Will Retired Boomers Go From Wasted Consumerism To Becoming More Productive?

Question- What is the hardest thing for most retirees to understand and put into action?

Answer- It’s what to do next?

On the Internet, EE Wint says, “When are we going to get over this belief that we all have to scrimp and save, do without during our entire working lives, living in self-induced poverty so we can retire and die with a few bucks in our pockets. Change the whole economic system so people can contribute and live a full life, not suffer so a few can live in sickening opulence.”

In my new book, Encore! Encore! Seniors(50 Plus) As Entrepreneurs: Their Time Has Come, Boomers say their generation has changed the world for the worse when it comes to world peace and poverty.  This condition will continue if Boomers focus on increased consumerism and entitlements as thy enter old age.  We must change this paradigm from wasted consumerism to seniors becoming more productive.  More productivity will lead to more joy and more independence.  It could also create more peace in the world by striking a better balance between the rich and the poor.

Question- How can we help seniors achieve productive longevity at the municipal level?

Edmonton’s Senior Declaration Act

The Act is 2-years old on June 3, 2012 and this declaration is based on the four ideals:

1. Individuals are respected regardless of age.

2. People of all ages are safe in their homes and neighbourhoods.

3. The City’s transportation system, urban design and physical infrastructure allow all people to participate in full lives.

4. Older people have ready access to programs, employment, business, activities and services that help them stay engaged, respected and appreciated.

Linda Sloan, Edmonton City councillor and serves as a council lead for seniors initiatives across the city.  She also said that age is a gift to our city and we want to ensure our seniors’ skills, wisdom and contributions are honoured.  Furthermore, Linda said that one way is honouring the creative and artistic talents of our seniors through the annual Creative Age Festival.  This encourages seniors to get more involved in arts programs like drama, music, visual arts, literary arts, and dance.

Personally, as a senior myself I enrolled in the Writers Guild of Alberta which is part of the literary arts description above. To date I have written and self-published my new book titled, Encore! Encore! Seniors(50 Plus) As Entrepreneurs: Thir Time Has Come.  Although I am participating in the literary arts subject area myself, I would like to suggest here that we must expand the Lifelong Learning programs for seniors to include other subjects such as business and/or social entrepreneurship, biological and natural sciences, internet and social media, and possibly adding civic or community leadership for the benefit of seniors that don’t necessarily take a serious interest in Arts Programs.

Recently, I attended an Open House at the University of Alberta, Faculty of Extension located in the Bay/Enterprise Center Building where a new program, Citation in Entrepreneurship was announced to begin in the Fall, 2012. This should be a great resource addition for those people that are thinking about becoming an Entrepreneur or small business owner.

Some relevant advice on the topic of productive longevity was given by (KFC) Colonel H. Sanders in his book titled, Life as I have known it has been “finger lickin’ good.” Recently I was asked to testify before a U.S. House of Representatives special subcommittee which was studying the problems of aging citizens.  I told them that in the Garden of Eden God didn’t tell Adam that he should work just to retirement age.  He said in Genesis 3:19 a man should work “till thou return unto the ground”- that is, until he died.

I don’t believe that if we can afford it we should rely on loafin’. Life don’t have to be easy to be wonderful. So I think you should plan your retirement, not as though you are bein’ deprived of somethin’, but with a spirit of havin’ somethin’ added to your life.  You see, you are not startin’ out from nothin’, but from the point at which you have assimilated the lessons of a lifetime.  Those years are sort of the crown you wear as you begin the next phase of your life.

I think I’ve proved that it can be done, said the Colonel.

 

Question- So, what might happen if a productive retirement strategy is not undertaken by most seniors?

If seniors are going to be lost about what to do next, many will be found watching television all day long, reading every book they can lay their hands on, increase the sleep to half the day, or sometimes just sit.  There is nothing wrong with any of these activities so long as it is done in moderation.  Taken to extreme, these can cause depression. You need to be productive and find something you enjoy.

It’s never too late for a new career.

I’m amazed at how many workers aged 50 Plus think they must compete with younger people to secure a traditional job. At a local McDonald’s restaurant, I met a 75-year-old woman who was working part-time to save $7,500. to pay for her own funeral exenses.  She also advised me to be careful about eating too many fast foods.  I was waiting for my scheduled business seminar to start so I ordered just a coffee while remembering what she told me.  It’s just another example of a senior’s wisdom when it matters the most.

D. Weisger, on the Internet says that, “Todays conditions are the new normal, so get used to it and develop a plan that allows you to work until you are 75.  That is not doom and gloom speak, that is reality.  Everything has changed.  That said one thing has not changed, investing in yourself will provide returns no matter what happens globally.  Investing in personal training,education and practical skill sets will never steer you wrong no matter what your age.”

