Boomers have started to board the New Seniors train
Welcome to 2011. This is the year the baby boomers (born between 1946 and 1964) start turning 65 at the rate of one every ten seconds and will continue to do so until 2030. Fortunately, those making the transition to New Senior status won’t have to do it alone.
Image by caribb via Flickr
Pre-boomers (born between 1930 and 1945) have already made part of the journey and stand ready to help the boomers move on to the next third of life. Before anyone really understands what turning 65 is about they must experience what it’s like. It’s akin to reading about how to play tennis rather than learning by actually playing the game.
Aside from pensions and retirement savings accounts, few people think much about turning 65. How big a deal can it be, especially if you plan to continue working? The fact that you are considering whether or not you want to work or can afford to retire is an indication that things are changing. The first of many changes to come.
If you continue to be part of the workforce, full or part-time, change may not be as apparent. But, if you look around, the signs are there. Continuing at the regular job won’t quite be the same, even if you’re a top executive. People know you’re a short-termer, a lame duck without the clout you once thought you had. Part-time workers know their job is to implement orders rather than give them. Keep your eyes open; you’ll see the changes no matter how subtle they may be.
As the work situation changes, a void is created. And this void begs to be filled; otherwise, you will not be comfortable. You may not know what’s bothering you, but you’ll get the distinct feeling that something is missing. One of the best ways to fill the hole is to pursue a passion. If you don’t have one, search for one. You’ll find it. For most of us, it’s more than playing golf, reading or traveling. And it’s certainly much more than sitting around watching television. Once you’ve discovered or expand on your passion, share it with others. Your family, your friends and your community.
Health issues become increasingly important. The state of your personal health does not suddenly change, but your interest in health care and insurance coverage is brought into focus. Medicare kicks in, so there are a number of new issues with which to deal. Don’t worry; it won’t be long before you become familiar with the system.
Of course, Social Security payments will be starting soon for those who did not take it earlier. Individuals must determine their particular financial situations and decide when to start receiving the benefits. Many New Seniors like to start getting monthly payments soon after they leave the job market.
The above topics are just some of what the boomers turning 65 will face in the early months as New Seniors. There will be plenty more to experience in the months and years ahead. But for now, those who are already New Seniors welcome you on board and promise we’re here to help you enjoy life’s next great adventure.
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