Baby Boomers

Business Owners & Shareholder Agreeements

Business Owners & Shareholder Agreeements

Saul started an interior commercial painting business when he was 25 years old and a newlywed.  Saul’s wife Tammy helped out with the business while also holding a full-time job elsewhere.  As the business grew Tammy became its full-time administrator and Saul partnered with his younger brother Joel.  Saul and Joel considered themselves as equal owners and equal contributors to […]

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By |October 10th, 2013|Baby Boomers|0 Comments

When No-Placeness becomes No-Readiness

When No-Placeness becomes No-Readiness

Nothing new in this sentence…the baby boomers’ retirement will be much different from earlier generations.  However, a different perspective is on the temporariness of their lifestyles.  It seems that nothing is permanent any more.  David Houle[1]  has referred to this as “no-placeness”.    The baby boomers have led very mobile lives.  They have changed careers more often than their parents.  They […]

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Who’s going to look after me?

Who’s going to look after me?

Many childless baby boomers, partnered and singles, have asked my opinion about elder care for their later years.  The timing of the question usually coincides with their own involvement in caring for their aging parents.  This isn’t surprising since most of us find that as we become more involved with our parents, even in small ways such as mowing a lawn […]

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Enemy #1 – Social Isolation

Enemy #1 – Social Isolation

Death by suicide has surpassed death by motor vehicle accident according to a Washington Post article by Tara Bahrampour (June 4, 2013).  This startling statistic has the potential to get worse because suicide risk increases with age.  Reported in this story was the attempted suicide of a senior who was isolated from relationships and experiencing severe financial difficulty. Retirement and […]

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Aging & New Business Opportunities – Eldercare Mediation

Aging & New Business Opportunities - Eldercare Mediation

The aging of the Canadian and the global population will mean new business opportunities across a wide range of industries.  One that caught my eye recently is a counseling or support service for families who are unable to agree on their elder parent’s care.  Even the most caring families may find that a mediator can help.  Misunderstandings can arise about […]

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Avoid Cold Turkey Retirements

Avoid Cold Turkey Retirements

A recently released study from the U.K. found that those who worked to an older age had better health [1].  This was true for both men and women.  These results make a great headline!  But the implications are worrisome, especially for those already retired or nearing their retirement date. We’ve all heard stories about people who retired, ready to travel […]

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Relocating after age 50

Relocating after age 50

Ok – age 50 is somewhat arbitrary in this – but here’s the point…Geographic moves are risky, especially as we age.   According to Dr. Muriel Gillick in The Denial of Aging (2006); “When we constantly resettle in new locations…we never establish roots.  Cultivating relationships with family and friends not only mitigates against loneliness, but also has an effect on health.  […]

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Destuffing Our Lives

Destuffing Our Lives

Many of my friends are opening their vacation homes in preparation for the May long week and the unofficial arrival of summer.  There’s no doubt that it’s a lot of work to “unwinterize” the cottage or cabin.  But for many this seems to be a labour of love as they anticipate sharing time with family and friends.  In some cases […]

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Retirement Drift

Retirement Drift

Have you adjusted your thinking and “75 is the new retirement”?  A lot of people I’m hearing from these days think their retirement will be starting much later than they anticipated.  Sure, freedom 55 is passé but more and more it seems that freedom 65 is unachievable too.  We keep pushing out the socially acceptable retirement date.  I suppose this […]

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Why Home Improvements will be a Major Expenditure for the Baby Boomers

Why Home Improvements will be a Major Expenditure for the Baby Boomers

I believe that home improvements will continue to be a major expenditure item for the baby boomer generation.  The baby boomers will choose to stay in their homes.  Although on occasion articles are published that project a sell-off in housing as the baby boomers reach age 65, I don’t think this is likely to happen.  The articles never fully explain […]

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