lives, like meeting friends for dinner, or going out to the movies or taking family vacations. They pay with their time, the loss of professional opportunities and the erosion of personal relationships that result in isolation.
Sometimes, otherwise healthy loved ones need a short dose of care as they recover from an acute medical episode like a broken leg. Usually loved ones are on a path of steady decline with cascading assistance needs. Some caregivers sacrifice large chunks of their own lives as they help their parents and other family members and friends peacefully make their transitions. Caregivers can pay with their own health and well-being. In fact, we have evidence that some caregivers pay for their acts of care with their very lives.
You can decrease the personal and economic costs of caregiving. This means proactive planning rather than reactive responding. Planning saves money. You know this as you reflect upon your experiences of going to the grocery store with and without a shopping list. Planning also minimizes personal wear and tear and decreases stress. You will feel much better when you know your options and develop back-up plans before you jump into a challenging project.
5 Tips to Decrease the Cost of Caregiving:
1. Begin the conversation today. We have tremendous cultural resistance to the recognition of aging, disability and death. Just as the first few steps uphill are the hardest, so, too, you may meet the greatest resistance simply starting the conversation about their possible need for care. Say today, “Mom and Dad, it would be great if you lived forever, but the discovery for the fountain of youth is nowhere on the horizon. What thoughts and plans do you have about enjoying your golden years?”
2. Create a plan. Talk with your parents about their ideal plan if they are no longer able to care for themselves. Then, start to work toward that proactively. Investigate long-term care insurance. Draw up the appropriate legal documents. Find out who would make medical choices if they were not able to make them on their own, along with some guiding principles for the choices. You can anticipate and limit parental resistance by saying, “Mom and Dad, I just got back from the lawyer’s office signing my will and durable medical power of attorney. I’ve asked Mitch to make my medical choices if I cannot make them myself. Just so you know, if I were in vegetative state, I wouldn’t want to be maintained on a machine. You probably already planned ahead too, right?”
3. Use personal and community resources. Make caregiving a family job to which each member contributes. Even children can make grandma’s life special with drawings and phone calls. Identify services that make your job as a caregiver easier. If you and your parents live in the same community, check with friends and neighbors and local organizations to learn about services and resources that will make your job easier. You say, “Mom has just moved in with us, and she wants to ‘find a card game with the girls.’ Do you know of any senior centers that have social events? How about transportation?”
We’re a mobile society and millions of caregivers live more than an hour away from their parents. Executive William Gillis learned from his own personal experience how challenging it is to identify community resources from afar. As he was carving the path that ultimately led his on-line portfolio management service, he became the caregiver for his father. Talk about mixed emotions! Professionally, he was introducing a service that let millions manage their investments with one click of a computer mouse. Personally, he was investing untold hours just to find one bit of information to help his dad.”
As with so many innovators, he used his personal and professional experience to launch Parent Care (www.parents-care.com), a service that he wished would have made his life as a caregiver-at-a-distance easier.
4. Gather cost-savings tips. This might mean something as simple as ordering generic medication or regularly inquiring about senior discounts. But, most cost savings opportunities aren’t as obvious. Mr. Gillis found, for example, that some states will pay for phones for hearing, visually or mobility limited seniors or fund home safety improvements. He said, “We’ve invested heavily to locate time and money saving resources that most would have difficulty finding. I made it a personal mission to help other caregivers avoid some of the costs and frustration I encountered.” You don’t have to re-invent the wheel. Tap into the resources others have collected.
5. Take care of yourself. You will be able to provide the best care as a caregiver when you’re at your best. Get good nutrition, enough sleep and regular exercise. Manage your stress and do a little something every day to nurture your soul. Understand that you are at increased risk for anxiety, depression, and weakening your immune system. Talk to your doctor if you see worrisome signs such as problems sleeping, changes in appetite or loss of interest in activities you enjoy.
Despite the costs, most caregivers say that they received much more than they gave. Most say they would do it again, and many do.
Sometimes the question is not the personal cost of caregiving; it’s the value that you bring to the lives of others that matter at the end. What personal cost are you willing to pay for the privilege of helping those who welcomed you into the world to enjoy their golden years and travel the road of illness with love and dignity?
About the Author:
Dr. Vicki Rackner is a board-certified surgeon and Clinical Instructor at the University of Washington School of Medicine who left the operating room to help caregivers and patients take the most direct path from illness to optimal health. Want more tips about caregiving? Get your free report “Caring for the Caregiver” by emailing Dr. Vicki Rackner today at DrVicki@DrVicki.org and be sure to check out her regular column with the Johnson & Johnson Consumer Products Group’s new caregiver web site http://www.strengthforcaring.com
