grow older better

Tag: retirement

  • Boomers! Welcome to my world!

    On January 1, 2011 the first wave of baby boomers started turning 65 and are now eligible for Medicare…

    Some worry there won't be sufficient funds in either Medicare or Social Security to last for the rest of their lives.

    Many boomers will not yet retire as they can not yet afford to do so!

    Medicare may be a good plan but the cost of participation tends to increase both on the Government side and the private sector side.  Medicare Advantage programs are not free…even to some say they are … you get what you pay for…

    And Social Security?  We are into the second year of no increase in the monthly payout.

    To add to the worries, if you live in Oregon – you have another concern if you are in a senior care facility.. or wind up in one….because Oregon elder care has glaring lacks!

    Federal law requires states to have an ombudsman to protect the rights of people in long-term care. The average state has one ombudsman monitoring 2,220 beds. Oregon has just one for 6,692 beds.

    Oregon relies on volunteers..but if everyone needs to keep working to afford to live – who will be the volunteers taking care of and looking out for Oregon's elder population?

    Scary thoughts to start your 65th birthdays!

    Thoughts? Comments? Thank you for posting below….

  • Will you ever retire?

    From today’s news…

    After falling for more than 100 years, the retirement age chosen by working Americans is edging up again, and the trend could have broad consequences for households and the economy.

    In the mid-1980s, just 18 percent of people in their late 60s still worked, according to the Bureau of Labor Statistics. That figure is up to 29 percent, and experts believe that the number will rise as people confront the prospect of a lengthy and expensive old age with limited retirement benefits.

    More than 1 in 4 baby boomers — born from 1946 to 1964 — plan to never retire, a recent survey by the National Association of Realtors shows.

    Full article HERE

    This statistic has popped up before – and the whys of it are mixed – some people keep working because they love what they are doing. Some “retire” from their “job” and start their own business doing something they have always loved.

    But – and it’s a big but – many keep on working because they need the money, the health insurance and because they fear what the financial future might bring in terms of the loss of retirenemt benefits, lack of retirenemt funds, and the general overall picture of our futre sfilled with taxes to pay the debt our governemt is running up with it’s Iraq occupation…

    So when you are approaching what used to be considere retiebnwe age – what will you do?

    It’s a good question to ponder whether you are still working or if you are already sort of retired…or fully retired..

    I truly believe we can all have several careers in one lifetime….so why not one you love for now?
    [you can always change what you do if you so wish : – )]

    glyconutrients, healthy aging, growing older, aging, nutrition, exercise, eating properly,

  • Money and growing older

    For many, there is a financial need to continue working after hitting the 60’s. For others, there is a desire to keep working until we are no longer able to do so….. One nice thing about aging is that we hopefully learn to work smarter and not harder.

    We are living longer and maintaining our health as we age…and for some, we are getting healthier as we grow older better I am in much better physical shape than I was when in my 50’s. , Maybe even better than when in my 40’s.

    So – do we keep working or not? It’s an individual choice – and depends on how much “better” you want to grow older : ). Full retirement with sufficient funds so that there is absolutely no stress related to money is great. But with increasing costs of everything – it’s wise to not totally count on what you now have if you are retired.

    I complain about corporations here: http://illegitimisnilcarborundum.blogspot.com
    but I will say here that they scare me. All they want is the moolah and the hell with the people. Yes I know this is not true of all corporations but too many have hurt us – like the pharmaceuticals, the energy ones, the oil people, etc. Their goal is to increase their own net incomes and those of their shareholders- they do not care about who might get hurt. [The Medicare part D doughnut hole is a good example.]

    Over the next bunch of postings – I am going to look at working and aging.

    glyconutrients, healthy aging, growing older, aging, nutrition, exercise, eating properly,