Boomers: How Is Your Ship Surviving Our Current Sea of Economic Stress? Are You Looking for a New Job, Moving In With Family, Planning an Expat Lifestyle? Or Sailing Ahead?

Has Economic Stress Beached Your Plans?

“Ahoy There,” “Hola,” “Aloha” and “Permission to Come Aboard,” Fellow Baby Boomers!

All apologies for the fact that this blog has been “beached” for a couple of months now. The good news is, we’re about to set sail again!

Hopefully You Didn’t Think We’d Gone “Off the Radar.” Or Fallen Off the Face of the Earth…

Actually, the state of the “Boomer Lifestyle” blog ship is sound and all aboard are well! Fact is, we have been off exploring, seeking ways to better serve you.

The good news is that despite months of news stories telling you of the world’s challenges related to huge global economic stress,  there’s been lots of great stuff floating through the blogosphere, as well as the world at large, and we’ve been busy checking it out on your behalf…

Here’s how you can help assure that we’re providing you with EXACTLY what you need to continue to succeed in these turbulent economic times:

Take the Boomer Lifestyle Poll: It’s Both Quick and Painless

Historically, Boomers have had it good financially for quite awhile now. So we’d love to know how you feel you’ve been handling our country’s current levels of economic stress.  We thought we’d ask you — which is why we’ve developed our poll.

It’s just one quick question with multiple choice answers, so it will take you mere seconds to answer. The simple question is:

“As a Baby Boomer nearing retirement age, how has our recent global economic downturn affected your future life and plans?”

The potential responses ranging from the most positive  to the most stressed.

Specifically, you can vote for any one of the options noted below.

(NOTE: The parenthetical comments aren’t part of the official poll responses, they’re just here to focus and augment your thinking as to whether that point is your preferred response) :

  • No change, life is great, thank you very much. (Everything is on target for retirement as planned, and we’re looking forward to years of smooth sailing and great adventures.)
  • I can’t afford to retire, will have to keep working for the foreseeable future. (And you’re saying, “Damn, working until I die sure wasn’t what I had planned as the capstone of my career.”)
  • I’m currently looking for a second job. (If you’re selecting this answer perhaps you’ve heard that there’s a growing market for Baby Boomers as temporary hires, due to the experience Boomers can bring to the table…)
  • I am giving serious thought to retiring abroad. (If you’re thinking of living the expat lifestyle, you’re probably aware that the cost of living is often less, and those who’re doing it tell you that in certain countries it’s possible for you to live well on just your social security check. But you need to know WHERE those places are…)
  • I’m starting a new online business, to recoup our lost funds. (Perhaps your plan is develop your own economic stimulus package by writing a book based on your life knowledge, and market it online. If so, you’ll want to read the great post we have coming up on that topic!)
  • I’m starting a new offline business to recoup our lost funds. (Self-employment is a solid option, but you’ll want to invest in a business coach or other support system. After all, there’s no time left for mistakes…)
  • I’m moving in with my kids to help save money all around. (You’re thinking that this is what your parents and grandparents  did during the Great Depression, and it worked for them.)
  • I’m paralyzed with fear, don’t know where to turn. (You may not realize that you’re having trouble handling the stress. But if you’re eating poorly, napping excessively, drinking or smoking more than usual, or having trouble sleeping, these are warning signs you need to address. In order to get your ship afloat again, you might want to get some help with learning relaxation techniques, adopting a healthy mindset and developing stress management skills.)

Don’t Wait! You Only Have Until June 12th 2009 to Cast Your Vote.

All you need to do is click on the link below, to quickly send your answer to this single question survey.

This is not a test, it’s  a survey. Which means there is no one right answer. It’s simply an attempt to (albeit unscientifically) take the pulse of Boomer Lifestyle readers, to find out how you’re handling the financial challenges the current economy brings us.

The options you’ll find for your response are based on solutions we’re hearing about by watching the media, and reading your stories online. We know that each of the responses represents a percentage of you – we just don’t know — YET — how many of you have opted for each of these solutions. But after June 12th, we’ll tally up the responses and write a blog post analyzing your responses.

Should be quite interesting…

Of Course, We’d Love to Hear From You, Personally.

It’d Be Fantastic If You’d Share Your Story With Our Readers

If you’re game, feel free to post a comment here on the blog, telling your story… We’d especially love to hear any personal stories you’d like to share.

But Don’t Forget to Vote! Now!!

Here’s where to click to participate in the poll’s single question:

Please click to vote

What’s Next?

Once your vote and the others we receive are tallied, we’ll  post our findings.

Early poll returns show 60% of you selecting the “paralyzed with fear” option, which is distressing. But perhaps not surprising. It’s early yet in this recession, and people are still finding their way out of it…

We Have Posts in the Works on Solutions to Assure You Continue to Enjoy a Vibrant Boomer Lifestyle.

