Contents

About the Authors

Preface

Introduction

Old Myths, New Realities

The Boomer Generation

About This Book

Challenging Myths

Myth: It’s Too Late to Make Big Changes

Myth: Retirement Is a Cliff We Must Jump Off at a Certain Age

Myth: Boomers Can Afford to Retire

Myth: Capabilities That Decline with Age Impede Work Performance

Myth: Boomers Continue to Work Primarily for the Money

Myth: Boomers Have Difficulty Learning and Changing

Myth: Jobs Are Not Available for Boomers

Myth: Boomers Must Compete with Younger Generations in the Workplace

Chapter 1: Boomers, Do Your Thing Again!

Myth: It’s Too Late to Make Big Changes

Ask Yourself the Right Questions

Reflect on Lessons Learned from Experience

Think Positively

Know Yourself

Don’t Go It Alone

Bring Your Thoughts Together

Chart Your Own Future

Life’s Twists and Turns

Determine How Much Change You Want

Stay the Course

Renew Your Work Passion

Create a To-Do List

Go for One Big Thing

Transform Yourself

Factors to Consider in Making Choices

Financial

Health

Others’ Preferences

Caregiving Responsibilities

Access to Desired Opportunities

Your Independence and Flexibility

Chapter 2: Consider Flexible Work and Retirement

Myth: Retirement Is a Cliff We Must Jump Off at a Certain Age

Is Retirement Attractive to You?

Why Continue Working?

Working Part-Time

Trying Something New

Phasing In Retirement

Pursuing Flexible Work Arrangements

What’s a Boomer to Do?

When Will You Retire?

Will You Make a Change in the Way You Work?

Will You Switch to Another Employer?

Will You Become a Free Agent?

Will You Transform Your Life?

Chapter 3: Live Well and Pay the Bills

Myth: Boomers Can Afford to Retire

Determining Your Living Expenses

Lifestyle Spending

Health Care

Long-Term Care

Determining Income Sources

Social Security

Pension Benefits

Savings and 401(k) Programs

Equity in Your Home

Inheriting Wealth

Investment Growth

Annuities

Total Retirement Assets

Forming a Financial Plan

Chapter 4: Stay Healthy and Active

Myth: Capabilities That Decline with Age Impede Work Performance

Life Expectancy?

Declining Capabilities?

Hearing

Vision

Reaction Time

Memory

Capacity to Learn and Solve Problems

Dealing with Age Stereotypes and Bias

Accentuate Your Strengths

Find Out Your Functional Age

Look Your Best

Show Boomer Pride

Making Healthy Lifestyle Choices

Exercise Regularly

Watch What You Eat

Avoid Smoking

Prevent Disease

Embrace New Technology

Be Future Oriented

Maintain Connections

Manage Stress

Creating a Personal Plan

Chapter 5: Choose Meaningful Activities

Myth: Boomers Continue to Work Primarily for the Money

Considering Meaningful Activities

Professional Work

Leisure Activities

Social Interaction

Community or Charitable Activities

Personal Learning and Growth

The Best of All Worlds: A Portfolio Life

Choosing Meaningful Activities

Chapter 6: Pursue Personal Growth and Learning

Myth: Boomers Have Difficulty Learning and Changing

Targeting Your Learning

Professional Development

Life-Long Learning

Social Contribution

Transitioning to Retirement

Learning Options

Self-Directed Learning

Your PC and the Internet

Formal Programs

Sabbaticals

Social Action Projects

Elderhostel

One-Day University

Live and Learn Arrangements

University-Linked Retirement Communities

Your Preferred Learning Style

Listening

Visual Learning

Learning by Doing

Taking Charge of Your Growth and Learning

Adopt a Learning Mindset

Clarify Your Purpose

Chart Your Path for Learning and Growth

Shape Your Learning Environment

Apply What You Learn

Chapter 7: Take Advantage of Opportunities

Myth: Jobs Are Not Available for Boomers

Likely Work Opportunities

The Enormity of the Boomer Generation

Boomers Will Stay in the Workforce

A Permanent Change in the Workforce Age Mix

Managerial, Professional, and Technical Talent

Minimizing Knowledge Loss

Effects of an Open-Labor Market

Filling Some Needs Through Immigration

Taking Economic Growth into Account

Eliminating Obstacles for Boomers at Work

Challenging Age Bias

Maximizing Your Opportunities

Chapter 8: Engage Younger Generations

Myth: Boomers Must Compete with Younger Generations in the Workplace

Multiple Generations at Work

Leveraging Generational Differences

Generations Are Defined by Shared Experiences

Early Influences Define Generations

The Boomer Generation

Understanding Generation X

Understanding Generation Y

Relating Across Generations

Appreciate Common Qualities

Encourage and Support Continual Learning

Provide Open Communications to Set a Climate for Collaboration

Build Personal Relationships, One-on-One

Adapt Your Own Behaviors to Build Mutual Understanding and Collaboration

Manage an Age-Diverse Workforce

References

Introduction

Chapter 1

Chapter 2

Chapter 3

Chapter 4

Chapter 5

Chapter 6

Chapter 7

Chapter 8

Index

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