ShAARP Session: Observations from AARP

Results tagged “boomers” from ShAARP Session

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As more and more boomers near retirement age, they are forced to deal with the gap between what they've saved and the cost of living. Many people have no choice but to put off retirement and go back to work. One common reaction has been to start up a business in the hopes of bridging this gap with some extra income. This is actually becoming an increasingly common option as many boomers struggle to make up for losses in the stock market. Start ups offer the chance to inject some creativity into your job and also allow a great deal of freedom. Of course there are risks involved in starting your own company so be sure to do your homework before diving in.

There's a recent CNN opinion piece by Marian Salzman suggesting that a "newer" older generation is now taking the ranks:

As baby boomers lose their authority and appeal, generational power is shifting one notch down: to cuspers (born roughly 1954-1965), who arrived in style in 2008 with their first truly major figure, Barack Obama (born 1961).

George W. Bush, born in 1946 at the start of the postwar baby boom for which his generation is named, will leave office with the lowest approval ratings since Richard Nixon was president. As Thomas Friedman has written, Bush epitomizes what's now seen as "The Greediest Generation."

Who's to blame for the economy going into serious decline?

That's right, the author also suggests that baby boomers are the easy group to blame for the economic crisis, labeling them as "the generation that pursued pleasure, proclaimed 'I can have it all' and refused to grow old -- '50 is the new 30,' etc." How dare those boomers not play into the "old fogie" stereotype and - gasp - pursue pleasure!! Those shameless, greedy boomers, trying to have fun!

This is not to say that cuspers isn't a group to acknowledge and be interested in, I was actually excited to learn more about this generation. But I don't think that demonizing the boomer generation by equating them with an unpopular President and blaming them on the economic crisis is necessary to counterpoint.

This isn't a competition, it's a group of people - tens of millions of people - and simplifying them as "George Bush's generation" is patronizing and just plain silly.

With millions of boomers looking toward retirement, the question of where all of these people want to spend their golden years begins to grow in importance. While research shows that many boomers would like to age in place in their current homes, that is not always possible. This is creating enormous growth in the demand for homes with universal design features that allow for easy access and living. Some builders have seen this trend and are working to create both homes and communities that are designed to promote healthy and safe aging. AARP and the National Association of Home Builders recently teamed up to recognize the builders, developers and remodelers that best incorporated universal design features in their work with the Livable Communities Awards.