Life After Retirement for the Baby Boomers
Retirement for the baby boomers, those born between 1946 and 1964, is near. For those in this age bracket, not travelling more is among their regrets in life. Most of them could not travel due to work responsibilities and others had more important expenses such as buying houses and cars. 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. For satisfaction, some also wish they worked more. Since baby boomers are passionate about their jobs and they enjoy serving people, most are likely to get back to the workforce as consultants. Work also keeps them physically fit, mentally sharp and they find a sense of purpose.
For some consolation, it is worth noting, a life without regrets is a life not lived. After retirement, baby boomers will begin another life, they enter another phase and since they have been cautious about their health, baby boomers are expected to live longer than previous generations. It is a great opportunity to do all the things they regret not doing, since they do not have to worry about buying houses and cars, and they do not work anymore, they can travel more.
Baby boomers do not have to worry about their savings, they do not have to worry over depleting their retirement money. Worry only depletes the chances of having a happy life. Since they have spent most of their lives taking care of bills, educating their children and investing, it is time to spend money on fun. It is time for baby boomers to treat themselves, do not be afraid to use your retirement money on activities that make you happy. If you are estranged from your family, retirement can be lonely. Hence, it is a time to re-evaluate your relationship with family and friends; their company provides enjoyment in retirement. Relocating could also do you some good since you can engage new activities, make new friends and visit new places.
For you to be happy in retirement, you have to be healthy. As compared to those who are in poor or fair health, retirees who are in good, very good and excellent health find more satisfaction in their retirement. A good health status is more likely to bring more satisfaction than leisure spending or good relationships. Healthy eating, sleeping well and laying often, can guarantee a smooth retirement. In retirement, baby boomers should also discover their passions, those they had when they were younger but stopped doing them due to work and other responsibilities. If you are passionate about music, art, music instruments or dancing, this is the time to take classes. Some words of wisdom for the baby boomers, ‘do not regret growing older, it is a privilege denied to many.’