To add, many people 50 Plus have the maturity, wisdom, confidence, resources, and networks to start their own small businesses and become more active, creative, productive and prosperous.  They should be encouraged to do so with the help of mentors, coaches, angel investors and possibly some new business partners depending on the senior’s individual needs.

WARNING: Men, A LEISURE ONLY RETIREMENT LIFESTYLE MIGHT BE HAZARDOUS TO YOUR HEALTH.

Women ready to go-go and men refusing to leave home are an age-old retirement portrait, says psychologist Jed Diamond, who writes about male menopause. “I see a lot of men at mid-life and older who are basically depressed.  They need understanding and help.”

Will men finally get it? Marriage counselor Kathy Nickerson says that the concept that men are the caretakers of life has been fading since women thronged to the workplace.  But Boomer women are now in a tough spot- caught between lingering memories of the way it was and newer, liberated couplings demanded by the 21st Century.

In my own personal experience last summer I attended a Walk-About: Ukrainian Cultural Heritage presented by the Minerva Senior Studies Institute in Edmonton, Alberta, Canada.  The mission of Minerva Senior Studies is to provide Learning opportunities for Adults 50 Plus by developing, sponsoring, promoting, offering and participating in educational activities designed to enhance Seniors’ intellectual pursuits that enrich their lives.

On the day scheduled for this visit we all met in the morning at the MacEwan City Center Campus to get on a chartered bus for this Educational Event. I thought to myself that this was a perfect time to test the theory that most women were go-go and that men in general were no show.  I was truly surprised and shocked by the result.  There were approx. 40 people taking in this event.  Are you ready for the surprise? Out of the Total number (approx. 40 attendees) I was the ONLY male on this trip including the Host (Female).

So, what is happening here?  What happens to men who retire and cannot be budged out of the recliner or their own garage or even their garden? i.e. natural tendency to isolate themselves in their own activity.

On the other hand, women having seen the kids off on their own, cared for elderly relatives, retired from a job, see at long last their chance to experience a bit of life that has not been possible to date.  Travel beckons! Time to learn a new skill or take up yoga, dinner out and why not, become a business or social entrepreneur or small business owner through Lifelong Learning in your retirement life.  Women are tired of the domestic scene, but many of them can’t get the husband interested in anything that could develop a mutual interest and possibly save their marriage.  Men and women want to retire in style.  This is why psychologists say the divorce rate is declining for all age groups except the 60 Plus crowd.

Entrepreneurial Preparation

In preparation for becoming a senior entrepreneur and for successful aging it is very important to consider and study active brain activities.  In Chapter 3- Dare To Dream of my new writing project titled, Encore! Encore! Seniors (50 Plus) As Entrepreneurs: Their Time Has Come,  I mention Richard Restak, a neurologist who said that, Aging can be thought of as the result throughout the body of a general wear-and-tear process.

In all body organs except the brain, increased activity leads to more wear and tear and accelerated degeneration.  In the brain the principle of operation is unique. Activation of nerve cells doesn’t lead to a general degeneration of function but, instead, to the maintenance of neurons during normal aging.

This is really quite an extraordinary situation if you think about it. The brain in contrast to every other organ in the body, has the potential to improve with use and to keep that edge into the NINTH decade and beyond.

Seniors(50 Plus) Are In A Financial Dilemma

Will they finally achieve social and political power?  Will they take on the persona of past generations defined as being unimportant, invisible, politically weak, socially discountable, and economically insignificant?

I wrote a new book titled, Encore! Encore! Seniors(50 Plus) As Entrepreneurs: Their Time Has Come.  The purpose of this book is to sound the alarm and find a business model that could help seniors regain control of hard-earned financial resources and live the dream of an active, creative, and prosperous retirement life.

Seniors are best known for their maturity, wisdom, resources, skills and the varied working and business life experiences.  I want to illustrate some of the challenges that seniors have in quotations from two different authors who are well versed on the Seniors demographic.

“The rules of money changed in 1971.  Today, we see the tragic results of that change.  The tragedy shows up in the lives of people who are not only out of work, but in many instances too old to go back to work.  The tragedy is the erosion of their savings as inflation marches on.”   by Robert Kiyosaki, ConspiracyOfThe Rich.com

“Recently I was asked to testify before a US House of Representatives special subcommittee which was studying the problems of aging citizens.  I told them that in the Garden of Eden, God didn’t tell Adam that he should work just to retirement age.  He  said in Genesis 3:19 a man should work  ’till thou return unto the ground’ – that is, until he died.”  by Colonel Harland Sanders

In other posts I will be talking about HOW seniors can become more active, creative, productive and useful in their retirement life.