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CAN BABY BOOMERS RETIRE ?

April 7, 2009 by Simon Haggard

People used to look forward to age 65 as that “golden age” of retirement……they had dreams of travelling, spending more time at home with the people they love, taking up hobbies, etc. But not now….as baby boomers are hitting the 60 mark, most are looking at delaying their retirement – why? – because they can’t afford to retire!

How sad is that? Working all your adult life well into your 60’s and still not having “enough” to retire. Today people have to work harder and longer than previous generations.

All this in the land of abundance! What happened? Divorces, longer life expectancies, and poor financial planning, and getting behind the eightball due to downsizing and having to start careers over, which lead to greater financial hardships.

There are some individuals though, that simply like to keep busy, like a new challenge and are not ready to roll over and do nothing at that age. I know a gentleman in my town that is in his 70’s and still buying hotels and renovating them into masterpieces! He is a true entrepreneur and loves to create new things. That is what keeps you young, is having a passion and doing what you love…..because then it doesn’t feel like work!

You can be a baby boomer “victim” of circumstances….divorce, poor financial planning, downsizing, the economy, etc., or you can let those points in your life motivate you to make better decisions in every area of your life so that you can start taking control and truly start living the life you choose.

And make no mistake, life is full of choices. The secret is to choose well and prosper in every area of your life.

Make It A Great Year,

Simon Haggard
visit…. https://lifestylebiz.com.au

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