TGIF – Boomers On Their Way Out

As the week winds down, we wind down with some tidbits for your information, education, health, and enjoyment.

Quote of the Week: There is an enormous number of managers who have retired on the job. Peter F. Drucker

Humor Break: I intend to live forever, or die trying.   Groucho Marx (not a Boomer)

Stat of the Week: On 1/1/11, the oldest Baby Boomers turned 65. The Boomers are a downbeat lot… more than other age groups … about the trajectory of their own lives and about the direction of the nation as a whole. 80% say they are dissatisfied with the way things are going in the country today.  21% say their own standard of living is lower than their parents’ was at the age they are now.  34% of Boomers believe their own children will not enjoy as good a standard of living as they themselves have now.

Action Tip: Most folks don’t have a clue how much they need to save to live at a comfortable life style.  This is as good a time as any to give yourself a financial checkup.  If you are within 10 years of retirement, it is too late for traditional planning, so don’t wait. 

Volunteering: How about volunteering a few hours a week at your local senior center.  After all, if you don’t make good financial plans for your retirement now, you may be spending a lot of time in one someday in the future.
[tags]baby boomers, retirement, retirement planning, financial planning, bill bradley, william bradley, bradley[/tags]

Bill Bradley

Bill Bradley (mostly) retired after 35 years in organizational consulting, training and management development. During those years he worked internally with seven organizations and trained and consulted externally with more than 90 large and small businesses, government agencies, hospitals and schools.