They include topics like:

  • How to write a book based on your life experience and knowledge  – and better yet – how to market it successfully
  • What to look for in selecting a foreign country as your future residence – full or part time
  • How to market yourself so that you can find a job without being penalized for your age
  • How why and when to start and operate a (profitable) online business
  • How to make money from a hobby business
  • And loads more of the lifestyle posts you love, on topics like healthy living despite health challenges, vacationing with your grandchildren, helping a parent coping with Alzheimers, dating, recipes and Boomer fun. Even a fun and entertaining post on creative trends in Boomer funeral planning. (Really!)

You know, this is all great stuff you’ll want to read as soon as it’s posted. Why not subscribe to our RSS feed, or go to the top of this page to sign up for our email list, to assure that you don’t miss a single post!

Stay cool! The tide’s rising to meet you!


11 Responses to “Boomers: How Is Your Ship Surviving Our Current Sea of Economic Stress? Are You Looking for a New Job, Moving In With Family, Planning an Expat Lifestyle? Or Sailing Ahead?”

  1. Charles@Las Vegas Real Estate Blog on June 11th, 2009 9:11 pm

    Glad to see you’re back. Sometimes you have to take time off to smell the roses. Sometimes a hiatus is the best thing for your blog. Lets you regroup and do something different for a while. You could always set up some guest bloggers if you want to have continous content.

  2. Philip James@Hair Extensions Chicago on June 12th, 2009 8:12 am

    I think that if people can afford to be patient for a little while we will work our way out of this into a new economic high.

  3. Popular Baby Pushchairs on June 25th, 2009 3:50 am

    It’s good to see you back, thanks for making a return to the “ship”! Glad to hear all is well- I’m look forward to the content you have lined up for us over the next few months..

  4. Rick @ Business VoIP PBX on July 8th, 2009 12:11 pm

    I think austerity builds character and forces us to define what are really important to our lives. Hopefully we’ve been shaken out of our materialist stupor and realize that we can’t continue to support faux lifestyles built on credit.

  5. James@32 LCD TV on July 10th, 2009 8:04 am

    I don’t think it’s just baby boomers that are thinking of emigrating! Most of the major economic powers are in turmoil – sprialling debt, rising unemploymnet, etc – and surveys seem to indicate many educated professionals are looking overseas. New Zealand alone has seen a huge jump in immigration (time to dust off the passport)! But let me be all doom and gloom, I’m sure some people still have jobs such as…:)

  6. Mark Hostetler on September 2nd, 2009 2:33 pm

    I would recommend to everyone to calm down and stay united. In times of stress, all we need is a good support and there’s no better support than a family or friends. USA is slowly getting out of recession and while the times are tough, there are few lessons to be learned from it. We’ve learned how to save, if such times occur again. We’ve learned how not to waste money on things which we only desire and are for show only. Recession may have slowed down people to think where they are heading towards and look if there are any room for improvements within. Now those who’ve got passed the improvement level will continue their ride being fresh and improved and much better than ever!

  7. Keith@IRA Income on March 1st, 2011 6:07 pm

    Ha! I love the Expat comment! The markets have been wild but there are other ways to protect your retirement money and earn money in retirement. I agree with you Mark, just stay calm watch your spending. Nothing drastic needs to be done but doing nothing isn’t going to work either.

    Looking forward to reading more.

  8. Lynda@panic away scam on September 12th, 2011 10:02 pm

    Many of the steps taken by the government do not seem to be working. We are making very little progress in terms of getting out of recession. Looks like this one is going to be long and tough.

  9. digit@seo san francisco on November 11th, 2011 5:10 am

    USA is slowly getting out of recession and while the times are tough, there are few lessons to be learned from it. We’ve learned how to save, if such times occur again. We’ve learned how not to waste money on things which we only desire and are for show only. Recession may have slowed down people to think where they are heading towards and look if there are any room for improvements within.

  10. Shirley@Equity Home Loan Financing on April 12th, 2012 1:25 pm

    Although this is an old article, it still holds weight. It is difficult for people to handle the stress put on them by the state of the economy. Retired people are even more stressed because they see their investments and nest eggs become less valuable. One way to free up cash (if you have good credit) is to take out a home equity loan. It is is less expensive than a reverse mortgage and can ease some of the stresses we currently face.

  11. Eric Eddler on July 11th, 2012 10:19 am

    Long-term annuities are a great way to ensure a steady flow of income during retirement. They allow for a sum of cash to be set aside, then funds are provided at a certain time period determined upon creation. One issue many have with this system is when a large amount of money is needed all at once, rather than small amounts over time. This is when selling the annuity becomes an option. Doing so will net you a lump sum of cash for settlement. This option is usually taken in times of emergency. Hope this was helpful.